US exports more packaging machinery
From January to November 2006, United States exports of packaging machinery increased 7% compared to the same period of 2005 totalling U.S. $783 million. U.S. imports of packaging machinery increased 6%.
The data, based on U.S. Census estimates and reported by the Packaging
Machinery Manufacturers Institute (PMMI), reflects the overall economic impact
of the U.S. packaging industry.
According to PMMI’s 12th Annual Shipments and
Outlook Study, released in September 2006, the growth can be attributed to
end-users expanding production lines to accommodating new product introductions
and package designs. In effect, end-users continued to replace older packaging
machines with new models featuring state-of-the-art technology and promising
rapid return on investment.
Related website:
PMMI
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