STATE OF THE INDUSTRY ON THE OFFENSIVE

The drug and medical/surgical markets promise growth, but Gaffey admits it is difficult to project precisely where that growth will evolve. Currently, the most talked-about development is blister packaging.

Pet foods benefit from heavy conversion potential; currently, cans dominate the arena but are slowly being replaced by flexible packaging. To fully exploit the pet food business opportunity, Gaffey insists retort pouchstock prices must come down.