Board Converting News, April 10, 2023

ISM: Manufacturing (CONT’D FROM PAGE 6)

Board Converting NEWS INTERNET DIRECTORY

Inventories Index dropped back into contraction as com- panies continue to manage their total supply chain inven- tories and liquidity. The Prices Index dropped back into 'decreasing' territory after one month of increasing prices preceded by four straight months below 50 percent. “Of the six biggest manufacturing industries, two — Petroleum & Coal Products; and Machinery — registered growth in March. “New order rates remain sluggish as panelists become more concerned about when manufacturing growth will resume. Supply chains are now ready for growth, as panel- ists' comments support reduced lead times for their more important purchases. Price instability remains, but future demand is uncertain as companies continue to work down overdue deliveries and backlogs. Seventy percent of man- ufacturing gross domestic product (GDP) is contracting, down from 82 percent in February. However, more indus- tries contracted strongly; the proportion of manufacturing GDP with a composite PMI calculation at or below 45 per- cent was 25 percent in March, compared to 10 percent in February, 26 percent in January and 35 percent in Decem- ber 2022,” says Fiore. The six manufacturing industries that reported growth in March are: Printing & Related Activities; Miscellaneous Manufacturing; Fabricated Metal Products; Petroleum & Coal Products; Primary Metals; and Machinery.

GARTECH MANUFACTURING COMPANY www.gartechmfg.com

American manufacturers of split heads, patented roll- er-bearing yokes, gang-slot upgrades, custom rebuilds, and glue systems with electronically-geared speed mon- itoring. Visit our website for info, tips and techniques.

THE HAIRE GROUP www.hairegroup.com

Haire Group is the premier provider of new machinery for the corrugated industry. From the Apstar line of flexo folder gluers and rotary die cutters, the Encore line of flexo folder gluers and rotary die cutters, and the Engico flexo folder glu- er, Haire is able to pair clients with the best machinery solu- tions for the best value to meet their needs. Haire Group's service department helps its customers maximize uptime and profitability through superior 24/7 service and support, a pre-install training center, and over a million dollars' worth of spare parts at their offices just outside of Chicago. Haire Group has been the industry's #1 pre-owned machinery bro- ker and plant equipment appraiser since 1976. HarperLove is the leading provider of specialty adhesives, performance additives, and wet-strength resins to corru- gated packaging manufacturers. With the largest and most experienced field service and technical support team posi- tioned throughout the U.S. and Latin America, HarperLove has a long-standing reputation for providing outstanding service and delivering demonstrable performance improve- ments. HarperLove’s renowned services include not only innovative product development and custom product for- mulation, but also machine and process assessments, ad- hesive formula adjustments, machine tuning, detailed ser- vice reporting, and more. HARPERLOVE www.HarperLove.com

KIWIPLAN www.kiwiplan.com

Kiwiplan - premier worldwide software provider of enter- prise-wide, fully automatic solutions specifically for the cor- rugating and packaging industries. Kiwiplan’s Total Solution delivers comprehensive, seamless real-time flow of infor- mation from sales order management to dynamic total plant scheduling and inventory control through shipping.

Quality leads result in new customers

Read the articles in Board Converting News every week to learn about the people, places and machinery that will open the doors to new or repeat business.

MAROTECH INC. www.marotech.com

Manufacturer of Marotape®, Marotape®Plus, Marotape® FPT and MaroString™; hot melt coated tapes and strings used for reinforcement and easy-open features for packaging. Ma- rotech also manufactures dispensing and tape placement equipments to optimize the productivity of applying hot melt coated tapes.

Len Prazych at 518-366-9017 lprazych@nvpublications.com

40

April 10, 2023

www.boardconvertingnews.com

Made with FlippingBook interactive PDF creator