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Global economic activity remains
good -- noise about China slowing, notwithstanding -- and despite the ObamaCare debacle, non-Christmas-related consumer spending looks pretty good. Europe is still Europe and China continues to grow 7-8 percent -- even as the government seeks to clamp down on its own shadow banking system. And India remains a mess.
Recently I had a disturbing conversation with a colleague here at the office. During the conversation, it became clear to me that my co-worker -- a really
intelligent guy whom I respect a lot -- had no idea how even the most simple electric motor works.
Global economic demand remains
solid - even if you couldn't tell by recent third-quarter results and despite
all efforts by U.S. politicians of both
political parties. Let's go through what
happened and what is coming.
More than 27,000 packaging and processing professionals attended Pack Expo 2013 in Las Vegas from September
23–25. In addition to launching new products, creating brand awareness,
achieving sustainability goals and generating new business contacts, Pack Expo was an opportunity to engage the next generation of workers in packaging, robotics and processing
applications.
The challenge facing OEM procurement
organizations is that the organizations
themselves need improving before they can be proficient in a cost reduction program.