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Machinery industry endures booms and busts

By: Bill Bregar

Everybody knows that industrial machinery is highly cyclical, full of booms and busts. That certainly was true during Plastics News 25 years. We reported on memorable boom times of the late 1990s, then a slow decade-long decline that collapsed in the Great Recession, a painful and downright scary time. Since then industrial production, and machinery sales, have bounced back sharply.

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