Canadian Plastics

U.S. machinery shipments up 4% in Q1 2008: SPI

U.S. manufacturers and importers of primary plastics machinery and equipment shipped US$227 million worth of primar...

June 16, 2008   Canadian Plastics

U.S. manufacturers and importers of primary plastics machinery and equipment shipped US$227 million worth of primary machinery (excluding components and auxiliary equipment) in the first quarter of 2008, a four per cent increase from the US$219 million shipped in the first quarter of 2007, according to the latest equipment statistics released by the Society of the Plastics Industry, Inc. (SPI) Committee on Equipment Statistics (CES).

This total also represents an eight per cent increase over the US$210 million shipped last quarter.

“The quarterly machinery shipment statistics report serves as an important tool for examining and understanding the U.S. plastics machinery and equipment industry, as well as the economic trends that impact it,” said Walt Bishop, vice president of SPI’s Equipment Council and executive director of the trade association’s machinery division.

According to the SPI, there were 25 new blow molding machinery units shipped in the first quarter of 2008 two more than were shipped in the first quarter of 2007; the number of injection molding machinery units shipped in the first quarter of 2008 decreased four per cent from the number shipped in the first quarter last year, and is 11 per cent less than the number shipped last quarter; and the number of extrusion machine (single and twin screw) units shipped in the first quarter of 2008 decreased 14 per cent from the number shipped in the first quarter of 2007, but is three per cent more than the number shipped in the fourth quarter of 2007.

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