German rigid plastic packaging firm Gizeh Verpackungen GmbH & Co KG is expanding in North America by opening a new plant in Brantford, Ontario. The company says it will invest about $15 million in the project through 2016.
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.