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Industry

Facts About Industry Sectors

Plastics

For 2007, orders for new plastic injection molding machines plunged to below 4,000 units.
Van Dorn Demag, a long-standing U.S. brand and market leader, closed U.S. operations to focus on China. That leaves Milacron as the last U.S. manufacturer of injection molding machines.
As a result of automotive supply chain restructuring, an unprecedented amount of surplus equipment caused prices for used injection molding machines to plunge – and in some instances, not to sell at any price.
According to Plastics One, manufacturers are discounting new injection molding machines by over 30%.
Extrusion and roto molding equipment that casts large, bulky extrusions and molded products that are too bulky and cost-prohibitive to import from China, continue to do well.
Blown film, especially BOPP (bi-axially oriented polypropylene) used for packaging is in high demand, with new capacity being brought on line in the U.S. for the first time in over 8 years.