PMMI expects that sales of packaging equipment by domestic companies will level to $4.9 billion, excluding parts, which the association says represents approximately 20% of machinery sales. Pharmaceuticals, paper/non-durables, and foods, which the association says typically account for nearly 60% of machinery sales, will increase spending. Reduced spending is expected in consumer durables, printing/converting, chemicals, beverages, and personal care segments. Meanwhile, the hardware/industrial/automotive segment has budgeted about the same as last year.
Study findings were based on more than 400 telephone interviews with decision-makers from various market sectors. They represented 1꽟 plants. Free to PMMI members, the survey is available to non-members for $495. For information, call Paula Feldman, PMMI’s manager of statistics, at 703/243-8555, or e-mail her at [email protected].
