If past cycles are any guide, we are overdue for a slowdown, yet M&A activity remains robust and shows no sign of declining. You can thank the baby boomers, the enduring popularity of plastic products, tax reform and attractive interest rates.
If the NAFTA renegotiation fails, it will be “most destructive to the United States, and the plastics industry, in particular,” according to Dwight Morgan, VP of Corporate Development for M. Holland Co. (Northbrook, IL).
Spectrum Plastics (Alpharetta, GA) CEO Neil Shillingford looks forward to evolving “our business in specialty and medical plastic manufacturing on behalf of our customers and employees” with the support of one of the pioneers in the private equity industry.
Assuming that the NAFTA re-negotiation achieves a successful outcome, the year ahead looks very promising for the domestic plastics industry and the world economy at large, which is poised to experience a rare instance of global synchronous growth.