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Industrial production data for household appliances through the second quarter of 2017 maintained the steady upward trend that started in early 2013. Since the beginning of 2016, packaging consumption has grown between 2 and 5 percent. 

New technologies coming to market in the next few years will require investments that will create sustained demand and industry growth for advanced automation, machinery, tooling, composites and plastics.

Machinery/equipment likely to contract this year; automotive strong, but slowing.

The industry’s demand for higher quality, faster turnaround times and lower prices in the last decade has resulted in dramatic improvements in high speed machining as well as controls and spindles.

Positive data helps mold builders prepare for upcoming industry changes and growth opportunities.