Shale Boom Spurs Cheaper Costs, Reshoring Opportunities for Plastics Manufacturers
There’s no better time to invest in plastics manufacturing, according to recent reports in FuelFix and Natural Gas Intelligence due to a shale boom.
The shale boom and access to abundant natural gas are spurring cheaper prices and reshoring opportunities for plastics manufacturers.
“America is one of the most attractive places in the world to invest in plastics manufacturing.”
American Chemistry Council
In addition to cheaper costs, plastics industry investments are expected to generate nearly 130,000 new jobs in the United States.
Several industries are already benefiting from plastic injection molding technology. Their lightweight and greater design flexibility offers a cheaper — and equally strong — alternative to metal.
Below is a short, helpful video compiled by K&B Molded Plastics. It features plastic injection molding technology, industries using the technology today, and metal to plastic case studies.
Click on the video below to learn more.
Contact K&B Molded Products today if you have any questions about plastic injection molding. Our engineers would be happy to answer your questions.