Arnold Packaging acquired World Class Packaging, a Baltimore packaging solutions provider with more than 200 regional customers, adding six employees. The deal expands its mid-Atlantic market share. It was announced on August 8, 2018.
ONCAP announced it has acquired Precision Global, a Greenville, South Carolina manufacturer of dispensing solutions with 18 facilities. ONCAP IV invested approximately $111 million, terms otherwise undisclosed.
Australian packaging company Amcor is reportedly in advanced talks to acquire U.S. rival Bemis, which had a market value of about $4.20 billion; a deal could be announced as soon as the following week.
Midwest Paper Group is investing $30 million and creating up to 321 jobs to restart and convert the former Appleton Coated mill in Combined Locks, Wisconsin, to produce packaging-grade paper.
Amcor agreed to buy Wisconsin-based Bemis in an all-stock, cash-free transaction valued at about US$9.2 billion, announced in August 2018, creating the largest flexible packaging company.
Green Bay Packaging Inc. acquired Grand Traverse Container, Inc., a packaging company based in Traverse City, Michigan, with an operation in Grand Rapids. The acquisition was effective 2018-07-27 and announced on 2018-08-01.
Pretium Packaging has acquired Cox Container, a manufacturer of HDPE containers in Alabama, USA, on a 13-acre site. The deal is Pretium's fifth acquisition in four years and raises its manufacturing locations to 17.
Alpla Inc. will expand its Bowling Green, Kentucky plant with a 100,000-square-foot warehouse project costing $6.9 million, creating 24 full-time jobs. Completion is expected in 2019.
Green Bay Packaging Inc. has selected Voith to supply a full process line, including a 300-inch paper machine, for its new mill in Green Bay, Wisconsin. The mill is due to be operational in 2021.
Ball Metal Beverage Container Corp. has built a roughly 500,000-square-foot aluminum can packaging plant in Goodyear, Arizona, with $240 million capex and 130 jobs. The plant is expected to be fully operational by the end of 2018.
Wendel granted Aptar Group exclusivity to finalize the sale of CSP Technologies, a specialty protective packaging maker, at an enterprise value of $555 million, about 13 times adjusted EBITDA. Closing is expected in Q4 2018.
Cascades plans to convert the Bear Island paper machine in Virginia to produce recycled lightweight linerboard and medium, with an estimated investment of US$275 to US$300 million and production expected from 2021.
Cascades announced the acquisition of the Bear Island manufacturing facility in Virginia from White Birch for US$34.2 million cash. The site's newsprint machine will later be converted to recycled containerboard production.
PacTec Inc. will invest $2.5 million to expand its Clinton manufacturing site in East Feliciana Parish, Louisiana, building a 40,000-square-foot facility and modernizing an existing 40,000-square-foot building. The expansion retains 95 jobs and creates 15 new direct jobs.
Green Bay Packaging awarded Voith Paper a complete production line order for a new testliner paper machine (PM 4) at its Green Bay, Wisconsin mill, with commercial production planned for early 2021.
Accredo Packaging has begun phase III of its 32-acre Sugar Land campus, adding over 200,000 square feet of warehouse and manufacturing space at a cost of about $50 million and 175 new jobs.
Montréal-based Transcontinental acquired the Americas flexible-packaging business of Coveris Holdings, a Chicago-based plastics products manufacturer owned by Sun Capital, for $1.72 billion.
KHS USA, the North American unit of KHS GmbH, acquired Scandia Packaging Machinery Co., a maker of compact packaging machines based in Fairfield, New Jersey, and Scandia will operate as KHS USA at its Sarasota, Florida site. Terms were not disclosed; the deal was announced on July 6, 2018.
Ball and Platinum Equity formed a joint venture, Ball Metalpack, a standalone US maker of steel containers. Platinum Equity holds 51% and Ball keeps 49%, with Ball receiving $600 million in pre-tax proceeds.
Japan's Kyoto Seisakusho acquired Chicago-based PMI Cartoning, which became PMI Kyoto Packaging Systems as of July 1, 2018. The deal gives Kyoto Seisakusho a route into the North American market.
CompanyBox has purchased an HP PageWide C500 digital press for its greenfield all-digital corrugated packaging plant in Charlotte, North Carolina. The press is scheduled for installation in fall 2018 and will be its largest digital investment.
American Packaging Corporation's new 215,000 square-foot facility in Chili, Monroe County, is operating, after phase one of an expansion with nearly $50 million invested. The company has hired 70 people so far and plans up to 260 new full-time jobs over five years.
US packaging materials and equipment provider Shorr Packaging moved into a new facility in the Los Angeles area to meet growing regional demand. It will serve customers in the Inland Empire, Los Angeles, Orange and San Diego counties.
Ball Corporation and Platinum Equity agreed to form Ball Metalpack, a steel container packaging joint venture in which Platinum holds 51% and Ball 49%. Ball contributes its U.S. tinplate steel food and aerosol plants and receives over $600 million in pre-tax proceeds.
Mondi is adding manufacturing capacity and new equipment at its Jackson, MO facility to produce premium flat-bottom bags for food, pet food and personal care markets. The expansion will be fully operational by the third quarter of 2018.
