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 Industry NewsPlastics Industry CapEx Increased in Recent Years. Will it Continue?November 17, 2020 Business investment spending on nonresidential structures, such as factories or warehouses, equipment, and intellectual property, are referred to as capital expenditures or CapEx. Businesses spend to acquire, improve, or maintain such long-term assets to sustain and enhance efficiency or capacity. The rise and fall of business investment go hand in hand with the businesses' confidence in economic growth. CapEx in the U.S. nonfinancial sector moves with shifts in manufacturing confidence. |
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Future Leaders
A Message From Jon Smalling: FLiP’s Incoming Vice Chair
November 9, 2020 PLASTICS and the Future Leaders in Plastics (FLiP) Committee are devoted to supporting and encouraging the next generation of plastics leaders who will play a crucial role in the innovation, technology and the future of the plastics industry. FLiP’s mission is to provide young professionals in the plastics industry the exposure, education, and resources they need to build a lifelong career in plastics. Want to join? Email flip@plasticsindustry.org. -
Industry News
Automotive: Plastics End-Market Recovery Takes Shape
October 16, 2020 Consumer engagement improved at the close of the second quarter even though the economy was not at full employment. Retail sales in June, July, and August were higher than pre-COVID-19 levels. Auto and light truck sales also started to increase from the April lows. The same pattern of improvement emerged in automotive production and assemblies. -
Events
NPE2021: The Plastics Show is On!
October 14, 2020 NPE2021 is scheduled to be held as a live, in-person event, May 17–21, 2021 at the Orange County Convention Center (OCCC) in Orlando, Florida. As we continue to work our way through the pandemic, we are all hoping for a better—and healthier—tomorrow for our family, friends, colleagues, and industry. -
Future Leaders
Working With Passionate People Every Day
September 30, 2020 The FLiP Files is a blog series spotlighting young professionals who are active in PLASTICS' Future Leaders in Plastics (FLiP), a group for plastics professionals under the age of 40. For this FLiP File, we spoke with Stacey Axler, Digital Communications Specialist at the Plastics Industry Association, about her experience working in the plastics industry. -
Industry News
Plastics Industrial Production and Capacity Utilization Improved in August
September 23, 2020 Following the decline in plastics products manufacturing in April, the latest data from the Board of Governors of the Federal Reserve System of the U.S. shows continuing improvements over the past four months. Although the industrial production index on plastics products is still running below the pre-COVID-19 level, the path reversed from April's low. -
Industry News
Trade in Molds for Plastics Manufacturing: A V-shaped Recovery
September 8, 2020 As far as the U.S. plastics industry, exports of plastics molds in June were 36% above June 2019. Imports were up 4.0% from a year ago. Both exports and imports of molds are back to pre COVID-19 levels. This could be an indication that demand at plastics processors has picked up in both domestic and export markets since the lockdowns in March.