U.S. Packaging Machinery Shipments Eclipse $6 Billion for First Time

Exports of packaging machinery surpassed the $1 billion mark for the third consecutive year with $1.012 billion in equipment sold overseas, an increase of 0.5 percent. U.S. domestic demand, which includes domestic shipments and import figures, increased by 8.4 percent to $6.637 billion in sales. Domestic shipments were up 7.2 percent to $5.098 billion and imports were up 12.6 percent with $1.539 billion in sales.