Published: August 24th, 2010
Current data from The Repton Group LLC on key injection molding end markets. Click here.
Published: July 23rd, 2014
The latest results of the Industry Innovation Index survey commissioned by Altana, a German-based specialty chemicals group, are in and once again providing interesting insights into German industrial managers' take on success factors of innovative companies. Interestingly, but perhaps not surprisingly, the factor that scored the lowest was open innovation.
According to the survey, currently only seven percent of companies consistently incorporate external expertise into their innovation processes.
Published: July 21st, 2014
While supplier outlook continued to rebound in July, the optimism resided with very large suppliers (over $1 billion in revenue) or the small suppliers (under $50 million in revenue). That was the conclusion of the July Automotive Supplier Barometer from the Original Equipment Suppliers Association (OESA).
Published: July 2nd, 2014
The growing foodservice industry is driving demand for cups and lids, with demand estimated to expand 4.4 percent per year to $10.0 billion in 2018, according to The Freedonia Group, a Cleveland-based industry market research firm.
Published: July 1st, 2014
Manufacturing appears to be flat month-over-month after the Institute for Supply Management's June Manufacturing Report On Business shows PMI (Purchasing Management Index) decreased to 55.3%, down 0.1% from May's reading of 55.4%. While the report shows that manufacturing remains on the "expansion" side of the equation (above 50 is an expansion while below 50 indicates a contraction), the industry isn't exactly booming.
Published: June 20th, 2014
The plastics industry is leading the way in building a strong manufacturing economy in Florida with Maruka USA and 5 Nines Automation taking the leadership role. The companies recently hosted a panel discussion between legislators and local business leaders that focused on what steps should be taken to stimulate manufacturing growth in the state and educate the next generation of workers needed to support this industry.
Published: June 6th, 2014
"The year 2030: The long-standing division of the world in the three markets of Europe, America and Asia is dissolved. There is a fully integrated world market with globalized product segments."
Published: June 4th, 2014
Most of us who've been in the plastics industry for at least the last two decades have probably heard this comment many times: "Did you see The Graduate?"
Yes, we've either seen that iconic movie that helped to put the plastics industry on the map, or we've heard about it. Dustin Hoffman plays the young man Ben, who's just graduated from college, and can't seem to decide on what to do with his life. At a party, Mr. McGuire pulls Ben aside and tells him that his future lies in just one word: Plastics.
Published: June 3rd, 2014
After correcting its original report due to a software programming error, the Institute for Supply Management released its Manufacturing Report on business for May. The May Purchasing Managers Index registered 55.4%, an increase of 0.5% from April's reading of 54.9%, indicating an expansion in manufacturing for the 12th consecutive month.
Published: May 30th, 2014
The global 3D-printing market will be worth approximately $7 billion by 2025, at least $3 billion of which will come from bioprinting, according to a report from business research firm IDTechEx.