MorePlant capital projects of all types have been on hold for almost a year, and packaging equipment outlays are no exception. Packaging spending is projected to increase 0.5 percent at food plants this year and remain flat for beverage products, according to the Packaging Machinery Manufacturers Institute’s annual Customer Purchasing Plans study.
Together, food and beverage processors are expected to spend $2.9 billion this year, up slightly from 2001 when overall spending decreased. PMMI’S Charles Yuska holds out hope for a rally, “once [industrial goods companies] determine the economy is in fact recovering and consumers will continue to support their products.”
The PMMI survey of 409 equipment-purchaser decision-makers was conducted in January and February.
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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