Prime Advantage, a leading group purchasing organization for midsized manufacturers, announces the findings of its ninth edition of the CFO Survey, revealing the financial projections and top concerns of industrial manufacturing companies. The results show that optimism in manufacturing among the group's members is at its highest levels since the annual survey’s inception.
The distilled spirits sector achieved accelerated growth in 2016 with supplier sales up 4.5% to $25.2 billion, volumes up 2.4% to 220 million cases and a seventh straight year of market share gains relative to beer, the Distilled Spirits Council announces.
The global smart packaging market is expected to grow at 5.4% CAGR, hitting about US$52B by 2025. Market drivers include growing market for sustainable printed electronics, the Internet of Things and cloud computing, and rising food safety concerns.
In the run up to the 2017 World Economic Forum in Davos, Switzerland, NatureWorks became a three-year partner of the Ellen MacArthur Foundation’s initiative – a comprehensive strategy for creating a global plastics system based on circular economy principles. NatureWorks has worked with the foundation on the initiative since 2015.