MARCH 2018
SPECIAL ROOM RATE FOR THE CCTI ANNUAL MEETING EXPIRES MARCH 20!  JOIN US AND CONNECT WITH YOUR COLLEAGUES!

vector_mobile_phone.jpg Don't miss out on reserving a room at the Union League Club for the CCTI Annual Meeting for the special rate of $245.  Philadelphia will be hosting Pack Expo in conjunction with the CCTI meeting so rooms may be difficult to obtain.  Call ASAP to secure your room and register online for the meeting at www.CanTube.org or call the office for additional assistance!
 
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Andrea Ball, 
Executive Director andrea@cantube.org

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IN THIS ISSUE!
  • CCTI NEWS
  • MEMBER NEWS
  • INDUSTRY NEWS
  • INTERNATIONAL 
  • ENVIRONMENTAL
  • ECONOMICS
  • EDUCATION
  • 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

    Join or Renew: 703.823.7234
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CCTI Annual Meeting 2018 Update!

The Composite Can & Tube Institute's
2018 ANNUAL MEETING
April 16-18, 2018
Philadelphia, PA

Held in tandem with Pack Expo East, the CCTI Annual meeting will offer attendees networking opportunities, educational sessions, a plant tour of Paco Winders and a retirement celebration for Emil Kiss!  As an added bonus, each CCTI registration will include a complimentary  Pack Expo East pass, if claimed in advance . Read more about our featured speakers below!

SPECIAL ROOM RATES HAVE BEEN EXTENDED TO MARCH 20th!

To take advantage of CCTI's special rate a the Union League Club of $245, you must reserve your hotel room by calling 215-587-5570 and referencing the CCTI Room Block.   If you have questions, please contact the CCTI office at 703-823-7234 or info@cantube.org.


Click here to register online or 
sponsor the meeting!

Speaker giving a talk on corporate Business Conference. Audience at the conference hall. Business and Entrepreneurship event.
CCTI FEATURED SPEAKERS

Jim  Ward, President and Chief Executive Officer, DM Bowman Trucking

Jim has held many positions within D. M. Bowman, Inc. including VP of Quality, Director of Human Resources and Safety Manager before being promoted to President & CEO. He has more than 25 years of experience in the transportation industry with various management positions including Managing Director, Transportation Industry Division for Willis, MD, Division Safety Representative, Locomotive Engineer and Trainman for CSX Corporation. He is a native of Maryland and attended Hagerstown Community College and Frostburg State College. He has been active in industry associations and currently serves as American Trucking Association, Vice President, on the Board of Directors for the Truckload Carriers Association, and is a member of the Executive Committee of the Maryland Motor Truck Association.
 

Wayne Valis,  President & Founder, 
Valis Associates
Sponsored by OX Industries
 
Wayne Valis has an unsurpassed knowledge of the inner workings of the White House and U.S. Executive Branch. Prior to founding Valis Associates in 1983, Valis personally served three U.S. Presidents: Nixon, Ford, and Reagan. From 1981-83, he served as Special Assistant to President Reagan for liaison with business, working on the Economic Recovery Program. As President Reagan's coalition builder with the business community, he worked with over 1,000 trade associations, corporations, companies, and public interest groups. His special assignments included the landmark budget and tax legislation of 1981 and 1982, AWACS, and other issues. In addition, he assisted then-Vice President George Bush on regulatory reform issues. From 1973-74, Valis was Staff Assistant to President Nixon, working first on the Domestic Policy Council and later with the Watergate defense team. From 1974-77, he was Director of Planning and Research, Office of Public Liaison, for President Ford. During 1972-73, and from 1977-81, Valis served at the American Enterprise Institute, a non-partisan, public policy research center. Additionally, Valis has written numerous articles and reviews as well as two books, The Future under President Reagan and The Lincoln Magna Carta: an Icon of Freedom for the Twenty First Century. He is also listed in Who's Who in American Politics. He earned his bachelor's degree in political science from Rutgers University. He is married to Angela, father of Maura and has three grandchildren. nk
SPECIAL THANKS TO THE 2018 CCTI 
ANNUAL MEETING SPONSORS





        


Sponsor Opportunities Available Here.




Composite Can and Tube Institute (CCTI) is an official partner with  PACK EXPO EAST, your East Coast connection to the packaging innovations of top regional suppliers. We will be on site, supporting our members, in Booth 203 .



We are also offering complimentary* registration to you.  Click above to learn more or contact info@cantube.org for details on member participation opportunities in the Pack Expo booth.

MEMBER NEWS


Wind Point Partners, a leading Chicago-based private equity firm, has partnered with experienced building products executive Dave Ulmer to acquire Ox Engineered Products ("Ox" or the "Company"), a leading specialty manufacturer of structural sheathing and thermal insulation building products.   
 
Ox, based in Constantine, Michigan, is the largest U.S. provider of alternative laminated fibrous board sheathing
 solutions. Ox also produces structural and non-structural polyisocyanurate ("polyiso") foam sheathing products out of an automated facility in Charleston, Illinois. Leveraging these strategically-located Midwest facilities, Ox serves both residential and commercial end-markets nationwide.
 
