During the past 15 years, plastic has evolved into the preferred product choice for many packaging applications. During the same time it has also attracted increased scrutiny from consumers and marketers interested in environmentally responsible approaches to plastic packaging applications.
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.