In data revealed at a press conference last month during interpack 99, 71% of machinery buyers contacted either will spend the same amount or more this year compared to last year.
The beverages and pharmaceutical/medical categories are expected to increase spending the most on packaging machinery, PMMI reports, with increases of 12% or more. The primary market drivers for purchasing equipment in '99 include continuing expansions and replacement of older machinery. Robotics and vision systems are the key technology drivers.
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Videos from Key Technology, Inc., a Duravant company
