Opus Packaging Florence is expanding into a 50,000 square foot property adjacent to its current facility at 1131 Edwards Circle in Florence, South Carolina, to increase corrugated products manufacturing.
TricorBraun agreed to acquire the rigid-containers business of Veritiv, strengthening its North American reach. Deal value and closing details are not stated in the article excerpt.
Milton Industries announced its acquisition of GoatThroat Pumps, a US maker of precision-engineered fluid and chemical handling pumps. GoatThroat's president Nancy Westcott joins Milton.
The Massachusetts State Lottery Commission posted an open-market solicitation for corrugated kraft boxes for a three-year contract with two optional one-year extensions. Bids are due January 7, 2025, and deliveries will go to Braintree and Canton warehouses. The source's value range is an AI estimate and is not a stated contract value.
NUPI Americas will expand its Early Branch facility in Hampton County with a $7 million investment, doubling the site size to add fitting production and 30 jobs. Operations are expected to be online in 2028.
Green Bay Packaging will make a multi-year investment to modernize its Arkansas Kraft paper mill in Morrilton, replacing the recovery and biomass boilers and installing an electric turbine generator. The project also includes buying about 300 acres of land for future expansion.
Petainer Manufacturing USA will open a new site at 315 Joe Frank Porter Drive in Mt. Pleasant, Tennessee, investing $10 million and creating 35 new jobs in the Cherry Glen Industrial Park.
California-based Multipack is establishing a $10.4 million beverage can production facility in Caddo Parish near Shreveport, Louisiana, planning 141 direct jobs and output of more than 100 million cans annually.
Green Bay Packaging confirmed a about $1 billion expansion of its Arkansas Kraft mill in Morrilton, Arkansas, with groundbreaking on June 3, 2025. The project, first announced in December 2024, is expected to add 35 jobs and could more than double mill production capacity.
Flexible packaging and pouch manufacturer Global Packaging Solutions grew by 25,000 square feet in Albemarle, North Carolina, adding 10 jobs with a state building reuse grant of $80,000.
Contract food packaging company Econo-Pak announced a 125,000-square-foot addition to its 200,000-square-foot facility in Milford, Pennsylvania, for packaging automation and expanded storage.
Earthrings, a startup brand under Promac, opened operations in Elgin, Illinois, producing biodegradable cardboard beverage rings for brewery customers.
TOPPAN Holdings signed an agreement to acquire the flexible packaging and thermoformed container business of SONOCO Products Company for about 1.8 billion US dollars, expanding its sustainable packaging operations in North and South America.
Novolex and Pactiv Evergreen agreed to combine into a food, beverage and specialty packaging manufacturer, with Pactiv shareholders receiving $18.00 per share in cash. CPP Investments will contribute about US$1 billion and become a significant minority shareholder.
Burckhardt Compression won a contract from Joule Processing and Plug Power to deliver 12 large hydrogen refrigeration compressors for six hydrogen liquefaction plants in the USA, which will together liquefy 180 tons of hydrogen per day.
Copeland and Daikin announced a joint venture to bring Daikin's inverter swing rotary compressor technology to the U.S. residential HVAC market, expected to be operational in the first half of 2025 pending approvals. The companies intend to establish a North American manufacturing facility in the future.
Applied Industrial Technologies signed a definitive agreement to acquire Hydradyne, LLC, a Dallas-based fluid power distributor with about 500 staff and 33 locations in the Southeastern U.S. Applied expects roughly $260 million in sales and $30 million in EBITDA from the deal.
Irving Tissue plans to spend $600 million to expand its tissue paper mill in Macon, Georgia, adding 100 jobs. The company says the mill is currently selling all of its output.
Cogent, Inc. announced the acquisition of Central States Group, an industrial equipment distributor based in Omaha, Nebraska with operations in Cedar Rapids, Marshall and Madison. The deal strengthens Cogent's presence in the Midwest in pumps, pipe, valves and fittings.
Irving Tissue will invest nearly $600 million in an expansion at its Macon, Georgia facility, adding a third ThruAir Dry paper machine, converting lines and an automated warehouse, and at least 100 new jobs.
Walker Manufacturing has acquired Danfoss's Light Duty product line, including Model 7 and Model 11 hydrostatic variable displacement pumps and transmissions, moving production to its Fort Collins, Colorado facility.
Amcor agreed to combine with Berry Global in an all-stock merger in which Berry shareholders receive 7.25 Amcor shares per share, creating a combined company with an enterprise value of about $37 billion. Closing is targeted for mid-2025.
Brazilian packaging maker Wyda Packaging has opened a 15,000 sq ft factory in Charlotte, N.C., to produce recyclable aluminum foil and trays with capacity of 6,000 tons per year.
Coregistics, a Red Arts Capital portfolio company, has acquired Belvika Trade & Packaging, a food and beverage contract packager, making Coregistics the largest pure-play contract packaging company in North America.
HVAC maker AAON will occupy the former American Snuff facility in Memphis, Tennessee, to produce data center thermal management equipment, investing $238 million and creating 828 jobs over five years.
Magnum Venus Products says its new manufacturing center in Knoxville, Tennessee is fully operational after new equipment and upgraded production capacity were installed. The company is a family-owned manufacturer with over 85 years of history.
