Distributor of Intermediate Bulk Containers Reports Strong Growth in Rentals, Sales

MILLSTONE TWP., NJ – Despite the routinely bleak economic news in the mainstream media, intermediate bulk container distributor Metano IBC Services, Inc. is experiencing a banner year.

"Our business is doing well," Metano President Tom Wilkins said. "Rentals of intermediate bulk containers are growing at a faster pace than ever, followed closely by our stainless steel tank sales.

"We're seeing this growth across all segments: fragrance manufacturing, personal care products, chemicals," Wilkins said.

Metano's experiences with its intermediate bulk containers aren't as unusual as they sound. According to recently published reports by major economic observers, including the Financial Times and the American Petroleum Institute, capital equipment purchases by American businesses are continuing to grow across the boards.

And the disparity between how well companies are faring and how poorly the economy is viewed isn't unique to the New Jersey-based distributor of intermediate bulk containers. Recent reports on several websites, including the Wall Street Journal's and Reuters', indicate that numerous companies are continuing to grow and invest, while surveys of business leaders and consumers show an unrelenting pessimism about the U.S. economy's future.

While there's no consensus on the fate of the U.S. economy, Wilkins found it hard not to express guarded optimism.

"All of our customers are involved in processing and moving raw materials," he said. "That should mean we'll see an increase in the production and sales of a wide variety of consumer and industrial products."

Millstone Twp.-based Metano is a leading provider of intermediate bulk containers, as well as IBC parts and services. Visit Metano's site at www.metanousa.com.