Manufacturing Industry
Compounders search for answers.(economic recovery not likely in near future)
Plastics News, September, 2003 by Esposito, Frank
Byline: Frank Esposito In 2003, North American compounders are more concerned with what they don't know, rather than with what they know. They know business is down across the board. And they know some of their customer base has moved business to Asia, with little hope of returning. But they're less certain of when their market is going to return to health - and what it will look like when that comeback arrives.
"A lot of our customers are very unsure about the future,'' said Paul Cusolito, executive vice president of polypropylene compounder Washington Penn Plastic Co. in Washington, Pa. "They don't see a lot of strong signals that would indicate improvement in the economy.'' "All the leading economic indicators - like consumer confidence and...
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