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The food and beverage industry's $2.9 billion in new equipment purchases was a record and reversed declines in 2000 and 2001. Processors accounted for 60.2 percent of all machinery purchases.
When imported machinery is included, the overall U.S. domestic market for packaging equipment was $5.4 billion last year. The figure excludes used equipment sales, believed to be "a robust market," according to PMMI (Packaging Machinery Manufacturers Institute), sponsor of the 9th Annual Shipments and Outlook Study. The study projects a 1.8 percent increase in machinery orders this year and 5 percent in 2004, when shipments should top $5 billion for the first time since 2000. Sales plunged 4.1 percent in 2001 and were flat last year.
Thank-you notes should be forthcoming to beverage companies, which boosted their new-equipment purchases above $1 billion for the first time, a $183 million increase over 2001. "The beverage products market was especially active," the report notes, "as reflected in the growth of bottling-line, capping and liquid-filling machinery." New-age drinks, refrigerated and frozen meals, dietary supplements and other booming segments produced orders for advanced technology machines.
The Food Defense Strategy Exchange (FDSE) is a forum for food defense professionals to interact and share their knowledge and experiences. At the most recent FDSE, a poll of attendees revealed that approximately two-thirds were either re-evaluating their existing food defense plan, or implementing new food defense plans. In this podcast, Don Hsieh, Director of Commercial and Industrial Marketing at Tyco Integrated Security, discusses this topic and other findings from the exchange, and offers some best practices to proactively protect a company’s brand from food adulteration.
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