Space Draw numbers hint at larger NPE in 2015

By Bill Bregar
Senior Staff Reporter

Published: February 20, 2014 3:43 pm ET
Updated: February 21, 2014 9:44 am ET

Related to this story

Topics Trade Shows, Machinery
Companies & Associations Bill Carteaux, Society of the Plastics Industry Inc.

ORLANDO, FLA. — A record 791 people registered for the three-day Space Draw for NPE 2015 in Orlando, and by the end of the event, their companies will claim about 800,000 square feet of booth space.

That's 160,000 square feet more than the draw before the last NPE, in 2012, said Gene Sanders, who heads trade shows at the Society of the Plastics Industry Inc.

SPI leaders kicked off the Space Draw with an upbeat report on the show next year, and the overall manufacturing economy. The Washington-based trade group held the Space draw Feb. 19-21, at the Rosen Shingle Creek Hotel and Conference Center, next to the Orange County Convention Center in Orlando, where the NPE is now held. SPI moved the trade show to Orlando for NPE 2012, after years at Chicago's McCormick Place.

NPE2015 will run March 23-27, 2015.

At the Space Draw, representatives from exhibitors pick booth space for the show. Attendees spend the three days studying maps of the show floor, calling the home office, and adjusting strategies as booth space gets claimed. It's like the NFL draft, but instead of star athletes, participants vie for the best booth space available. In between they drink coffee, snack and socialize.

Jim Murphy, chairman of NPE 2015, said SPI's surveys show that people come to an NPE to see technology and network with their peers. He encouraged exhibitors to promote the show to their customers well before the actual NPE, so more key customers attend North America's biggest trade show.

"This is really the place where we start the process," Murphy said of the Space Draw. "Today's when we really start the action."

William Carteaux, SPI's president and CEO, said plastics is the United States' third-largest manufacturing sector, employing 892,000 people. The industry invested more than $9.6 billion in equipment in 2012, he said.

Looking ahead, Carteaux said the global economy has grown, coming out of the recession. "And all the economists that we talk to think this is going to continue" in 2014 and 2015, he said. "Manufacturing is on the rise around the world."

And he said U.S. manufacturing economy has been strong, despite some ups and downs. The Institute of Supply Management's Purchasing Managers Index has stayed above 50 since 2010 — readings higher than 50 indicate manufacturing is expanding.

Carteaux said the U.S. plastics industry continues to have a big overall trade surplus. One big change is that the United States, once a net importer of resin, is poised to become a major exporter, thanks the boom in shale gas. Natural gas is a key source of resin, and lower-priced gas gives the United States a major competitive advantage.

As a result, some molding work is returning to the United States, from China, Carteaux said.

New features at NPE 2015 will include a three-dimensional printing exhibition and the first-ever pavilion showcasing product designers, hosted by the Industrial Designers Society of America, said Sanders, SPI's senior vice president of trade shows and conferences.


Comments

Space Draw numbers hint at larger NPE in 2015

By Bill Bregar
Senior Staff Reporter

Published: February 20, 2014 3:43 pm ET
Updated: February 21, 2014 9:44 am ET

Post Your Comments


Back to story


More stories

Image

Milacron commits $30 million to investment in India

August 20, 2014 5:42 pm ET

MUMBAI — Cincinnati-based Milacron LLC plans to invest $30 million over the next three years in India. The investments will double capacity at...    More

North American Plastics Alliance celebrates three years, and welcomes Anipac

August 20, 2014 1:35 pm ET

Three years ago, the three leading plastics industry associations in the U.S. and Canada formally joined forces to create the North American Plastics ...    More

Image

Trade group lists China's top plastics machinery manufacturers

August 15, 2014 9:58 am ET

The China Plastic Machine Industry Association has unveiled its latest rankings of the top 25 plastics machinery suppliers in China as well as...    More

Image

Wittmann Battenfeld adding machining center in Austria

August 15, 2014 9:42 am ET

Austrian injection molding and auxiliary equipment machinery company Wittmann Battenfeld GmbH is already increasing capacity of the new assembly hall ...    More

Image

Euromap designs machine energy efficiency label

August 15, 2014 9:38 am ET

A European trade group has designed a new standardized label that shows the energy efficiency class of plastics processing machinery.    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

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.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

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.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events