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BUSINESS CONDITIONS REMAIN STRONG

The packaging machinery sector showed continued strength in February, though its level of expansion declined slightly. That’s according to the Packaging Machinery Manufacturers Institute’s Business Conditions Index.

An index level exceeding 50 indicates expansion, while a number below 50 shows a slowdown in activity. In February, general business conditions fell 3.4 points to 57.1; quotations dropped 0.4 points to 59.6; shipments declined 0.8 points to 52.5; and new orders fell 2.7 points to 59. For more details, call PMMI at 703/243-8555.

How Can You Honor a Leader?
Induction into the Packaging & Processing Hall of Fame is the highest honor in our industry. Submit your leader to be considered for the Class of 2024 now through June 10th. New members will be inducted at PACK EXPO International in Chicago
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How Can You Honor a Leader?
New ebook focused on cartoning equipment
Read about the various types of cartoning equipment, how to select the right one, and common pitfalls to avoid. Plus, read equipment advice from CPGs for ultimate cartoning success.
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New ebook focused on cartoning equipment