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Double-digit growth for exports to specific emerging markets is indicative of consumer packaged goods companies expanding operations into China (+38.29 percent), India (+44.81 percent), and Latin American countries including Mexico (+24 percent), Brazil (+19 percent), and Venezuela (+25 percent).
“The year-end numbers confirm U.S. packaging machinery manufacturers delivered despite rapidly changing global economic conditions,” said Charles D. Yuska, president and CEO, PMMI. “PMMI members are not only bringing reliable, quality machinery to the market—they are delivering innovative, cost-effective packaging solutions to meet customer needs on a global scale.”
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