According to the Packaging Machinery Manufacturers Institute (PMMI), companies continue to make capital investments in packaging machinery. Shipments for packaging machinery in the United States increased 12 percent in 2010 compared to 2009, bringing shipment totals to $5.5 billion versus $4.9 billion the prior year, according to a PMMI report released in November.
PMMI’s annual U.S. packaging machinery shipments report also states that domestic exports increased 9 percent from $891 million in 2009 to $975 million in 2010. Packaging machinery imports grew 13 percent from $1.2 billion to $1.3 billion in U.S. dollars, the report states.