Atlanta-based Veritiv Corporation, a specialty distributor of value-added packaging, facility solutions, and print products and solutions, recently announced it purchased most of the assets of Ameripac, LLC, and Ameripac Pennsylvania, LLC. Ameripac is a provider of turnkey contract packaging and fulfillment services with annual revenues of approximately $60 million. “The acquisition of the AmeriPac business […]
Read MoreIndustry News
Amcor CEO to Retire April 15
Citing health reasons, Amcor’s CEO recently announced he will retire from the international packaging company, effective April 15. CEO Ron Delia told the board of directors about his decision after nine years in the top spot, according to an Amcor news release. Peter Konieczny, Amcor’s chief commercial officer and member of the company’s global management […]
Read MoreAstara Capital Completes Investment in Garlock Printing & Converting
The company will continue to be managed by Garlock’s current senior management team, led by founder and CEO Pete Garlock.
Read MoreKarville Increases Capacity for Pouch Machine Manufacturing
Karlville Swiss opened a second building in Stabio, Switzerland, to meet the demands of the flexible packaging market.
Read MoreMiraclon Names New Executives
Miraclon recently appointed a chief technology and innovation officer and a chief technology adviser.
Read MorePeak Rock Capital Affiliate Buys AMB
An affiliate of Peak Rock Capital, a middle-market private investment firm, completed its acquisition of AMB, S.p.A in partnership with the Marin family, AMB’s founders and current owners, and the management team of AMB.
Read MorePrivate Equity Firm Invests in Aquapak
ADM Capital Europe, LLP, a London-based private equity advisory firm, reported that its Cibus Enterprise Fund has invested in the British polymer production company Aquapak Polymers Ltd.
Read MoreEastman Investing $250M in Depolymerization Plant
Eastman Chemical Co. will invest $250 million over two years to build a methanolysis plant at its Kingsport, Tennessee facility.
Read MoreFortis Buys Kala Packaging
Fortis Solutions Group has bought Utah-based Kala Packaging, a printer of pressure-sensitive labels and flexible packaging that offers variable content printing, anti-counterfeit solutions, and food-safe flexible packaging. “We are fortunate to join forces with such an outstanding team and are excited to further the value-added offerings we provide,” said John O. Wynne, Jr., Fortis president and […]
Read MoreePac Flexible Packaging Expands into Ghana, Africa
ePac Flexible Packaging is expanding into Ghana, Africa, as the flexible packaging provider extends its network of production plants globally. ePac Flexible Packaging was established in 2016 in the U.S. It now operates 18 manufacturing plants across the U.S., Canada, Europe, and Indonesia. All orders are being fulfilled by the company’s UK-based plant while plans […]
Read MoreTC Transcontinental Appoints Chief Development Officer
TC Transcontinental appointed Eric Morisset as chief development officer. Based in Montréal, Morisset will report to François Olivier, president and CEO, and he will be part of the executive management committee, the company said. Since 2018, the role had been held by Sam Bendavid, who was appointed in 2020 as senior vice president, TC Transcontinental […]
Read MorePregis Buys Technical Machinery Solutions
Pregis, a maker of protective packaging, bought Technical Machinery Solutions (TMS) of Illinois from its privately held owners, and the acquisition includes the Graphic Innovators business at TMS. Pregis produces a lightweight, curbside recyclable all-paper mailer, branded as the TMS Eco Mailer™. The cushioned mailers can be recycled in all-paper recovery systems. The acquisition of TMS […]
Read MoreWiedmann to Succeed Forker at Siegwerk
On March 31, Nicolas Wiedmann will replace Siegwerk CEO Herbert Forker, who is retiring after 21 years as CEO. Wiedmann had been with Hella GmbH & Co KGaA, where his duties included being general manager for the business segment special applications. He joined Siegwerk on Jan. 1. Wiedmann brings many years of experience in managing […]
Read MoreNewsweek Names Lyondellbasell in List of Responsible Companies
LyondellBasell has been named to Newsweek Magazine’s 2021 list of “America’s Most Responsible Companies.” This is the second time LyondellBasell appears on the list, which debuted in 2020 and recognizes companies for their performance in the areas of environmental, social, and corporate governance, the company said in a news release. The plastics, chemicals, and refining company said […]
Read MoreHighlights In Sustainability, Leadership, Company Growth, And More
Proampac Breaks Ground On Innovation Center ProAmpac recently broke ground on a collaboration and innovation center, a multi-million-dollar investment that will expand the company’s existing facility to house what will become an international hub for packaging design and development. CEO Greg Tucker was joined by Kathleen C. Hochul, New York lieutenant governor, and local dignitaries […]
Read MoreTri-Seal Invests in Closure Liner Facility in India
Tri-Seal, which is part of Tekni-Plex based in Wayne, Pennsylvania, has invested $1 million in a new closure liner manufacturing facility in Greater Noida, India.
Read MoreNexeo Plastics Expands Inside Sales Center
A Dublin, Ohio, sales center for Nexeo Plastics has been expanded with additional staff and technology.
Read MoreHudson-Sharp Names New Regional Sales Directors
Hudson-Sharp, part of Paper Converting Machine Company (PCMC) and Barry-Wehmiller’s converting equipment platform, reported that Peter Sztehno and Scott Romenesko were named regional sales directors.
Read MoreComexi Plans New Miami Tech Center
Comexi plans a technology center at its new U.S. headquarters in Miami. The specialist in solutions for the printing and converting industry of flexible packaging said its 15,000-square-foot technology facility would open this fall.
Read MoreAMB Buys PTS
Italian converter AMB SpA bought German firm PTS (Prime Tray System) Verpackungen, a manufacturer of injection-molded cups, bags, and composite plastics films.
Read More