Packaging Machinery Purchasers Confirm Companies’ Predictions

ARLINGTON, Va.—Consumer and industrial goods companies have adjusted their predictions for 2008 packaging machinery spending only slightly, according to PMMI’s Spring Update to the Purchasing Plans Study.

Interviews and surveys for use in the update were conducted in April and May 2008, and initial research took place in December 2007 and January 2008. More than half of the respondents said they would stay on track with their packaging machinery purchase plans for 2008. The remainder were split evenly between increasing budgets and scaling back.