CCTI Heads to the Low Country for the

2024 Annual Meeting

Join us for the upcoming CCTI Annual Meeting in Myrtle Beach, South Carolina. Hosted at the Marriott Grand Dunes, we will bring together our Industry Members and Suppliers for three days of networking and learning.

Wednesday will start with arrivals and time to enjoy the resort's amenities and southern hospitality. We will kick off the evening with the CCTI President's Welcome Reception and attendees can enjoy dinner or a nightcap on their own with their colleagues.

On Thursday, there will be the CCTI Annual Membership Breakfast, where attendees will receive the Annual Association update by CCTI Executive Director, Andrea Ball and selected sponsors and supplier will make presentations. This will be followed by a general session where we'll discuss solutions to workforce development and the business impacts of the upcoming US elections. Later in the day, you can enjoy resort activities or the CCTI golf tournament at the Grand Dunes Marriott Resort & Spa, followed by the Industry Reception and Dinner featuring the Best of the Low Country.

The CCTI Annual Meeting offers a great opportunity to network and learn with your colleagues and their guests. Remember to register now to get the best rates on your hotel room and we look forward to seeing you "Down South" in April! I

f you have any questions, would like to discuss sponsorship opportunities or need additional registration assistance, call us or email the CCTI office at info@cantube.org. All the needed links to sign up can be found below!

SCHEDULE OF EVENTS

HOTEL RESERVATIONS

MEETING REGISTRATION

SPONSORSHIP INFORMATION

Located in Richmond, IN, Progress Paper Tubes was founded from a rich history in the packaging and paper converting industry. With easy access to I-70, Dayton, Indianapolis, Cincinnati, and Fort Wayne we are centrally located for easy shipping. Our 42,000 square feet building holds state of the art core and tube winding equipment. Please welcome Brian Davis to CCTI! Brian can be reached at (765) 962-8680 and sales@progresspapertubes.com.

Insights on Compostable Packaging - Packaging Dive

How Manufacturing Can Use AI - Manufacturing Dive

Department of Labor Reclassification of Workers - ABC News

Global Manufacturing Update CCTI is a member of the National Association of Manufacturing Council of Associations, and this update is courtesy of NAM. (1/21/24)

• The World Bank estimates that global real GDP would rise 2.6% and 2.4% in 2023 and 2024, respectively. Its forecast for 2023 growth declined from the prediction in June 2023 of 3.1% growth. Tight monetary policy conditions and geopolitical risks would weigh on worldwide growth prospects, it argued. For the U.S., the World Bank saw 2.5% and 1.6% growth in 2023 and 2024, respectively. 

• The global economy remained challenging, even as signs of possible stabilization emerged in recent months. If economic progress in previous months has been an example of taking two steps forward, then the January data would also represent taking one step back. Indeed, seven of the top 10 markets for manufactured goods exports had lower PMI readings in January than in December.

• The J.P. Morgan Global Manufacturing PMI™ edged down from 49.3 in November to 49.0 in December, contracting for the 16th straight month. New orders, output, exports and hiring each declined at a somewhat faster rate in December. With that said, the outlook for future output strengthened, with respondents slightly more upbeat about production growth over the next six months.

• Two of the top 10 markets for U.S.-manufactured goods (China and Mexico) experienced expanding growth in December, the same pace as in November. Manufacturing activity in Canada contracted in December for the eighth straight month, falling to a post-pandemic low, with underlying data mostly lower. Yet, Canadian survey respondents expressed more upbeat expectations about production growth over the next six months. 

• Chinese real GDP grew 5.2% year-over-year in the fourth quarter, up from 4.9% in the third quarter. In December, industrial production rose 6.8% year-over-year, edging up from 6.6% in November and the best pace since February 2022. Despite improved data, the Chinese economy remained challenged on many fronts, especially relative to pre-pandemic levels. 

• Eurozone industrial production decreased 0.3% in November, falling for the fourth time in the past five months. Over the past 12 months, Eurozone industrial production plummeted 6.8%. With that said, the unemployment rate edged down to a five-month low, and inflationary pressures continued to moderate. 

• Meanwhile, the U.S. trade deficit declined from $64.48 billion in October to $63.21 billion in November, with total trade volumes lower. With that said, the service-sector trade surplus rose to a record $26.19 billion.

The CanTube.org website offers a great resource for the tube, core and composite can industry.   Banner and Classified advertising is available. Monthly ads are $50 or an annual commitment is $500 for 12 months. For more information call the office or email us info@cantube.org

The CanTube Bulletin (CTB) offers an excellent marketing opportunity for companies in the tube, core and composite industries. Monthly ads are $50 or an annual commitment is $500 for the full year! All CanTube Bulletins are also posted on  www.CanTube.org and archived. Best of all, CCTI advertising is a tax deductible expense for your company!