Keep a close eye on your North American injection molder. At least one in four are in credit jeopardy. Average utilization rates are a mere 41 percent. Molders are getting clobbered by high resin prices, weak demand and customer demands to reduce prices an average of 3 percent per year. “I’m thinking we could lose 1,000 to 1,500 in the next five years,” said Jeff Mengel, partner, Plante & Moran at Molding 2008 today. There are some 6,000 molders in North America today, down from 7,000 seven years ago.
Oak Ridge National Laboratory has developed a surface preparation method to improve joining carbon composites with aluminum, with potentially far-reaching ramifications for high-volume industrial applications.
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