U.S. Packaging Machinery Shipments Eclipse $6 Billion for First Time
The following growth factors supported the strong industry growth in 2006
• Increased focus by U.S. companies on manufacturing/packaging cost reduction and productivity improvement to combat rising labor, energy and raw material costs.
• Continued strong cash positions among U.S. corporations.
• Increased need for highly flexible packaging machinery to accommodate shorter packaging runs with a widening range of packaging styles, sizes and configurations.
• Greater demand for turnkey packaging system projects (total line solutions).
• Favorable reception to new machinery introductions with advanced features and benefits including robotics, servo technology, faster speeds, greater packaging precision, easy packaging line integration, touch screen user controls and smaller footprints.
• Demand for machinery upgrades due to packaging format changes to support consumer marketing efforts.
• Attention made to product tracking and labeling, as well as continued pressures to add package security features to protect product integrity, prevent counterfeiting or product contamination
- People:
- Charles D. Yuska