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Presto Products, an industry leader in innovation for reclosable packaging and the maker of Fresh-Lock® closures, recently held a plant expansion groundbreaking ceremony in late September at their Waupaca, Wisconsin, plant location. The Waupaca expansion...
Bar Graphic Machinery (BGM), a manufacturer of label finishing systems, diecutting slitter rewinders, digital label converting finishing systems and flexible packaging finishing equipment for the global label and flexible packaging industries, has expanded its facility...
SAM (Sung An Machinery Co., Ltd.) announced that Joon Shin, currently Executive Director, will assume the role of CEO immediately. “I am honored to become SAM’s next CEO and proud to be the 3rd generation...
ePac Flexible Packaging is pleased to announce the appointment of Tracy Butler as Chief Financial Officer, located in Austin, Texas. Tracy will be responsible for driving ePac’s overall financial strategy with a focus on growth...
BOBST announces the completion on 11 November 2021 of the proceedings relating to Bobst Italia SpA’s successful final tender offer for the acquisition of the assets of Officine Meccaniche Giovanni Cerutti SpA and Cerutti Packaging...
Gamut Capital Management, L.P., a leading New York-based middle market private equity firm, has announced that they have signed a definitive agreement to acquire Davis-Standard, LLC and its affiliates from ONCAP, the middle-market private equity...
American Packaging Corporation is honored to be recognized as a 2021 Wisconsin 75 company by Deloitte. The annual Deloitte Wisconsin 75, chosen by a panel of business leaders, recognizes the largest and most successful private...
Comexi, a global benchmark company of and specialist in the flexible packaging printing and converting industry, has inaugurated its Technology Center in Girona (CTec Girona). As a result of this inauguration, the company strives to...
Tredegar Corporation reported third quarter financial results for the period ended September 30, 2021. Third quarter 2021 net income from continuing operations was $6.2 million (0.19 per diluted share) compared to net loss from continuing...
ProAmpac, a leader in flexible packaging and material science, announced that it has acquired Irish Flexible Packaging and Fispak from their parent company, IFP Investments Limited. Both Irish Flexible Packaging and Fispak are Ireland-based manufacturers...
UFlex Limited, India’s largest multinational and a global leader in polymer sciences continues to take steps to reach closer to its customer base. The company has commissioned its BOPET film manufacturing plant in the Ogun...
ProMach, a worldwide leader in packaging machinery solutions, announced it has acquired CL&D Graphics and CL&D Digital. CL&D is a leading provider of high-quality flexographic and digital web packaging and converting solutions for consumer product...
Graphic Packaging Holding Company, a leading vertically-integrated provider of sustainable fiber-based consumer packaging solutions, announced the successful close of its acquisition of AR Packaging Group AB, Europe's second largest producer of fiber-based consumer packaging. The...
Sonoco, one of the largest diversified global packaging companies, announced that Marcy Thompson, the Company’s Vice President, Marketing and Innovation, intends to retire at the end of 2021. In addition, the Company announced the appointments...
Blaige & Company announced the sale of H.S. Crocker Co., Inc., Illinois-based manufacturer of specialty packaging for pharmaceutical and food & beverage markets to Transcontinental Inc. The Company was advised by Blaige & Company. The...
BillerudKorsnäs agreed with the British investment firm Inspirit regarding the divestment of the Beetham mill. The transaction has been completed. The purchase price corresponds to an equity value of around SEK 30 million. “The strategic...
Mitsubishi HiTec Paper is forced to increase prices by up to 14% for deliveries from January 1, 2022 for the entire range of specialty papers (thermoscript, jetscript, giroform, supercote, barricote). The price increases are inevitable...
The Supervisory Board of Heidelberger Druckmaschinen AG (Heidelberg) appointed Dr. Ludwin Monz (58) as the new CEO to succeed Rainer Hundsdörfer (65). Ludwin Monz will take over from Rainer Hundsdörfer at the start of the...
Siegwerk, one of the leading global providers of printing inks and coatings for packaging applications and labels, announced the signing of a joint venture agreement with Rotopack, a leading supplier in the printing and packaging...
Cosmo Films, a global leader in films for packaging, labeling, lamination and synthetic paper and an emerging player in specialty chemicals, polymers and pet care has declared its financial results for the quarter ended September...
AMGRAPH Packaging has expanded its production capability with two new pieces of equipment, an 8-color offset press and a slitter rewinder. The 8-color offset press allows the printer to use a hexachrome expanded gamut ink...
Blown-film processor Pregis recently celebrated production start-up at its new $80 million blown film extrusion facility in Anderson, S.C. with a ribbon cutting attended by Governor Henry McMaster and industry partners. “We congratulate Pregis on...
Performance was strong in the third quarter driven by mix improvement and price increases across all segments, offsetting cost inflation for some categories. Currency-neutral net sales grew by an impressive 18% compared with the same...
Jim Fitterling, chairman and chief executive officer, commented on the quarter: “The Dow team delivered another quarter of sequential and year-over-year top- and bottom-line growth. Despite higher energy costs and industry-wide value chain disruptions from...
From Charles Héaulmé, President and CEO, "Huhtamaki delivered a solid third quarter in the face of a challenging environment, demonstrating the resilience of our diversified product portfolio. Demand for our products improved during the quarter,...
C-P Flexible Packaging (C-P), a leader in the flexible packaging industry, announced the acquisition of privately held Sycamore Sales, Inc. d.b.a. Preferred Packaging located in Norcross, Georgia. Preferred Packaging is a manufacturer of multilayer flexible...
Sonoco, one of the largest diversified global packaging companies, reported financial results for its third quarter ended October 3, 2021. Commenting on the Company’s performance, Howard Coker, President and Chief Executive Officer, said, "We were...
Stora Enso’s President and CEO Annica Bresky comments on the third quarter 2021 results: “I am delighted to see us deliver yet another robust quarterly performance. Sales in our core and growth businesses were up...