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Article | March 31, 2006
PMMI: Machinery shipments soared in 2004
U.S. packaging machinery shipments reached $5.344 billion in 2004, a 9.3% increase from $4.889 billion in equipment shipped in 2003, according to the Packaging Machinery Manufacturers Institute (PMMI).
All 17 of the machinery categories that PMMI tracks in its annual review experienced growth in 2004. Double-digit growth occurred in seven categories: converting machinery 24.6%; skin and blister packaging machinery 23.8%; filling machinery liquid products 22.8%; labeling machinery 22%; capping overcapping lidding and sealing machinery 13.8%; form/fill/seal machinery bag/pouch 11.1%; and palletizing depalletizing and pallet-unitizing machinery 11.1%.
In addition exports of U.S.–made packaging machinery increased by 12.5% to $1.071 billion in 2004 compared with $952 million shipped in 2003. Exports as a percentage of total U.S. packaging machinery shipments reached 20% for the first time since 1997 when exports were 21% of total U.S. shipments.
Canadian packaging machinery shipments grew 8.4% in 2004 to $323.7 million. Most notably PMMI says shipments of filling machinery for dry products rose 113.5%.
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