International Paper Co. has agreed to combine its North America consumer packaging business with Graphic Packaging Holding Co. in a deal that values the International Paper division at $1.8 billion, the companies said. Graphic Packaging will own 79.5 percent of the partnership and will be sole operator, and International Paper will own the remainder. The… read more
Packaging & Material Handling News
Linpac Teams up with Dunbia to Develop Pack for Award-Winning ‘Quick Roast’
Leading food packaging manufacturer, LINPAC (Klöckner Pentaplast) has collaborated with meat processor, Dunbia, to introduce a convenient ‘quick roast’ joint pack concept, Prime Cook, to the shelves of major retailer, Co-op. The novel product, which won ‘Best Product New to Market’ at the Supermeat Awards last month (September 2017) has the potential to put the traditional… read more
Cathy D. Ross and Pedro Enrique Mariani New Directors at Ball Corporation
Ball Corporation’s board of directors has elected Cathy D. Ross, retired executive vice president and chief financial officer from FedEx Express, and Pedro Henrique Mariani, chairman of the board of Banco BBM to serve as directors of the corporation. Ross, 59, worked at FedEx Express, FedEx Corporation’s largest operating unit, in financial roles of increasing… read more
SIG TO Showcase Good to Go’ Solutions and Innovations at the CBST in Shanghai
beverage industry, will be the largest exhibitor at the China International Beverage Exhibition on Science and Technology (CBST 2017) in Shanghai from 22nd to 24th November. At the trade fair booth the company will be presenting innovative solutions along SIG’s three main value-adding thrusts of Product Innovation & Differentiation, Smart Factory and Connected Pack. The… read more
Manufacturing in U.S. Expands at a Fast Pace
American manufacturing expanded last month at the fastest pace in 13 years, powered by robust order growth and healthy production, figures from the Institute for Supply Management showed. Factory index climbed to 60.8 (est. 58.1), the highest since May 2004, from 58.8; readings above 50 indicate expansion; Measure of new orders increased to 64.6, the… read more
Imperial Dade Announces the Acquisition of Central Paper
Imperial Dade has completed the acquisition of Central Paper Products Co., Inc. The transaction represents the twelfth acquisition for Imperial Dade, a leading national distributor of disposable food service and janitorial supplies, under the leadership of Robert and Jason Tillis, CEO and President of Imperial Dade, respectively. Based in Manchester, NH, and founded in 1948,… read more
Menasha Corporation Announces Acquisition of Ari Packaging
Menasha Corporation announces that it has acquired ARI Packaging of Alsip, Illinois. The business will operate as part of Menasha Packaging Company, a subsidiary of Menasha Corporation; terms of the transaction were not disclosed. ARI Packaging is a supplier of contract packaging and fulfillment services for merchandising packaging and displays used by consumer packaged goods… read more
Heritage Announces Acquisition of Satellite Vending
New Heritage Capital is pleased to announce that its portfolio company Continental Services has acquired Satellite Vending Company, a provider of vending, micro-market and office coffee services in the Detroit market. Satellite represents the first add-on acquisition for Continental, further strengthening its position as Michigan’s largest food services company. Continental provides a wide range of custom… read more
New Lightweight Beverage End from Crown Helps Beverage Brands Enhance Sustainability Credentials
A new generation of lightweight SuperEnd® beverage ends from CROWN Asia Pacific, a division of Crown Holdings, Inc., reduce metal use by over 10% when compared to conventional 202 diameter (52mm) ends. The Interchangeable SuperEnd® beverage end is compatible with seamer tooling used with other lightweight ends on the market. The lightweight nature of the ends… read more
Millennials Impact Trends – 9.1.17
Millennials Impact Trends in Foodservice Packaging Industry The 2016 trends report from the Foodservice Packaging Institute (FPI) reveals key industry shifts that focus on industry changes being driven by the generational influence of Millennials. “Each year our trends report searches for common threads found throughout the entire foodservice packaging value chain. This year more than ever,… read more