Whether your business needs drinkware products, food packaging containers, or pharmaceutical bottles, plastic injection molded products will fulfill your needs. And not only can you get exactly what your company needs to your specifications, your plastic products can be made in the U.S.A.
The plastics industry is the third largest manufacturing industry in the United States, and the outlook is strong, with everything from companies that specialize in plastic injection molding products to 3D printing being in high demand around the globe. In the U.S. alone the plastics industry employs almost 900,000 workers, making plastics a key piece of the U.S. job force overall. And in an IndustryWeek study, 70% of manufacturers said that better access to skilled talent was a main cause for moving their operations to the United States, more than four times as many as those who said that access to talent was a reason for moving production outside the U.S.
The amount of automotive plastics transactions decreased in 2013, with the majority of business involving buyers strategically acquiring companies involved in the making of plastic injection molding products. Most of the mergers and acquisitions (MandA) activity in the plastic packaging business involved injection molding, extrusion, and other specialty applications. While MandA volume for most processes did lessen in 2013 led by injection molding and extrusion, the majority of injection molding activity that did occur, occurred in industrial plastic injection molding products, followed by an even mix of automotive plastics, medical plastics, and plastic packaging.
In 2012, plastics manufacturers shipped close to $373 billion in assets; it?s a multi-billion dollar industry and in 2013, plastic injection molding products and extrusion products represented more than half of all plastics transactions. That?s because savvy business owners get custom molded products for all their plastics needs.
So what are you waiting for? Facilities for manufacturing plastic injection molding products can be found throughout the U.S. in all 50 states, with nearly 16,000 facilities in the country. Find one to work with today and have the best packaging (or cups or plates or a million things you can think of) tomorrow.