K Show Report: North American injection molding market improving, say execs
Most exhibitors of injection molding machinery at this year's K Show reported improved sales in the North American...
November 1, 2004 by Canadian Plastics
Most exhibitors of injection molding machinery at this year’s K Show reported improved sales in the North American market, as well as better prospects for future growth in the NAFTA region in comparison to the last few years.<br>
Ron Brown, president and CEO of Milacron said growth of injection sales in the U.S. market is “steady and accelerating”. Worldwide, Milacron’s injection molding machinery sales have grown 10% in the last year, a pace Brown expects to maintain over the next few years. The North American market has strongly contributed to this growth.<br>
“Our big machinery market in the U.S. is up 20%,” Brown said.<br>
Walter Jungwirth, president and CEO of Engel North America concurred.<br>
“We see very positive signs of a pick up in the North American market,” said Jungwirth. “Automotive and packaging are two especially strong areas.”<br>