Investing in a Brighter Future

Two recently completed surveys of equipment purchasing plans show that 2004 will be a year of healthy capital investment in the packaging industry. In its seventh annual Purchasing Plans Study, the Packaging Machinery Manufacturers Institute (PMMI) reports that 66 percent of the companies surveyed plan to spend as much as or more capital in 2004 vs. last year. Similarly, packagePRINTING's 14th annual Equipment Purchasing Survey had almost 90 percent of respondents indicating the same or greater level of spending in 2004.