Industry News

    • Industry News

      Plastics Manufacturing Up in July

      While the first six months of 2022 brought economic contraction causing production to move sideways from February to June, U.S. plastics product manufacturing advanced to a good second-half start. The 1.2% increase in plastic production exhibited in July was an improvement—6.3% higher than a year earlier and higher than the 3.2% increase in U.S. total manufacturing.
    • Industry News

      Halftime Report: Putting 2022 GDP Numbers in Perspective

      Recession or not a recession? Call it what you want, but U.S. economic output, measured by gross domestic product (GDP), adjusted for inflation, decreased in the first half of 2022. In Q1 2022, the U.S. real GDP fell by 1.6%. Based on the advance estimate released today by the Bureau of Economic Analysis, the U.S. economy continued to contract in Q2 2022 - falling by 0.9%. What is the impact of the economic slowdown in the first half of 2022 on the plastics industry? Personal consumption expenditures (PCE) data can offer clues.
    • Industry News

      Vehicle Supply Chains Looking Better, Still Not Meeting Demand

      There have been signs of improvement in the recent months of 2022, as the capacity utilization rate in U.S. automobiles and light trucks manufacturing increased to 75.7% in May, the third consecutive month of increase. However, the increase was still below the 76.2% monthly average capacity utilization rate at the same time in 2019.
    • Industry News

      Guest Blog: Antimicrobial protection for plastics, with a cleaner ride to boot

      In this guest blog, Rich Kenney of PLASTICS member Microban shares some fascinating information about how automakers are working with companies like Microban to protect us from germs as we drive.
    • Industry News

      New Leaders for a New Era at PLASTICS

      On Tuesday evening, April 26th, the staff at PLASTICS received an email from Tad McGwire, Chair of the PLASTICS Board of Directors. In it, he announced that Matt Seaholm, VP of Government Affairs and Glenn Anderson, VP of Member Engagement, had been appointed by the board as the association’s new Chief Executive Officer and Chief Operating Officer.
    • Industry News

      Plastic Is the Right Choice...Again

      A recent article on the Industrial Equipment News website highlights yet another area in which plastic is the preferred material for an important function.
    • Industry News

      Celebrating the Return of the Plastimagen Trade Show in Mexico City 

      If you’re in the plastics industry, odds are you’ve heard good reports coming out of the recent Plastimagen in Mexico City. Allow us to share one more.
    • Industry News

      ICYMI: Tad McGwire Named Chairman of PLASTICS

      Tad McGwire, CEO and owner of Industrial Heater Corp, a recognized leader in the process heating industry, is now PLASTICS' Chairman of the Board, bringing nearly four decades of manufacturing experience to the role.
    • Industry News

      The U.S. Plastics Industry in 2021 in Seven Charts

      The U.S. plastics industry performance in 2021 can be summarized in seven charts. As in last year’s synopsis of 2020, the charts presented below are not all-inclusive considering that November and December data  is still forthcoming. These charts are based on PLASTICS’ projections.