FOR IMMEDIATE RELEASE
August 15, 2019
MAPP RELEASES 2019 MACHINE RATE REPORT
Indianapolis, IN - The Manufacturers Association of Plastics Processors’ (MAPP) recently released the 2019 Machine Rate Report, which benchmarks machine rates within US plastics processing facilities.
The 2019 Machine Rate Report for injection molders includes inputs from over 250 plastics industry executives in regard to their machine rates. This year's report includes updated and new data, including:
The 2019 Machine Rate Report emphasizes and underscores the importance of manufacturers regularly reviewing their machine rates, associated labor rates, and markup and adjustment opportunities. With a myriad of factors at play, and to stay both competitive and profitable, plastics companies need to benchmark and understand what exactly is impacting their machine rates, and this year’s report helps leaders do just that.
As the industry leader in providing meaningful and relevant industry data, MAPP continues to publish benchmarking reports for industry executives. All benchmarking opportunities are driven by MAPP member organizations and new benchmarking studies are added throughout the year.
For more information or to purchase this report, click here.
Established in 1996, the Manufacturers Association for Plastic Processors is managed by plastics business leaders and has over 450 member companies nationwide. The association works to provide manufacturers with bottom-line impacting programs, networking and additional beneficial services.