Machinery
Demand picked up during the second half of 2024, but it's expected to stall again before accelerating later in 2025.
Some machinery companies are seeing signs of a recovery. That doesn't necessarily mean there's a sudden burst of sales, but rather it indicates that booked business for 2025 is stronger, especially when compared with sluggish activity in late 2023 and into 2024.
Automation is one facet of injection molding where investment continues. "The industry is seeing a downward trend for new molding machines, but robots and automation remain strong as processors still battle labor issues and staying competitive," said Jason Long, vice president of sales at Wittmann USA.
Linda Campbell, vice president of sales for Entek Manufacturing Inc.: "If we can see interest rates continue to decline, we expect to see a much stronger 2025 than 2024."
The road to a successful career isn't straight. In fact, sometimes you have to step aside to move ahead, says Engel Americas' Vanessa Malena.
Engel plans to eventually ship India-made machines to customers in Africa and Southeast Asia.
Saip Advanced Polyurethane Equipment has acquired a majority interest in Linden Polyurethane of Cuyahoga Falls, Ohio.
Germany-based Kiefel announced it will cut around 100 jobs at its headquarters in Freilassing, Germany.
Third-quarter values are down 8.8 percent from the same period in 2023, which is better than second quarter drop of 36 percent.
Neustadt-Fernthal, Germany-based Dr. Boy GmbH & Co. KG. rolled out three injection molding machines for a new full-electric series designed to occupy as little production space as possible.
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