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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).
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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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