News Desk

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 […]

Amcor and Nova Chemicals Corp. have signed a memorandum of understanding for the purchase of mechanically recycled polyethylene resin (rPE) for use in Amcor’s flexible packaging films. “Increasing the use of rPE in flexible packaging applications is an important element of Amcor’s commitment to support packaging circularity,” Amcor said in a news release, adding that […]

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 […]

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 […]

A second-generation family-owned flexible packaging company based in Missouri recently agreed to sell the business to its employees. Founded in 1972 in Wisconsin before relocating to St. Louis in 1982, Packaging Concepts Inc. (PCI) makes flexible packaging and custom-folded paperboard as well as microwave popcorn bags and theater concession packaging, according to a news release […]

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 […]

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 […]

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 […]

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 […]

Privately held packaging distribution company 360Pack has bought Team Packaging Inc., a Colorado-based privately held custom packaging solutions provider. Terms of the deal were not disclosed. Founded by Mike Anderson and Becki Charchenko in 2003, Team Packaging is a full-service custom packaging distribution business based in Aurora, Colorado. The company offers flexible and fiber-based packaging, […]

Amcor recently entered into an agreement to buy Phoenix Flexibles, which has a plant in Gujarat, India. Terms of the deal, which is expected to close this fall, were not disclosed. The acquisition is subject to customary closing procedures. In a news release, Amcor says Phoenix Flexibles generates about $20 million in annual revenue from […]

Berry Global Group, Inc. recently named a new CEO, effective October 2. Kevin Kwilinski, president and CEO of Multi-Color Corporation, will replace Tom Salmon, who will retire from his roles as Berry CEO and chairman, as previously announced in February. Salmon, who has been CEO for the past six years, will remain with the company […]

Corrugated Partners Group, a maker of cardboard products for the packaging industry, intends to invest $52.7 million to build a new manufacturing operation in Pennsylvania. The maker of materials for boxes will create at least 80 new jobs, with Corrugated Partners Group calling the new operation Keystone Sheets, according to a news release from Pennsylvania’s […]

An affiliate of One Rock Capital Partners, LLC, has agreed to buy Constantia Flexibles, a packaging manufacturer with facilities in 16 countries. Constantia, which has about 7,650 employees at 30 sites, has been owned by Wendel, a European investment firm. Terms of the deal were not disclosed. “Constantia has grown through acquisition and innovation to […]