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NPE2018 Show Daily - Wednesday

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WEDNESDAY NPE 2018 : THE PLASTICS SHOW SHOW DAILY Construcঞon to Grow in 2018, 2019 By Jim Callari Plascs Technology The building and construcঞon market is con- sidered by many as the bellwether for the economy as a whole, and certainly for plas- ঞcs the material is omnipresent in house wrap, siding, window profiles, pipe, applianc- es, fencing, landscaping film, and more. What's more, when people invest in a new home or remodel an exisঞng one, it suggests an underlying confidence in their own future and o[en results in an upঞck in increased purchases of electronics and other consumer products, all of which heavily rely on plasঞcs. The good news for all those in aŽendance at NPE2018 is that all signs point to conঞn- ued growth in housing in 2018. This accord- ing to Michael Guckes, chief economist for Cincinnaঞ-based Gardner Intelligence, a divi- sion of Gardner Business Media, publishers of Plascs Technology, MoldMaking Technology and Addive Manufacturing. "At nine years old, the current economic expansion in America has lasted longer than most other economic expansions and proba- bly longer than most economists have ex- pected," Guckes says. "Knowing that the economy is due for a pull-back may be rea- son to hedge against taking on new risks and in some end-markets this may be prudent. But of all markets, data from the housing market indicates that there is very liŽle chance of a slowdown even in the event of a short-lived recession," he adds. U.S. demographic and housing data through January 2018 reveals the building and construcঞon industry has "solid gains" for seven straight years, states Guckes. He Perc Pineda, Chief Economist for the Plasঞcs Industry Associaঞon The number of young adult (25 – 34 years old) households has grown 20% in the current economic cycle while housing starts are sঞll signigicantly below their long-term creaঞon level. This combinaঞon of events combined with strong home affordability will act as a basis for conঞnued housing market expansion in 2018 and beyond. 1988 1993 1998 2003 2008 2013 2018 0K 10K 20K 30K 40K 50K 60K Sum of Number of households: All Races - Age of householder - 25 to 34 years, (Ths.) 0 200 400 600 800 1000 1200 1400 1600 1800 Sum of Housing starts: Single-family privately owned, (Ths. #, SAAR) Measure Names # Households: All Races - Age of householder - 25 to 34 years, (Ths.) Sum of Housing starts: Single-family privately owned, (Ths. #, SAAR) adds, "The fundamentals supporঞng this growth give Gardner Intelligence confidence that this market remains substanঞally under- served." Added Perc Pineda, PhD, chief economist for Plasঞcs Industry Associaঞon (PLASTICS): "The home ownership rate is sঞll below pre- vious highs, signaling ample room for growth. As such, the plasঞcs industry is expected to remain stable in business acঞvity as the housing market conঞnues to recover. While monthly volaঞlity and regional variaঞons in new and exisঞng home sales will conঞnue, on aggregate the underlying trend in housing demand is posiঞve. Total home sales this year and the next are projected to increase 2.5% and 2.6%, respecঞvely. Housing starts or new residenঞal construcঞon projects started, which is an indicator of demand for plasঞcs in home construcঞon is projected to increase in the 7% to 8.5% this year. Between the great recession and 2016, demographic data indicated a decline in homeownership rates among those between the ages of 25 and 34, Guckes notes. At the same ঞme, the number of households created in this same age range has increased every year since mid-2010 and is now 20% higher than at the peak of the 2007 housing boom. Guckes explains, "This combinaঞon of lower ownership rates and high household forma- ঞon has created a foundaঞon for addiঞonal housing that will be especially sharp in-light of rising wages and low unemployment." Housing starts have progressively im- proved every year since 2009; however, even the latest annualized housing construcঞon rate at 900,000 homes is more than 20% be- low the average home starts rate between 1985 and 2001. "Low housing start levels in recent years also come at a ঞme when hous- ing affordability is beŽer now than at any ঞme prior to 2008," Guckes says. "Housing afford- ability, which hit a mulঞ-decade high in 2012, has fallen since, yet is sঞll significantly beŽer than at any ঞme between 1985 and 2007. Looking forward, should