Myers Industries Inc. will close two plastics plants and open a new one in a restructuring program for its lawn and garden segment. Slated for shutdown are production plants in Waco, Texas, and Brantford, Ontario. A new plant will open in Sparks, Nevada, the Akron, Ohio, firm announced July 18.
Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.
Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.
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.