End of Line (EoL) machinery accounts for nearly 47% of the U.S. packaging machinery market with steady growth forecast through 2026, according to the newly released 2021 End-of-Line Equipment Purchasing Trends and Design Insights white paper produced by PMMI Business Intelligence, a division of PMMI, The Association for Packaging and Processing Technologies. Trends such as sustainability, supply chain visibility, SKU expansion and labor shortages all contribute to the increased demand for EoL equipment. Driven by consumer demands for more eco-friendly products and manufacturers’ goals to cut costs by reducing material and energy usage, sustainability has become one of the most consequential trends—up and down the production line—in the packaging industry. This is true for EoL equipment as well, where specific sustainability trends such as lightweighting, the use of recycled materials and the general reduction in machine energy usage are driving innovations in EoL machinery.
AMI Awarded $2M Grant from Florida Department of Commerce to Deploy Smart Manufacturing Lab
TALLAHASSEE, FL – Advanced Manufacturing International (AMI) has been awarded a $2M grant