Board Converting News, March 20, 2023

ISM: Manufacturing (CONT’D FROM PAGE 10)

Board Converting NEWS INTERNET DIRECTORY

fined as supplier deliveries, inventories, prices and im- ports — continue to accommodate future demand growth. The Supplier Deliveries Index indicated faster deliveries, and the Inventories Index expanded at a slower rate as panelists’ companies manage their total supply chain in- ventories. The Prices Index jumped back into ‘increasing’ territory after four consecutive months below 50 percent, supporting agreement between buyers and sellers to place orders in the near term. Of the six biggest manufac- turing industries, only two registered growth in February. “New order rates remain sluggish due to buyer and supplier disagreements regarding price levels and delivery lead times; the index increase suggests progress in Febru- ary. Panelists’ companies continue to attempt to maintain head-count levels through the projected slow first half of the year in preparation for a stronger performance in the second half. Eighty-two percent of manufacturing gross domestic product (GDP) is contracting, down from 86 per- cent in January. In February, fewer industries contracted strongly: The share of sector industries with a composite PMI calculation at or below 45 percent — a good barom- eter of overall manufacturing sluggishness — was 10 per- cent, an improvement of 26 percent from January. “Among the 14 industries reporting contraction in Feb- ruary are: Printing & Related Support Activities; Paper Products; and Miscellaneous Manufacturing.”

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

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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.

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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

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March 20, 2023

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