Stone Canyon Industries, through subsidiary BWAY, agreed to acquire the parent of Industrial Container Services from Centerbridge Partners in a cash-and-stock deal with an enterprise value of about $1.0 billion. Closing is subject to regulatory approvals.
Green Bay Packaging plans to build a new paper mill in Brown County, Wisconsin, replacing its 71-year-old mill, with an investment reported as over $580 million. The project is expected to retain about 600 jobs and create up to 200 more by 2022, with the new mill running by 2021.
Miron Construction is a local contractor building the new Green Bay Mill for Green Bay Packaging, which will replace a 71-year-old paper mill and require nearly 1,000 construction jobs over 2.5 years.
Green Bay Packaging announced an investment of over $500 million to build a new 100 percent recycled paper mill in Green Bay and expand its shipping container division, with about 200 jobs expected statewide.
Winpak Portion Packaging expanded its rigid packaging plant at the LogistiCenter in Sauk Village, Illinois, with a 348,000 sq ft addition, doubling manufacturing, office and warehouse space. Construction began in April 2016 and was completed in Q3 2017, adding more than 100 jobs.
American Packaging Corporation completed the first phase of its new flexible packaging manufacturing facility in Chili, Monroe County, New York, in June 2018; the overall investment is $170 million across phases.
Rengo's Hong Kong subsidiary Tri-Wall Limited acquired an 80% membership interest in Aldez Containers, LLC, a heavy duty packaging manufacturer headquartered in Michigan, through a wholly owned subsidiary. The deal was announced on 1 June 2018.
Pregis is investing about US$6 million in a second multilayer blown film line from Windmoller & Holscher at its Pregis Films facility in Grand Rapids, Michigan. The article is dated May 31, 2018.
International Paper announced it will build a state-of-the-art corrugated packaging plant in Atglen, Pennsylvania, employing about 150 people. Construction was set to begin in Q1 2022 with full operation expected in Q1 2023.
Coastal Corrugated is investing $3.25 million in new equipment and machinery at its corrugated packaging facility in North Charleston, South Carolina, to increase production efficiency. The company reported no new jobs associated with the investment.
Austrian packaging maker Alpla plans a $21 million plastic packaging plant of 154,000 square feet in a NorthPoint Development warehouse near Dayton International Airport, creating 50 jobs.
Richmond-based TemperPack will invest $10.4 million to establish a manufacturing operation in Henrico County, Virginia, creating 141 new jobs. It will be the company's second Virginia facility.
Beverage developer Imbibe has collaborated with Ball Corporation to use its Widget Inside aluminium can technology for nitrogen-infused beverages, with plans to extend the concept to tea, juice and protein water.
Stik-Pak Solutions, a contract packaging firm, will invest $14.3 million to relocate and expand its Franklin County operation into a new 100,000 sq ft facility in the Summit View Business Park. The project is expected to create 50-60 new jobs within six years, with phase one completed by late 2019.
Dow Packaging & Specialty Plastics, Berry Global and Ampacet are collaborating with Oskar Blues to produce the first printed collation shrink packaging in the US for its 24-can variety cases. The packaging was piloted in 2017 and has grown more than 300 percent through national retailers.
Lindal Group held a ribbon-cutting for its new 100,000 square foot facility in Columbus, Indiana, hosting manufacturing, R&D, offices and warehousing for aerosol packaging, part of over $20 million of US investment.
Rengo subsidiary Triwall Corporation acquired an 80% stake in Aldez Containers, a heavy-duty corrugated packaging manufacturer headquartered in Almont, Michigan with plants in Texas, Ohio and Kentucky.
Green Bay Packaging Inc. announced the acquisition of Wisconsin Packaging Corp., a corrugated sheet plant in Fort Atkinson, Wisconsin, effective May 31, 2018.
DS Smith Plc agreed to acquire Corrugated Container Corporation, a family-owned corrugated packaging company with about 190 employees at four operations in Tennessee, North Carolina and Virginia. The deal follows DS Smith's purchase of Interstate Resources.
Filtration Group Corporation completed its acquisition of Multisorb Technologies, a Buffalo, New York maker of active packaging sorbent solutions with over 450 employees. The deal was announced as closed on 30 April 2018.
Greif announced plans to open a new CorrChoice sheet feeder facility in the Mid-Atlantic region of the United States, with a corrugator and litho-laminator line and about 80 jobs. The announcement was made on 27 April 2018.
Shorr Packaging Corp. announced a new 125,000 square-foot distribution and warehouse facility in the Tech Park area of La Vergne, Tennessee, near Nashville, consolidating several local warehouses. The announcement was made in April 2018.
ISOFlex Packaging opened a third production line at its Daviess County, Indiana facility, investing more than $4 million to add 700,000 to 800,000 pounds of blown film per month. The line adds six jobs, bringing the plant total to 38.
Japan-based Takigawa Corporation broke ground on its first US manufacturing facility, a 148,000 sq ft greenfield plant on 18 acres in Bardstown, Kentucky, producing high-impact consumer packaging. The facility will create about 180 jobs.
London-based Bunzl plc reportedly acquired Monte Package Company, a 92-year-old packaging supplies manufacturer in Hagar Township, Riverside, Michigan, as disclosed in its first-quarter results. The price was not disclosed.