Flexibles Fly High, Aim Higher

Does enthusiasm for expansion without a merger mean, for some converters, overcapacity concerns are lifting? FPA's survey showcases a mixed bag of perceptions, with 53 percent of converters and 65 percent of suppliers seeing overcapacity present throughout the industry. Forty-three percent of converters and 32 percent of suppliers saw overcapacity only in selected markets, and 3 percent in each group saw none at all. packagePRINTING's survey also captured varied levels of capacity utilization: 43 percent of converters reported using 80 percent or less of capacity in 1999, while 11 percent confirmed 95 percent to 99 percent utilization.