Paul Peterson, Managing Director at Wind Point, commented, "Ox is a well-established leader in cost-effective, alternative sheathing solutions for home builders and commercial builders. Ox's products deliver a strong value proposition for customers both on cost and performance." Peterson added, "We are particularly excited to be partnering with Dave Ulmer, who brings strong leadership and a wealth of industry experience."
 

ECONOMICS REPORT
March Economic Report on Manufacturing

Financial markets have been quite volatile over the past few weeks. Fortunately, the global manufacturing sector continues to be healthy. In February, all of the top-20 markets for U.S.-manufactured goods expanded, illustrating the strength of the international economy once again. In addition, the J.P. Morgan Global Manufacturing PMI edged down from 54.4 in January to 54.2 in February, and it remained just shy of December's pace, which represented the fastest pace since February 2011. New orders, output and exports were somewhat softer in February but still quite positive. Hiring growth was not far from the December reading, which-like the headline index-was the best since early 2011. Manufacturing leaders remain very upbeat in their global outlook for the next six months, with the measure for future output at a three-year high.

As has been the case for several months, Europe once again dominated the list of top export markets with strong manufacturing growth. However, other regions were also well represented. Those countries with the highest PMI readings in the sector in February included Switzerland, the Netherlands (an all-time high), Germany, Italy, Taiwan, France, Australia, Canada, Singapore, the United Kingdom and the United Arab Emirates. Looking just at Europe, the IHS Markit Eurozone Manufacturing PMI has fallen from 60.6 in December-its best reading since the survey began in June 1997-to 59.6 in January to 58.6 in February. Although that was a four-month low, the data remain consistent with strong growth overall for European manufacturers. Along those lines, the Eurozone index for future output (down from 68.2 to 67.1) eased from January's reading, which was the highest since the question was added in July 2012. The index remains very promising for production over the next six months.

The U.S. dollar has trended higher over the past few weeks, up 1.9 percent since January 25. The trade-weighted U.S. dollar index against major currencies from the Federal Reserve Board has risen from 84.6338 on January 25-its lowest level since December 18, 2014-to 86.2256 on March 2. This index reflects currency units per U.S. dollar, suggesting that the dollar can now purchase somewhat more than it could before. The index registered 75.7513 on June 30, 2014, illustrating the dollar's continued strength, up 13.9 percent over that time frame. With that said, one of the most significant stories last year was the depreciating U.S. dollar. Since the end of 2016, it has declined 9.9 percent against major currencies.

The weaker dollar-and a strengthened global economy-in 2017 helped to spur more export growth, which benefited manufacturers in the United States. According to seasonally adjusted data from TradeStats Express, U.S.-manufactured goods exports totaled $1.32 trillion in 2017, up 4.66 percent from 2016. That was much better than the declines of 6.20 percent and 4.04 percent in 2015 and 2016, respectively. More importantly, exports have started 2018 on a positive note, extending the nice rebound seen in 2017. In the most recent non-seasonally adjusted data, U.S.-manufactured goods exports were $86.36 billion in January, up 3.94 percent from $83.09 billion one year ago. In addition, trade volumes have risen significantly over the past year as the international economy has improved.

The Senate confirmed several trade nominees, and the Office of the U.S. Trade Representative (USTR) released its 2018 Trade Policy Agenda. President Donald Trump prepares coming trade actions on steel and aluminum imports, while other investigations are ongoing. Negotiations to update and modify the North American Free Trade Agreement (NAFTA) made progress on noncontroversial issues, but remain stalled on major issues. Manufacturers continue to press for quick action to enact the Miscellaneous Tariff Bill (MTB) and to ensure a fully functioning Export-Import (Ex-Im) Bank. Political changes in China are being watched closely.

Courtesy : NAM L
INTERNATIONAL NEWS
USTR Releases 2018 Trade Policy Agenda 

On February 28, the Office of the USTR released the Trump administration's 2018 Trade Policy Agenda and 2017 Annual Report. This is an annual review required by statute. The policy agenda contains five major elements:
  • Supporting national security, including by preserving U.S. national sovereignty, responding to economic competitors, such as China, and recognizing the importance of technology
  • Strengthening the U.S. economy
  • Negotiating better trade deals, including NAFTA and the U.S.-Korea Free Trade Agreement (KORUS), negotiating with countries of the Trans-Pacific Partnership, expanding trade and investment with the United Kingdom and declaring the administration's intention to ask Congress to extend Trade Promotion Authority
  • Aggressively enforcing U.S. trade laws by using "all tools available, including unilateral action where necessary"
  • Strengthening the multilateral trading system, including by working with World Trade Organization (WTO) members to address Appellate Body concerns, negotiating "free, fair and reciprocal agreements, with the expectation that participants to these agreements will contribute commensurate with their status in the global economy" and countering WTO members that flout WTO rules
In a statement on the Trade Policy Agenda, Senate Finance Committee Chairman Orrin Hatch (R-UT) said that "the administration's announcement of its intention to seek an extension of bipartisan Trade Promotion Authority (TPA) is welcome news," but he also declared that "I look forward to reviewing the administration's conduct of trade policy over the next several months and its explanation of how it would use the authority to achieve the TPA negotiating objectives, if extended."

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