Opportunity’s Still Knocking
Even amid turbulent economic times, flexible packaging converters find ways to improve their bottom lines.
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Since 2006, the flexible packaging industry has grown its sales from $24.9 billion to $25.9 billion in 2008. But, although sales have been growing, industry profits and overall U.S. GDP have been down or flat. For example, the U.S. GDP was 2.9 percent in 2006, while in 2008 it was 1.3 percent with reduced profits.
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Chris Mc Loone
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