Industry Market Trends

Convenience, Protection, and 'Smart' Features Will Carry Folding Cartons

October 22, 2014

From cereal boxes to outer sleeves for ready meals to pharmaceutical packaging, folding cartons are key products in the global packaging sphere. The folding-carton market, valued at $140 billion in 2012, continues to grow and is forecast to be worth $184 billion in 2018. This expansion will be fed mainly by continued... Read More

Industry Market Trends

Small and Big Manufacturers Alike Forecast Healthy Revenue Growth

October 21, 2014

American manufacturers continue to be optimistic about business and revenues despite concerns about rising costs and the shortage of qualified workers. A benchmarking survey by Chicago-based manufacturers buying group Prime Advantage, revealing the business expectations and top concerns of more than 750 small and... Read More

Industry Market Trends

Editor's Note: Stifling Innovation

October 20, 2014

No one will argue that entrepreneurship and innovation are vital to economic growth and job creation. It’s also no surprise that obtaining capital from banks after the financial crisis has gotten tougher for startups, thus lending rise to another innovation in itself: crowdfunding. The almost-immediate uptakes of... Read More

Industry Market Trends

Climbing Hardwood Prices Floor Home-Building Industry

October 16, 2014

The U.S. housing market is facing a new headwind — a jump in the cost of hardwood prices. The hike also is escalating the price of wood pallets. Against the backdrop of rising raw materials prices, most of the American hardwood flooring manufacturers have been forced to raise prices on finished goods. Some... Read More

Industry Market Trends

Viewpoint: Can Walmart's 'Made in America' Campaign Last?

October 16, 2014

As I remember tuning into ABC and David Muir’s “Made in America” series last year, I find myself thinking about how U.S. manufacturing has come back. Walmart made headlines last year, when it announced plans to buy $250 billion ($50 billion new) in products that support American jobs over the next 10 years. It... Read More

Industry Market Trends

Lean Processes Are 'Low-Hanging Fruit' of Maintenance Savings

October 15, 2014

Lean processes, while being widely deployed in manufacturing, are only now gaining the recognition they deserve in plant and facilities maintenance. Regardless of the systems in place, the visibility and management of critical spares and maintenance, repair, and operations (MRO) procurement represent in many cases... Read More

Industry Market Trends

Biomaterials Weave Their Way Into Manufacturing Value Chains

October 14, 2014

Manufacturers and brands have raised the level of bio-based materials they use in their products. Their reason for using plant-based materials is, in part, to meet sustainability goals. However, such materials, green as they might be, are now competitive with petrochemicals in the critical areas of cost and... Read More