TITLE

Are U.S firms holding the line?

AUTHOR(S)
Esposito, Frank
PUB. DATE
February 2006
SOURCE
Plastics News;2/6/2006, Vol. 17 Issue 49, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on issues related to the U.S. plastics industry. The U.S. plastics industry is in the middle of a major shift in goals, going from a strategy of growth via replacing traditional materials to one of holding on to a manufacturing position that took 50 years to build. The industry remained the fourth-largest manufacturing business in the country but a recent three-year period saw more than 500 plastics facilities close and almost 70,000 jobs lost. One big unknown heading into 2006 will be the longer-term effect of disruption caused by the hurricanes of 2005. The 2004 plastic products trade deficit with China and Hong Kong was almost $5.1 billion, an increase of almost 19 percent from 2003.
ACCESSION #
19790304

 

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