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- Leaders in Packaging
Article | May 31, 1999
Machinery sales to be robust, PMMI says
Sales of packaging machinery in the U.S. this year is expected to be up by about 6%, according to new research for the Packaging Machinery manufacturers Institute (Arlington, VA).
In data revealed at a press conference last month during interpack 99 71% of machinery buyers contacted either will spend the same amount or more this year compared to last year.
The beverages and pharmaceutical/medical categories are expected to increase spending the most on packaging machinery PMMI reports with increases of 12% or more. The primary market drivers for purchasing equipment in '99 include continuing expansions and replacement of older machinery. Robotics and vision systems are the key technology drivers.
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