Packaging Equipment Shipments Are Up

Growth in packaging machinery shipments during the decade ahead is projected to grow by about 3.9% for the next three years, to a value of shipments approaching $5.082 billion by 2001. However, packaging machinery made in the United States is faring less well in the export sector, with an 11% decrease during 1998.

Turmoil in key international markets was blamed for the drop, according to Charles Yuska, president of the Packaging Machinery Manufacturers Institute. Because of the shake-up in the U.…