Ink companies are looking for greater productivity, more automation and improved diagnostics from their mills.
David Savastano, Ink World Editor09.09.05
As the U.S. economy slumped in 2001, the ink industry suffered through a difficult year. As is the case whenever there is a prolonged economic downturn, companies look for ways to reduce costs.
As companies look to cut their budgets, new capital expenditures often are among the first items that are analyzed closely to see how necessary the improvements are, and whether purchases can be delayed.
Essentially, that was the situation milling manufacturers faced in 2001, as their customers in ink and other industries looked long and hard at funding capital improvements. While mill manufacturers say that the early returns from 2002 look promising, only time will tell if the economy is headed toward recovery. Meanwhile, mill manufacturers are continuing to develop new systems that increase productivity and ease of use.
Economic Impact on Capital Equipment
Most mill manufacturers believe that the U.S. economy’s weakness impacted equipment purchases.
“There has been
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