ISSUE #0818
2018
Summer 
1750 K Street, NW
Suite 700
Washington, DC 20006
CCTI EVENTS
2018 CCTI Fall Meeting will be held in Chicago, IL in October, please register by clicking here!

IN THIS ISSUE
  • CCTI NEWS
  • MEMBER NEWS
  • INDUSTRY NEWS
  • INTERNATIONAL 
  • LEGISLATIVE
  • ECONOMIC
  • SAFETY & HR
  • CLASSIFIED ADS
MEMBERSHIP  INFO
Your annual membership provides you with an array of opportunities that you should take advantage of:
  • Discounts on regional lunch programs
  • Access to the CCTI resource library, the IdeaBank
  • Discounts on job postings in our Career Corner
  • Access to the Online Member Directory
  • Participation in our members-only LinkedIn Group

Or call:  703.740.8737 

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Join Us for the CCTI Fall & Technical  Meeting 
in Chicago, IL on October 14-16, 2018

The Composite Can and Tube Institute (CCTI) is pleased to announce dates for the 2018 Fall & Technical Meeting, which will be held October 14-16, 2018 at the Union League Club of Chicago (ULCC).  

The CCTI Fall & Technical meeting will offer attendees networking opportunities, educational sessions, and the opportunity to participate in the CCTI Trade Show Booth during Pack Expo, as a PMMI Partner.   

Technical Committee members are invited to attend the 2018 Technical Meeting to review the CCTI Technical Documents.  If you are interested in participating in the CCTI Technical Committee, please contact the office.  All CCTI members and technical staff are welcome to participate.

Speaker presentations will include updates from the recycling industry and insights on how new government regulations will impact manufacturing companies such as tariffs and tax code changes.

CCTI's partnership with PMMI, also includes complimentary Pack Expo registration for our members and the opportunity to  display your company collateral in the  CCTI booth (N-4536),  located in the Association Partner Pavilion.   Contact the office if you plan to bring or send collateral for exhibition so we can reserve your space accordingly.

We also invite you to help us staff the booth and take advantage of this  valuable opportunity to meet with potential customers, e xplore new trends and the latest products, as well as, visit with vendors for new business opportunities, innovations and more.

Additionally, CCTI Associate Members are invited to speak to the membership about their products during the CCTI Membership Breakfast.  If you'd like to participate in this special speaking opportunity, contact Andrea Ball at andrea@cantube.org or call the office at 703-823-7234, as space is limited to three associate member presentations at this event.
 
Finally, don't forget to reserve your hotel room by September 15th!  Call  (312) 427-7800 and take advantage of our special $199 room rate. You must  reference the CCTI meeting to receive this rate. A limited number of rooms are available after the CCTI Fall Meeting, for those spending additional days in Chicago for Pack Expo.   This special rate will not be available after the cut off date of Sept 15th.   Please note the dress code at the Union League Club.


MEMBER NEWS
Yazoo Mills Opens Second Manufacturing Facility

Yazoo Mills, an industry leader in production of 100% recycled paper tubes and cores, is pleased to announce the comple tion of their second manufacturing facility located in Hanover, PA. The 90,000-square-foot facility houses the newest manufacturing technology and provides increased winding capacity to position Yazoo as the industry leader for consistent quality, excellent service, and fast turn-around times.   

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Tell The
World?

Are you a CCTI member?  Share your company news with the industry in our newsletter and on our website as a member benefit. We want to tell your story!
  
Email it to info@CanTube.org for inclusion!
MEMBER NEWS
CCTI Board Member Slate Voting
Based on the CCTI Bylaws changes that were ratified at the CCTI 2018 Annual Meeting, don't forget to vote to ratify the CCTI Board of Director's slate for 2018/2019.

Login into the CCTI Members Only Section here by September 1, 2018 to cast your vote.  Contact us if you need your log in credentials by emailing info@cantube.org
  • Lloyd Anderson, Crown Fibre Tube
  • Mark Ellis, Corenso
  • Dave Hooe, Precision Products Group
  • Jason Erdie, Erdie Paper Tube
  • Mike Mundia, Tube-Tainer, Inc.
  • Marshall Hutcheson, Miami Valley Paper Tube Co.
  • Stuart Seltman, Crescent Paper Tube
  • Greg Metcalfe, Great Plains Packaging
  • Mark Mackimm, Rainbow Rubber and Plastics (associate)
  • Kevin Hayward, Ox Industries (Past President)
To nominate future board members for consideration, please email Andrea@cantube.orgYou must be a paid member to vote, be nominated or serve on the board of directors.
INDUSTRY NEWS
25% Tariff for US Recovered Paper in China
 

US recovere d paper (RCP) imports in China now face a po tential 25% tariff effective Aug. 23, if the government in China approves $60 billion in duties on 5,200 US products. The tariffs would be levied if President Trump moves ahead with $200 billion in US duties on Chinese products. 

ECONOMIC NEWS
Manufacturers See Better Economic Indicators

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After a busy few weeks of data, there was a bit of a breather on new economic indicators out last week. Of the reports that were released, one of the standouts was non-farm  job openings, which exceeded 6 million for the first time ever. This was yet another sign that the labor market has improved significantly in recent months. 

Not surprisingly, with the U.S. economy approaching "full employment," many businesses cite challenges with attracting new talent as one of their top concerns. Postings in the manufacturing sector have also been elevated in recent months, including March's all-time high of 404,000. However, in April, the pace of job openings decelerated to 359,000, and net hiring weakened. Nonetheless, I would continue to expect stronger job openings and hiring data moving forward, especially given recent improvements in the economic outlook for the sector.

Business economists continue to expect modest growth in the U.S. economy, with real GDP up 2.2 percent and 2.4 percent in 2017 and 2018, respectively. With that said, nearly 60 percent of respondents in the latest National Association for Business Economics  Outlook Survey felt that there were more upside risks to the economy, especially given possible fiscal policy changes, with 36.2 percent feeling there were more downside risks. For manufacturers, economists see industrial production rising 1.5 percent in 2017, with 2.4 percent growth in 2018. On the other hand, light vehicle sales in 2017 are expected to slow somewhat while continuing to remain strong overall, down from an estimate of 17.5 million units in March to 17.2 million units in this release. The forecast is for 17.1 million units sold in 2018. At the same time, housing starts are anticipated to increase from 1.27 million units in 2017 to 1.35 million units in 2018.

Much of the focus this week will be on the Federal Reserve, which is widely expected to raise short-term interest rates for the second time this year at the conclusion of its June 13-14 meeting. The Federal Reserve will also release May industrial production data. Manufacturing output rebounded strongly in April, and another expansion in the latest figures is expected. In general, the data should continue to reflect progress for the sector relative to what was seen one year ago, with manufacturing production up 0.8 percent since April 2016. There will also be surveys from the New York and Philadelphia Federal Reserve Banks for June, which both diverged in their May reports, with respondents to the Philadelphia Federal Reserve survey still reporting strong growth but the Empire State report stagnating.

Courtesy of Chad Moutray, Ph.D., CBE, Chief Economist
National Association of Manufacturers
YOU NEED TO ADVERTISE WITH CCTI!

news_tablet.jpg The CanTube Bulletin offers an excellent marketing opp ortunity for companies in the tube, core and composite can industry.   The CTB is published online on a monthly basis. and our distribution list consists of all CCTI members and their employees.    Monthly ads are $50  or an annual commitment is $500 for 12 issues.  For more information call the office or email us at info@cantube.org