U.S. plastics product manufacturers, key suppliers to auto and aerospace industries, construction and retailing, recently wrapped up their fifth year in a row of increased sales, according to new data from Sageworks, a financial information company. Profitability has also strengthened as the industry benefits from a growing economy, increasing automation and “reshoring” trends. Preliminary estimates from Sageworks’ analysis of statements filed in 2014 show that privately held companies...
U.S. plastics product manufacturers, key suppliers to auto and aerospace industries, construction and retailing, recently wrapped up their fifth year in a row of increased sales, according to new data from Sageworks, a financial information company. Profitability has also strengthened as the industry benefits from a growing economy, increasing automation and “reshoring” trends. Preliminary estimates from Sageworks’ analysis of statements filed in 2014 show that privately held companies...
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