SEOUL, SOUTH KOREA — Austrian press maker Engel Holding GmbH is doubling capacity at its South Korean factory. The company hopes to expand its market share in Asia in part by capturing some of the precision electronics component manufacturing business currently dominated by the Japanese.
North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.
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Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.