GUANGZHOU, CHINA — Injection press maker Engel Austria GmbH said sales in Asia topped the Americas for the first time ever in its most recent fiscal year, reaching a record for the region at 145 million euros and accounting for 18 percent of its 950 million euros in global revenue.
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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