Beneco Packaging and its subsidiary SoOpak have opened a second facility in Scarborough, Ontario, which will be a design, manufacturing and finishing production house once fully operational.
Altium Packaging Canada, a subsidiary of Consolidated Container Company, acquired Plastique Micron Inc. and affiliates IMBC Blowmolding 2014 and Action Plastic Products for an undisclosed amount. Plastique Micron has three plants in Ontario and Quebec and about 200 employees.
Altium Packaging Canada, part of CCC, has acquired Plastique Micron, a plastic packaging business. The article gives no deal value or location.
Évolupak, a maker of recyclable thermoformed food packaging, will build a 40,000 sq ft building costing 10 million dollars to double its floor space in Saint-Jean-sur-Richelieu, Quebec. About 20 jobs will be created, with completion targeted for June 2019.
Reid Canada, a subsidiary of Consolidated Container Company, acquired plastic bottle makers Polybottle Group and Humberline Packaging from ABC Group, with plants in Toronto, Vancouver and Edmonton. Terms were not disclosed.
Canadian boxmaker Whitebird will install the EFI Nozomi C18000 single-pass corrugated inkjet press at its Hamilton, Ontario facility, scheduled for the fourth quarter of 2018. It is the first such system installed in Canada.
Kruger is carrying out modernization projects at its LaSalle packaging plant and Place Turcot containerboard mill in Montreal, at a total cost of nearly $20 million, to be completed in 2018.
Kruger has dedicated a new high-speed corrugated packaging converting line at its LaSalle plant in Quebec after investing almost CAD 10 million, producing 24,000 boxes per hour.
Intertape Polymer Group agreed to acquire 100% of Polyair Inter Pack, a private protective packaging maker with seven North American plants, for about $146 million in cash, subject to closing adjustments.
Reid Canada, a subsidiary of Consolidated Container Company, has acquired the assets of Deltapac Packaging, a Montreal maker of plastic bottles for the specialty chemical, cosmetic, food and pharmaceutical industries. Terms were not disclosed.
Public Works and Government Services Canada awarded Craig Packaging Limited a contract for 150,000 paperboard boxes for Health Canada, with an amendment value of CAD 169,500. The award was dated January 17, 2018.
Kruger rebuilt its MP10 newsprint machine at the Trois-Rivières mill in Quebec into a 100% recycled linerboard machine under a $250 million modernization project announced in September 2015. Official start-up occurred in May 2017.
Laminacorr began a 3-year expansion including a 20,000 sq ft addition in the Cornwall Business Park, Ontario, and an upgrade of one extrusion line. Equipment investment is over $1.5 million and building investment is $1.7 million.
Cascades is acquiring four containerboard packaging plants in Ontario from the Coyle family, adding about 500 million square feet of annual capacity. The total cost of the transaction, including its Greenpac and Tencorr stakes, is C$49 million.
Cascades Inc. acquired four Ontario plants from the Coyle family: McLeish Corr-a-Box, Brown Packaging, Coyle Corrugated Containers and Coyle Packaging. Consideration was CAD 28 million including CAD 4 million assumed debt, completed on 4 December 2017.
TricorBraun, a St. Louis packaging company, acquired Taipak, a flexible packaging provider headquartered in Richmond, British Columbia. It is TricorBraun's first move into flexible packaging, and Taipak will be renamed Taipak, A TricorBraun Company.
TC Transcontinental acquired Montréal-based flexible packaging converter Les Industries Flexipak Inc., which employs 55 people, extending its packaging footprint to Eastern Canada.
Graphic Packaging will run a new paper-based packaging partnership with International Paper's Consumer Packaging business, holding 79.5% while IP keeps 20.5%. The partnership is valued at about $6bn and will assume $660m of IP debt.
Kruger inaugurated its converted machine number 10 at the Trois-Rivières mill, now producing 360,000 metric tonnes of packaging board for e-commerce, after a C$250 million project. About 80 local companies shared C$40 million of work.
BDG & Associés and the Fonds de solidarité FTQ acquired Plastube Inc., a Granby, Quebec manufacturer of extruded and decorated plastic tubes for cosmetics, pharmaceutical, food and industrial markets. Plastube employs about 130 people.
Cascades officially inaugurated its expanded corrugated packaging plant in Drummondville, Quebec, a CAD 26.4 million investment that added 45,000 sq ft and a new fast corrugator, now fully ramped up.
Royal Containers announced the acquisition of corrugated packaging manufacturer Rexdale Container Corp., based in the Greater Toronto Area, to increase capacity and geographic presence in Southern Ontario.
Supremex has completed its acquisition of Montreal-based folding carton maker Stuart Packaging for $17.5 million on a cash-free, debt-free basis, plus $2.1 million payable over 24 months subject to targets.
TricorBraun, a St. Louis packaging company, agreed to acquire Salbro Bottle, a Woodbridge, Ontario maker of plastic and glass containers and closures. No financial terms were disclosed. The announcement was made on June 26, 2017.
Atlantic Packaging Products and Canada Fibers announced a broadened strategic alliance to improve recovery of used corrugated material for Atlantic's paper mills and to develop integrated sustainable packaging programs.
Edmonton-based Jet Label & Packaging acquired United Label Company of Coquitlam, British Columbia, in summer 2017. The deal expands Jet Label's mass-market retail customer base and adds production capacity, with new machinery planned for 2018.
Rayonier Advanced Materials agreed to acquire Tembec in a deal with a purchase price of about US$807 million including US$487 million of net debt assumed, with Tembec shareholders receiving C$4.05 cash or shares.
Kruger is investing C$250 million with Investissements Québec to convert its Trois-Rivières newsprint mill to make lightweight cardboard packaging, starting production May 7, and plans to hire about 100 workers within five years.
Stanpac Inc. is investing C$45.6 million to add four production lines at its Smithville, Ontario packaging plant, increasing capacity and exports and creating up to 50 jobs. The federal government contributes C$4.5 million through FedDev Ontario.
Envelope maker Supremex agreed to acquire Montreal-based corrugator Durabox Paper, which runs a 50-person corrugated box plant in Lachine, Quebec; the price was not disclosed, announced November 28, 2016.
Kruger is rebuilding Paper Machine 10 at its Trois-Rivières mill to produce 100% recycled linerboard, with about $250 million invested and completion expected in May 2017. About $135 million of the budget has been committed to date.
TC Transcontinental acquired all shares of Flexstar Packaging, a Richmond, British Columbia flexible packaging converter with over 120 employees and about C$36 million in revenue. The deal was announced on October 17, 2016.
Kruger completed the conversion of its No. 10 newsprint machine at the Trois-Rivières mill in Quebec into a lightweight linerboard line with 360,000 tonnes annual capacity, creating 270 jobs. The project was first announced with the Government of Quebec in September 2015.