ABB signed an agreement to buy Aurora Motors, a provider of vertical pump motors sold in 30 countries, to strengthen its NEMA Motors Division. Financial terms were not disclosed and closing is expected before the end of 2024.
Emerson announced plans to repurchase approximately $2.0 billion of its common stock in fiscal year 2025, with about $1.0 billion expected in fiscal Q1.
Emerson proposed to acquire all AspenTech shares it does not already own for $240 per share in cash, after already holding about 57%. The proposal would make AspenTech a wholly owned subsidiary.
Baker Manufacturing, a portfolio company of Blue Sage Capital, acquired the Pump Division of A.Y. McDonald Mfg. Co, including submersible, booster, jet, sump pumps and pressure tanks for residential and agricultural markets.
Veritiv Operating Company acquired substantially all assets of PAX Global, a custom packaging distributor and converter with annual revenue of about $45 million. The deal adds folding carton and film converting capabilities.
Amcor announced in November 2024 that it would acquire Berry Global in an all-stock transaction valued at $8.43 billion, combining consumer and healthcare packaging operations.
Singer Industrial teamed up with Fluid Tech Hydraulics, a Sacramento-based hydraulic distributor and service provider, which will operate within Singer's Fluid Power Division. The deal increases Singer's footprint to more than 120 locations.
Welspun Tubular LLC, a subsidiary of Welspun Corp, announced a $100 million investment to expand and upgrade its pipe portfolio at its Little Rock, Arkansas plant, adding 175 jobs with production expected from Q1 2026.
Trelleborg Sealing Solutions signed an agreement to acquire CRC Distribution, a US specialist distributor of polymer seals based in Robertsdale, Alabama, with annual external sales of about SEK 170 million. Completion is expected in Q1 2025.
bp awarded SLB's OneSubsea joint venture an EPC contract for a subsea boosting system with high-pressure subsea pump for the Kaskida greenfield project in the deepwater US Gulf of Mexico.
Aspen Pumps Group acquired Malco Tools, Inc., a Minnesota manufacturer of tools for the HVAC and building construction industries. Malco becomes the North American headquarters of Aspen, and its CEO takes over as CEO of Aspen Pumps Group North America.
TC Transcontinental agreed to sell its industrial packaging operations to Hood Packaging Corporation for US$95 million, subject to working capital adjustments. The Thomasville, North Carolina operations and 138 employees are transferred, and Hood also acquires the industrial packaging business of the Ontario, California plant.
Conner Industries, a Texas-based protective packaging provider, is expanding its Guardian Packaging facility in Dallas by 53% to 100,000 square feet, partly to serve government and Department of Defense contracts.
APackaging Group, a beauty and cosmetics packaging maker, invested $49 million to open a new manufacturing facility in Defiance, Ohio, providing bottle blow molding, custom molding and dispenser and cap production.
Packaging Corporation of America reported $468.4 million in capital spending through Q3 2024, including at least 60 projects at box plants such as new corrugators and new converting lines.
Tyoga Container, a corrugated box manufacturer, has completed a $30 million expansion of its Tioga, Pennsylvania facility, adding five new corrugated converting lines and about 144,000 square feet of space. The state budget awarded the company $1.5 million for the project.
Workdry International, parent of Selwood, Siltbuster and Vanderkamp, has acquired Florida-based Holland Pump Company, a water handling and pump rental provider, to expand into North America. The deal gives Workdry a presence on the US East and Gulf Coasts.
Buffalo Pumps, a subsidiary of Ampco-Pittsburgh, plans a $10.6 million expansion of its 874 Oliver Road plant in North Tonawanda, New York, to double manufacturing capacity and create 20 new jobs. The company makes centrifugal pumps for U.S. Navy and Coast Guard ships and commercial customers.
Graham Packaging is investing $35 million to expand and modernize its Hammond production facility in Tangipahoa Parish, Louisiana, acquiring advanced equipment and upskilling its workforce. The company expects to retain more than 100 positions, with all enhancements completed by 2027.
Wincove Private Holdings and its portfolio company PURGO Holdings acquired valve and actuator maker Valve Solutions, LLC of Alpharetta, Georgia, in an add-on deal initiated by White Oak Partners.
Danfoss Turbocor completed Project Horizon, its largest expansion in Tallahassee, Florida, including a new 145,000 sq ft manufacturing facility built by Sperry Construction. The $60 million project will let Danfoss make over 14,000 compressors per year, doubling current capacity.
Unico Mechanical Corp won a USD 28 million contract from the U.S. Bureau of Reclamation to replace two 156-inch butterfly valves and refurbish gates at the Blue Mesa Hydro Electric Powerplant in Colorado. Work is slated to start in December 2024 and finish in September 2028, with Adams Valves as design and fabrication partner.
TekniPlex held a grand opening for its new $17.5 million, 200,000 sq ft egg carton plant in Van Wert's Vision Industrial Park, which is expected to employ about 100 workers. Construction began in June 2023.
Nabors Industries has signed a definitive agreement to acquire all shares of Parker Wellbore in exchange for 4.8 million Nabors common shares, subject to a share price collar. Parker provides downhole tubular rentals and drilling services, including 17 drilling rigs.