A movable feast: food products' growth gobbles global boundaries

Article Abstract:

The global food industry, although not as high-tech as pharmaceuticals, microchips and medical equipment, boasts a steady, sustained growth. However, the industry still invests time and money on R&D efforts and in keeping track of changes brought about by the worldwide growth in population and income. Due to its steady growth and large, competitive markets, the food industry always sets its sights toward a global direction. In order to be successful in the global market, companies must cope with transportation costs, quality control and maintenance of good distribution networks.

Food & Kindred Products, Food Manufacturing, FOOD AND KINDRED PRODUCTS, Food industry, International aspects

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The'plastics age' expands its portfolio; worldwide expansion belies industry shakeout

Article Abstract:

Plastics manufacturers are embarking on massive expansion projects as the demand for plastic products continue to rise by an average of 4.8% annually. These companies, which include Dow Chemical, Bayer AG and Borealis, are building new facilities and forming mergers or joint ventures to consolidate capital and boost productivity. However, there are several issues which may pose serious problems to the industry in the future. These include environmental and labor union issues.

Economic aspects

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Industry review: plastics defies sun belt location strategy to stay a long-term winner

Article Abstract:

The plastics industry continues to be one of the strongest performers in the US economy, growing by an annual average of 4.8% since the late 1960s. The location of raw materials is not a very big factor in the industry's location patterns and it is not among industries which have relocated to high-growth states.

Industry Overview, Management

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