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Plante Moran's annual benchmarking study of the plastics industry provides plastics manufacturers with critical insights on financial and operational performance.

Plastics

Unparalleled industry knowledge means better solutions for our plastics clients

The plastics industry team at Plante Moran is noted for amassing, analyzing, and assimilating data on a range of factors affecting profitability from strategy planning to financial performance. For more than a decade, the team has conducted its hallmark North American Plastics Industry Survey, regarded as the most comprehensive and in-depth benchmarking study in the industry. 

You will appreciate our knowledge of the plastics industry

However, our team’s deep knowledge of the plastics industry and its end markets is not just based on numbers and statistics. You will appreciate the benefits of our hands-on experience working with 2,000 manufacturers, more than 200 of whom specialize in the plastics industry.

Our clients’ plastics and packaging processes include molding, extrusion, calendaring, color and additives, corrugation, raw materials/compounding, thermoforming, structural foam, and tool production. They sell around the world to sectors including automotive and transportation, building products and supplies, food and beverage, industrial and manufacturing, lawn and garden/horticultural, commercial packaging, medical, and pharmaceutical. 

Develop tactics for greater profitability

Plastics manufacturers benefit directly from Plante Moran’s broad-based experience. But we know each situation is unique and we always take the time to listen to your concerns and assess your unique situation - your products, your processes, and your market. You can depend on us to help you understand how you compare to your competitors and to develop strategies based on your place in the market.

We can help you move toward greater profitability by improving operations and developing strategies to deal with rising materials costs. We can also help you and balance receivables and inventory with net equipment costs.

We can help you follow the best practices of successful plastics manufacturers that have favorable margins year after year because they manage overhead and exploit technical niches.

You can depend on our multidisciplinary team to help identify tax incentives and deductions as well as opportunities for operations improvement. We can also offer strategic consulting, market and competitor intelligence, investment banking, due diligence, and advisory services. 

Plante Moran is a member of the following plastics associations:

MAPP  Ohio Polymer  SPI Member 

 

“We are a fairly data-driven metrics-oriented organization and have historically compared our 6 operations against each other internally. Participation in the North American Plastics Industry Survey (NAPIS) has taken benchmarking to the next level giving us a broad, valid comparative universe. Operationally we use the NAPIS data for enhancing the output and efficiency of our assets and goal setting. Commercially we reference the information to test the validity of “target pricing” that is frequently presented to our sales assets. Finally, and perhaps most importantly, NAPIS data has become part of our acquisition toolbox during the initial assessment and operational due diligence phases of the process. Candidly our entire management looks forward to the NAPIS survey.”
 
Al Ridilla, President
Enterprise Molded Products Business, Parkway Products Inc.