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Strategies for Today's Plastics Processors

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Benchmarking

Steady Not Stagnant: Strong Performance Continues in 2019

benchmarking chart

by Ashley Burleson, Membership and Analytics Director MAPP As the industry heads into a new year, the theme that stands out for 2019 is one of maintaining performance, according to the most recent State of the Industry Report released by the Manufacturers Association for Plastics Processors (MAPP). This is not to be confused with stagnation. On the contrary, many plastics … [Read more...] about Steady Not Stagnant: Strong Performance Continues in 2019

Plastics Processors Continue to Boost Compensation for Workers

by Ashley (Turrell) Burleson, membership and analytics manager MAPP When comparing wage data from 2017 to 2018, more than 75% of jobs in the US plastics industry experienced wage increases above the current inflation rate of 2.1%. Across the board, plastics manufacturing positions experienced an average of nearly 5% increases in compensation, according to the most recent Wage … [Read more...] about Plastics Processors Continue to Boost Compensation for Workers

First Quarter Gaining Momentum: 2018 Plastics Industry Outlook

by Ashley Turrell Burleson, membership, engagement and analytics manager MAPP Seventy-one percent of plastics processors are reporting increased sales today vs. one year ago (Chart 1), and 81 percent anticipate their companies' sales to continue to grow over the next 12 months, according to the recent State of the Plastics Industry Report from the Manufacturers … [Read more...] about First Quarter Gaining Momentum: 2018 Plastics Industry Outlook

MAPP Award Honors Outreach Efforts

The Educational Outreach Award honored Viking Plastics, Dymotek and All-Plastics. Photo courtesy of Creative Technology Corp. Manufacturers Association for Plastics Processors (MAPP) recently held its second annual Educational Outreach Contest. This celebration recognizes manufacturers that coordinated events during the past 12 months to engage young people in the … [Read more...] about MAPP Award Honors Outreach Efforts

As Labor Pool Shrinks, Compensation Rises

by Ashley Burleson, membership and engagement manager MAPP Compared to 2016, more than half (57 percent) of jobs in the US plastics industry experienced wage increases above the current inflation rate of 1.9 percent. Across the board, plastics manufacturing positions, on average, experienced a 2.0 percent increase in compensation, according to the most recent Wage and Salary … [Read more...] about As Labor Pool Shrinks, Compensation Rises

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