the Federal Reserve raise interest rates, as is expected to happen several ঞmes in 2018, this will increase mort- gage rates, increasing the cost of homeowner- ship, hurঞng the housing affordability index." BoŽom line, according to Guckes, "Despite the increased chances of a slowing economy at some point in the future, strong demo- graphic trends and good home affordability will produce substanঞal tail-winds in the housing markets. Suppliers and processors fabricators looking to diversify and grow should keep watch for opportuniঞes for their companies to grow in this market." Mold Components, conঞnued from page 88 remove trapped air from the mold cavity. The Double Acঞon Vacuumjet (VB) and the Smart Vacuumjet (SV) are based on the Venturi principle, so that only 6 bar (90 psi) of compressed air are needed to pull out gases at rates up to 60 liters/min. CUMSA (Booth W4289) adds porous inserts and/or laminar vents in criঞcal areas of the mold, including at end of fill, to remove gases during injecঞon and create less resistance to melt flow. The Smart Vacuumjet (SV) senses and dis- plays the level of vacuum achieved in the cavity. If the desired vacuum cannot be achieved a[er 5 sec, the SV will close the valve and start injecঞon, indicaঞng the maxi- mum achieved vacuum with red numbers (instead of green) in the display. If, however, a[er that ঞme vacuum does not reach the minimum threshold, the unit will not send the signal to start injecঞon to avoid producঞon of low-quality parts. The patent-pending Linked-Valve system of linkages from Plasঞxs allows a single lever to simultaneously operate mold-cooling sup- ply and return lines. The product is currently available for use on both 1- and 1.5-in. Smarlow aluminum and stainless-steel manifolds. DMS's (Booth W4783) NPE2018 display includes the Almo worm-gear device that enables inserts to be ঞghtened and released inside the mold cavity without dismantling the mold. DMS is also showing Bolex P ball-guided ejector bushings. Here, the balls do not run aligned but at a slight angle, en- larging the contact area and enabling greater load capacity. Also, the company's BZ hy- draulic locking cylinders are said to with- stand heavy loads in a compact package for molds with side acঞons, slides or core pulls. ALBA Enterprises (Booth W4263) is fea- turing its line of ejector couplers that auto- maঞcally connect and disconnect on every cycle. This eliminates the need for special- ized rods for each mold, while guaranteeing full return of the ejector plate. During a mold change, processors need only to move the machine knockout to the full back posiঞon. At that point, they are free from the mold and clear for removal of the tool. SelfLube (Booth W3888) is showcasing its trunnion li[er slides, which come in inch and metric sizes and are available with or without self-lubricaঞng graphite. Uddeholm (Booth S31061) is showcasing Uddeholm Mirrax ESR. The premium-grade stainless steel is especially suited for molding applicaঞons, according to the company. Mir- rax ESR is described as a high-polish stainless tool steel with a combinaঞon of toughness, corrosion resistance, and uniform hardness across large cross secঞons.The company is also launching Corrax AM powder, a specially designed metal powder for addiঞve manu- facturing in plasঞcs tooling applicaঞons. Bales Metal Surface Soluঞons (Booth W118) has a number of coaঞngs and finishes to protect metals from wear, abrasion and corrosion. Its Diamond E.N. product report- edly provides the uniform corrosion resis- tance of electroless nickel with the added toughness of diamond parঞcles for a hard- ness of 57 Rockwell C. Progressive Components (Booths S33004 and W4871) is introducing a monitoring and transmission plaorm that it says will ad- vance the way the plasঞcs industry monitors and maintains its tools. Progressive is pairing its tool-mounted CVe Monitor electronic mold-monitoring device to its CVe Live wire- less device that relays data to the cloud- based CVe Live website. New CVe Live features include a Press Management Module that allows for schedul- ing, tracking, monitoring, and filing of all pre- venঞve-maintenance acঞons. An expanded electronic filing cabinet with the ability to add non-CVe assets to the database and store related documents has been added. 94 B U L K M AT E R I A L H A N D L I N G S Y S T E M S E N S I G N E Q.C O M l 61 6. 7 3 8 .9 0 0 0 l SA L E S @ E N S I G N E Q.C O M Booth W8780

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