Growth in U.S. Packaging Equipment Exports

Recognized for the strong value propositions they deliver in the areas of reliability, flexibility, productivity, and sustainability, North American packaging manufacturers play an important role in the process of opening new manufacturing facilities.

From January to December 2008, U.S. exports to Mexico reached $121 million, according to U.S. Census data reports. The increased demand for packaging equipment indicates production of pharmaceutical, food and beverage products in Mexico are poised to maintain growth. For example:
• Mexico is the largest producer of pharmaceuticals in Latin America and the ninth-largest producer worldwide.
• Mexico is the second largest market for soft drink products and the third largest beer producer in the world.
• CANAINCA, the Mexican Chamber of Processed Foods, predicts 4-5 percent growth in the Mexican processed food market for 2008 and 2009.
(Source: www.expopack.com.mx)