News DeskWeekly News Roundup

Davis-Standard Completes Acquisition of Extrusion Technology Group

Davis-Standard recently completed the previously announced acquisition of Extrusion Technology Group (ETG). Through the acquisition, three brands—battenfeld-cincinnati, Exelliq, and Simplas—officially become part of Davis-Standard, the company said in a news release. “This strategic acquisition reinforces our dedication to providing cutting-edge solutions and comprehensive support to our customers across various industries,” said Giovanni Spitale, CEO of […]

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AMERIPEN to Start Five-Part Series on EPR Regulations

AMERIPEN—the American Institute for Packaging and the Environment will hold a series of webinars starting later this month called “Are You Prepared?” that will help participants navigate extender producer responsibility (EPR) regulations. “This webinar series will help prepare companies across the packaging value chain to engage in the final stages of state-specific program development and […]

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AmerCareRoyal Buys Thermosource Tooling and Manufacturing

AmerCareRoyal (ACR), a supplier of disposable food service supplies and other items, recently purchased Thermosource Tooling and Manufacturing (TTM) based in El Segundo, California. Founded in 2004, TTM supplies thermoformed and flexible packaging solutions for food service, food production, and grocery applications. ACR, which has offices in Pennsylvania, South Carolina, and Texas, provides packaging and […]

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Report: Companies Move Toward Automation to Combat Workforce Woes

A shortage of skilled labor is leading consumer packaged goods (CPG) companies to invest in warehouse automation, according to a report released this past month by PMMI, The Association for Packaging and Processing Technologies. The report—“Packaging and Automation in the Warehouses of the Future”—also says growing e-commerce activity and rising direct-to-consumer demands mean many CPG […]

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U.K.-based Eco Flexibles Names New General Manager

Eco Flexibles, a specialist in recyclable monopolymer flexible packaging, recently appointed a new general manager in an expansion of its operations team. As general manager, David Smith joins the senior management team and will oversee day-to-day operations. Smith has more than two decades of experience in the paper-based and flexible packaging industries, according to a […]

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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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