Discover your next big idea in food packaging & processing this Sept.
Experience a breakthrough in food packaging & processing—explore solutions from 2,300 suppliers spanning all industries at PACK EXPO Las Vegas.

Packaging pros project concerns over economic uncertainty

The impact of the 2009 economy evoked strong emotions among salary survey respondents who expressed everything from despair over lost jobs to enthusiasm about new opportunities.

Given a chance to freely express their opinions on the impact of the economy on their business in 2009, packaging professionals spoke their minds. What follows are some of the most thoughtful responses, some of which were edited for clarity.

• “In 2008 my responsibilities were more than doubled with minimal pay increase, a promised promotion, and a pay increase that I should have seen in 2009 that did not occur. I did get a merit increase. No merit increases are being given in 2010 and 401(k) matching is discontinued. I am expected to get the same or more work done with fewer people and am expected to be happy I have a job. I am disappointed in my attitude and feel the best thing I could do would be to find another position where I could start over with positive energy.”

• “It really hasn’t impacted us that much. In fact, it allowed us to add on to our warehouse at a lower price due to interest rates and abundance of construction firms competing for limited work. It also allowed us to purchase our products at better pricing due to increased competition from suppliers. Of course we [have] also seen an increased push from our competitors, so that’s kind of a nonissue. I think we’ve been fairly isolated from the recession here in the Midwest due to the more conservative nature of the banks and their lending practices, so it’s been somewhat business as usual.”

Liquid Foods Innovations Report
Welcome to the inaugural Packaging World/ProFood World Innovations Report on liquid food packaging, drawn from nearly 300 PACK EXPO International booth visits (Chicago, Nov. 3–6, 2024). Our editors highlight the most groundbreaking equipment and materials—supported by video demos—that promise to transform how liquid foods are processed, packaged, and delivered.
Learn More
Liquid Foods Innovations Report
Proteins Innovations Report
Discover cutting-edge protein packaging innovations from PACK EXPO International 2024! Our editorial team spotlights hygienic equipment and materials designed for the demanding protein sector. From IP66-rated washdown systems and all-servo chub packaging to advanced auto-bagging technology and compostable trays replacing EPS, this report reveals how manufacturers are addressing clean, safe design while improving efficiency.
Take Me There
Proteins Innovations Report