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F
President Rance E. Crain
jection molding and au- Merrilee P. Crain (1942-2012)
tomation. You have the
big machinery players, Fakuma on-site staff
the KraussMaffeis, Ar- Plastics News publisher Brennan Lafferty
Plastics News editor Don Loepp
burgs and Engels. But Fakuma Plastics News senior reporter Bill Bregar
is really a great opportunity to Plastics News senior reporter Frank Esposito
meet the smaller automation Asia bureau chief Steve Toloken
companies, European firms that
European Plastics News editor David Eldridge
have tremendous expertise —
European Plastics News contributing editor
the ones that get lost in the gi- James Snodgrass
gantic K show.
There are companies like Max PRW features editor Keren Sall
stylish entrepreneur.
PLASTICS NEWS DIGITAL & MARKETING
You see Max Petek units on 313-446-5869
presses at machinery exhibits Senior director of integrated marketing
and digital strategy Pam Gillies
during trade shows all the time.
Brand strategy manager Kim Winkler
But the company that makes Digital marketing manager Sarah Plante
them does not exhibit at the K Marketing coordinator Nadine Purdy
show. Too big, Max says! Integrated marketing intern Brooke Cancilliari
But I’m not going to talk Audience development manager Julie Brown
about technology in this Faku- Debates about a minimum euros, or $25). I was ready to Tell customers you can’t give Senior audience development specialist
Elise Coyle
ma Show Daily column. You are wage are about politics as much move to Zurich to work at Mc- them any discount. That would Reprint account executive Alicia Samuel
seeing plenty of that yourself at as economics. Chancellor An- Donalds! But Swiss voters over- be deflationary.
Messe Friedrichshafen. Instead, gela Merkel’s Christian Democ- whelmingly rejected what ● Finally, the Wall Street Jour- PLASTICS NEWS RESEARCH
313-446-5869
let’s look at some German and rat approved the new policy in would have been the world’s nal had this headline recently: Research director Kelley Trost
eurozone economic news. a power-sharing agreement highest minimum wage. “Europe auto recovery looks Research analyst David Hutton
Am I an economist? No, with the Social Democ- So I continue to write about shaky.”
PLASTICS NEWS EVENTS
I cover plastics machin- ratic Party. A year ago, plastics machinery … In a report from the Paris auto 313-446-5869
ery! But Germany is an Merkel campaigned ● The European Central Bank show, the newspaper reported Events director Nicole LaPointe
important economy that against a nationwide is taking a pause from addition- that European car sales are ex- Conference director Joseph Pryweller
is the engine of Europe. minimum wage, claim- al stimulus measures, even pected to rise modestly this year-
And Germany is much ing that it could hurt though the eurozone recovery after six years of declines. Unfor- PLASTICS NEWS ADVERTISING
330-608-0231
more than an economic German competitive- has weakened. Inflation hit a tunately, the recovery is now
Display ads: dhershfield@crain.com
powerhouse. Germany, ness. But in Germany’s five-year low of just 0.3 percent looking weaker than hoped. One Classified: erich@crain.com
perhaps reluctantly, has coalition-style govern- in September. That’s danger- reason: the crisis in Russia and Regional managers
become kind of like ment, the Christian De- ously close to deflation — when Ukraine has weakened consumer Linda Hickey (New England, Northeast)
America in world events mocrats agreed to the prices for goods and services confidence in Western Europe. 330-576-6536 cell 330-592-4857
lhickey@crain.com
— too big and successful minimum wage in a deal go down. Nicht so gut. And obviously, Russian car sales Gary Judy (Southeast, mid-Atlantic)
Bregar
not to take a leadership with the SDP, as one of ECB president Mario Draghi have plunged. 410-819-0511 gjudy@crain.com
position in politics, economics the party’s conditions to help- has pointed out actions the Throw in higher costs to Ed Rich (Ohio, Eastern Canada) 330-869-0375
erich@crain.com
and the tensions of Russia and ing Merkel stay in power for an- bank has taken in the second build electric vehicles, to great- John Hickey (Western) 260-437-8502
the Middle East — even if it costs other term. half of 2014, such as lowering ly lower carbon dioxide emis- jhickey@crain.com
Germany jobs, as in the sanctions Before, German unions and interest rates on bank deposits sions under government man- Benelux, France & Scandinavia
Arthur Schavemaker/Kenter & Co.
against Russia. business groups set different with the central bank and start- dates, and the key automotive tel. 31-547-275005, arthur@kenter.nl
There are lots of things going minimum wages for each sector ing programs for lending and market faces headwinds in Eu- Greater China Lago Poah Yang
on: of the economy. private-asset purchases. rope. tel. 86-21-6027-6715,
● German lawmakers ap- In the United States, of ECB officials will wait to see if On the positive side, the Jour- lagopoah.yang@bridgemedia.com
Germany, Austria, Switzerland
proved the country’s first mini- course, we have the opposite of those stimulus moves help lift nal reports that global sales will & Eastern Europe
mum wage in July. The wage is a coalition government — both the eurozone economy. And the keep growing, offsetting uneven Randy Krings/ EuroMedia Connect Ltd.
growth in Europe. tel. 49-611-5324-416, pn@emcmedia.de
set at 8.50 euros per hour, and sides hate each other and ECB is scheduled this month to
India representative Bhupal Potdar
it begins Jan. 1. refuse to work together. So begin buying bonds and asset- Still, you can’t help wonder- tel. 91-98211-51035, bhupalpotdar@gmail.com
For perspective, 8.50 euros America’s minimum wage has based securities, or bundled ing: Will the autobahn-loving, Italy representative Fabio Potesta
equals $10.75, much higher not increased since 2009. bank loans. performance-car driving Ger- tel. 39-10-5704948, info@mediapointsrl.it
Japan representative Yutaka Mogi/Tandem Inc.
than the U.S. federal minimum It could be worse — in ECB’s inflation goal is just un- mans buy electric cars? tel. 81-3-3541-4166, y.mogi@tandem-inc.com
wage of $7.25, and slightly Switzerland, they proposed a der 2 percent. So buy some ma- Classified sales manager Ed Rich
above the United Kingdom rate whopping minimum wage of 22 chinery at Fakuma and help Bregar is a Plastics News se- 330-869-0375 erich@crain.com
of 6.50 pounds. Swiss francs an hour (around 18 turn things around! Exhibitors: nior reporter. Classified sales representative Stacy Benoit
313-446-0446, sbenoit@crain.com
Advertising sales coordinator
Debbie Hershfield
Plastics News photo by Caroline Seidel
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WELCOME TO
ma are to meet with existing cus-
tomers and catch new customers.
But it isn’t exhibiting any molds.
Mafille explains that this is be-
cause of the nature of Fakuma.
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Plastics found in
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Sumitomo Demag
EVENT PARTNERS:
SHOWCASE YOUR BRAND! To sponsor the Plastics In Automotive Conference 2015, contact Brennan Lafferty at blafferty@crain.com
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