Trade & Industry Development Magazine

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November/December 2008
November/December 2008

Metals, Plastics, & Logistics

In our Feature article on metals, William Hearn discusses how the metals industry is a broad manufacturing industry; he also cites other niche metals opportunity markets. If you're in the plastics industry, you'll definitely want to read our Feature article written by Michael P. Hickey. In his article, Mike discusses key drivers and factors for success in location strategies for the plastics industry. Then Kevin Mayer's Special Report, "The Vital Many," explains the basic structure of the polymer industry - one sector produces resins or raw plastics, the other sector processes raw plastics into finished products. If you're more into logistics, our Feature article by Leslie Rubin and Sarah Rubin is a must read. These two ladies teamed up to explain how you can impact your bottom line with economic incentives. This issue also boasts three Industry Outlooks: the Association for Manufacturing Technology (AMT), the Society of the Plastics Industry (SPI), and the International Warehouse Logistics Association (IWLA).

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In this issue...

The polymer industry, commonly thought to be the same as the plastics industry, significantly deviates from the Pareto principle. This principle holds that 80 percent of the effects come from 20 percent of the causes. Although the Pareto principle should be invoked with due caution, many people in business find it a useful rule of thumb. It emerges in a variety of contexts. more...

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