Productivity gains lead to higher wages. That's been an economic mantra forever, or least since Henry Ford doubled wages to $5 a day. Economists call that a virtuous circle. It's not happening anymore. Productivity is rising, but middle class wages are stagnating.
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.