OPUS International
Industry Update - June 2026
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June opened with encouraging signs for the broader manufacturing economy. U.S. manufacturing activity reached its highest level in approximately four years, with the ISM Manufacturing PMI climbing to 54.0. New orders, production activity, and backlogs all expanded during May.
While food manufacturing was not the primary driver of this expansion, food and beverage companies benefited from:
At the same time, manufacturers began reporting renewed cost pressures due to:
The food industry also continued to rationalize production networks. For example, Campbell's completed its transition of the Paris, Texas facility from soup production to sauces and salsa manufacturing, reflecting a broader trend toward specialization and category-focused manufacturing networks. June's outlook remains positive, though increasingly focused on efficiency and profitability. The strongest growth areas continue to be:
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