Plastics Business Given US businesses, nonprofits and government agencies will spend over $1.5 trillion in capital goods or fixed business investment (including software) this year, financing a majority of those assets, ELFA outlined trends that will affect a significant portion of the US economy. In determining its Top 10 Equipment Acquisition Trends for 2017, ELFA distilled … [Read more...] about Top 10 Equipment Acquisition Trends for 2017
Business Planning
Opportunities for Energy Efficiency in the Plastics Molding Facility
by Michael L. Stowe, P.E., senior energy engineer, Advanced Energy . " title="Efficient energy consumption can greatly increase profitability."> Efficient energy consumption can greatly increase profitability. . " title="Figure 1. Typical single screw plastic extruder "> Figure 1. Typical single screw plastic extruder . " title="Figure 2. … [Read more...] about Opportunities for Energy Efficiency in the Plastics Molding Facility
Eyeing New Opportunities in Cuba
A conversation with Chuck Sholtis, CEO and owner of Plastic Molding Technology Inc. Approximately 100 miles from Key West lies the Caribbean islands of Cuba, home to more than 11 million citizens. The main island hosts the country's capital of Havana and, despite the lack of US involvement for more than 50 years, was the destination for more than 3.5 million tourists last … [Read more...] about Eyeing New Opportunities in Cuba
Evaluating Plant Expansion Needs
by Scott Walton, Harbour Results, Inc. Now that production levels have increased across several major markets affecting the plastics injection molding industry, many processors are wondering if their current assets are enough to handle the growth. Whether acquiring new equipment or assessing facility space for reconfiguration or expansion, decisions should be supported by … [Read more...] about Evaluating Plant Expansion Needs
An M&A Market Update for the Plastics Industry
by David Evatz, SRR There continues to be strong demand for plastic companies across all end markets and manufacturing processes. Although acquisition demand is strong, there currently exists a general lack of quality deals in the marketplace, resulting in a supply/demand imbalance (i.e., more buyers than sellers). Global plastics M&A volume increased four percent during … [Read more...] about An M&A Market Update for the Plastics Industry