Find stats and report summaries that give an inside view of the industry today. Sales, materials, and corporate updates are just some of the topics highlighted in this section.
News DeskWeekly News Roundup

SPMC® Sets February Date for Sterile Packaging Day 2024

The Flexible Packaging Association’s Sterilization Packaging Manufacturers Council (SPMC®) will hold Sterile Packaging Day 2024 on February 7 during the Medical Design & Manufacturing West conference in Anaheim, California, and online via LinkedIn. “Opening Possibilities” is the theme of the day and will honor nurses and clinicians, organizers say. The in-person event will center around the […]

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Sonoco Expands Operations in Brazil

South Carolina-based Sonoco recently reported that it will expand its flexible packaging service operations with the acquisition of Inapel Embalagens Ltda. in Brazil. Inapel operates two facilities in São Paulo with approximately 500 employees companywide. Production capabilities include rotogravure printing, adhesive and extrusion laminations, specialty coatings, cold seal, pouching, and cylinder engraving. Inapel will add […]

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American Packaging Corporation Names New Leaders

Wisconsin-based American Packaging Corporation (APC) recently announced changes in its leadership structure in what the company says is a rare move in its 121-year history. APC, which the Schottland family purchased from the Kardon family in 1986, says the following changes will be effective January 1, 2024: • Peter Schottland, current CEO and co-chairman of […]

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Converting Conference Scheduled for January in Orlando

The International Converting Exhibition and Conference USA (ICEC USA) is planned for January 9–11, 2024, at the Orange County Convention Center in Orlando, Florida. The event is expected to attract thousands of converting industry professionals from around the world, while also bringing in suppliers of machinery, systems, materials, and accessories, according to organizers. The programs […]

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TC Transcontinental to Close Wisconsin Plant

TC Transcontinental says it will close its Tomah, Wisconsin, packaging plant in early February, moving some of those operations to other plants in its network in the U.S. “In line with our priority of optimizing the return on our assets, reducing costs, and improving operational efficiency, we have made the decision, after thorough consideration, to […]

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Davis-Standard to Buy ETG

Davis-Standard, LLC has agreed to buy the Extrusion Technology Group (ETG) from entities controlled by the Dutch investor Nimbus. Terms of the deal, which is contingent on closing conditions, were not disclosed. Davis-Standard has been majority owned by funds affiliated with Gamut Capital Management, L.P. since December 2021. Davis-Standard serves the global infrastructure and packaging […]

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Printpack to Close North Carolina Factory

Printpack intends to close a plant in North Carolina at the end of this year, according to an October 30 report by Business North Carolina. About 90 people are expected to be laid off at the factory in Hendersonville, with some workers being offered jobs at other facilities owned by Georgia-based Printpack, the business journal […]

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Manufacturing Jobs Continue to Show Strength

The National Association of Manufacturers reported in its Workforce in Focus newsletter earlier in October that manufacturing jobs have exceeded 13 million for the first time since November 2008. “Manufacturing employment rose by 17,000 in September, the fastest monthly gain since October 2022 and an extension of the gain of 11,000 seen in August,” according to the […]

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Plastic Circularity Fund Takes Shape

Plastic Circularity Fund Takes Shape

The Alliance to End Plastic Waste recently announced that the Plastic Circularity Fund, which will be managed by Lombard Odier Investment Managers, is ready for investment in companies. The fund secured private equity capital from institutional and other accredited investors. The Alliance is a seed investor with a $10 million capital contribution to the fund. […]

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ProMach Acquires Lofton Label & Packaging

ProMach Acquires Lofton Label & Packaging

Ohio-based ProMach recently announced it has bought Lofton Label & Packaging in Minnesota. Terms of the deal were not disclosed. ProMach, which makes processing and packaging machinery, said in a news release that Lofton will expand ProMach’s labeling and coding capabilities. Founded in 1981 in the Minneapolis–St. Paul metropolitan area, Lofton provides flexographic and digital […]

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WiKoff Color Names New CEO

WiKoff Color Names New CEO

Wikoff Color Corporation recently named a new CEO after a search that started more than a year ago, according to an article in Ink World magazine. Mark C. Lewis officially assumed his role on September 11. He replaces Geoff Peters, who will remain a member of the board of directors. Peters announced his intention to retire […]

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InterFlex Deal Expands European Operations for TOPPAN

InterFlex Group, a global flexible packaging supplier and converter, recently completed the acquisition of Skymark Packaging International based in the United Kingdom. Terms of the deal were not disclosed. InterFlex Group is a subsidiary of TOPPAN, a global printing company based in Japan. TOPPAN bought InterFlex in 2021. “With the acquisition of Skymark, InterFlex Group […]

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Morchem Outlines Need for Better Laminates

One key to improving recyclability in flexible packaging will be advancements in adhesive solutions for mono-material structures, an executive with an adhesive and coating company said during a presentation at PACK EXPO Las Vegas earlier this month. Michael Reed, president of Morchem in the U.S., said his company has developed products that reduce material and […]

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Event Producer: PACK EXPO Las Vegas Sets Record

Nearly 32,000 people attended PACK EXPO Las Vegas last week, the most in the show’s history, according to show producer PMMI, The Association for Packaging and Processing Technologies. The show, which ran from Monday through Wednesday, had 2,300 exhibitors that had set up in the Las Vegas Convention Center. “This is proof that the industry […]

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Tredegar Sells Its Flexible Packaging Films Business

Tredegar Corporation has agreed to sell Terphane, its flexible packaging films business, to affiliates of Oben Group. Terphane has about 500 employees with manufacturing sites in Cabo de Santo Agostinho, Brazil, and Bloomfield, New York. It is headquartered in São Paulo, Brazil, and exports to 29 countries. Tredegar trades as TG on the New York […]

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