TAMPA, FLA. — William Hoffer, president of Hoffer Plastics Corp., accepts the 2012 Processor of the Year award during Plastics News' 2013 Executive Forum in Tampa. The South Elgin, Ill., custom molder received the honor on March 5 at the Saddlebrook Resort.
In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.
Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.