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February 27, 2017 01:00 AM

Thermforming up, packaging dominates market share

Don Loepp
Editor
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    Reprints Print
    Jessica Jordan, Hollee Keller
    Top processes

    Today Plastics News publishes our 23rd annual ranking of North American Thermoformers. In print, we rank the top 100, but online (plasticsnews.com/rankings/thermoformers) we've got full data for 225 companies. Let's take a look at some of the numbers behind the ranking.

    Our ranking includes nearly $12 billion in North American thermoforming sales, a 3.2 percent increase over last year's totals. The average thermoforming sales per company is up 4 percent.

    Most resins' year over year pricing dipped slightly with the notable exception of polypropylene. Looking at the top 25 firms, about a quarter show sales dips as well.  The rest increased or remained the same, suggesting that pass-through may not have played as big of a role as in previous years.

    38 companies have all of their ranked sales listed as packaging, for a total of $8.8 billion in sales. Meaning about 17 percent of the listed firms are exclusive to packaging but make up 73 percent of the ranking. How does that compare over time?

    Jessica Jordan, Hollee Keller
    Biggest Movers: these firms moved up in the ranking this year

    Patrick Industries Inc. of Elkhart, Ind., moved up 44 spaces to rank at No 137.

    Fox Lite Inc. of Fairborn, Ohio, moved up 25 spaces to rank at No. 144.

    Kruger Brown Holdings LLC of Portage, Wis., moved up 21 spaces to rank at No. 10.

    Plastic Fabricators Inc. of York, Pa., moved up 14 spaces to rank at No 190.

    Rohrer Corp. of Wadsworth, Ohio, moved up 12 spaces to rank at No. 35.

    Paragon Plastics Inc. of Cocoa, Fla., moved up 11 spaces to rank at No. 128.

    Form/Tec Plastics Inc. dba Shields Windshields of Martinsville, Ind., moved up 10 spaces to rank at No. 122.

    Welcome to the ranking!

    The following firms have been added this year:

    Georg Utz Inc., a maker of material handing containers and pallets in Edinburgh, Ind.

    MacNeil Automotive Products Ltd., a maker of automotive products and accessories in Bolingbrook, Ill.

    Pelican International Inc., a maker of kayaks, canoes, pedal boats and fishing boats in Laval, Quebec.

    The thermoformers rankings — and all our rankings & lists — include full ranking data, with downloads including address information for plant locations – can be found in the Plastics News Store.

    If you work for a company that is missing from the ranking, we would like to include you next time. Just sent a note to Hollee Keller at [email protected] or mail your information to Plastics News, P.O. Box 790, Tallmadge, Ohio 44278. All our survey forms are available online at www.plasticsnews.com/section/ranking-surveys.

    Thanks to Hollee Keller for the research on this year's ranking.

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