PMMI reports good news for U.S. packaging machinery shipments in 2010: a 12 percent jump from 2009, bringing the shipments totals to $5.5 billion, up from $4.9 billion the year before. PMMI’s annual U.S. Packaging Machinery Shipments report also indicates exports, as measured in U.S. dollars, increased 9 percent, from $891 million in 2009 to $975 million in 2010,while imports jumped 13 percent, from $1.17 billion to $1.32 billion.
“In recent years, the packaging machinery market has reflected trends in the general economy,” says Charles D. Yuska, president and CEO, PMMI. “2008 shipments were generally flat from 2007, and 2009 shipments dropped by about 16.3 percent. The increase in 2010 shipments mimicked the slow economic recovery, however preliminary data shows significant growth in 2011.”