Unicorr Packaging Group acquired corrugated packaging producer TriState Container Corporation, which operates three facilities in the Philadelphia area. The transaction closed in October 2023 and was announced January 24, 2024.
Accredo Packaging completed its fourth expansion at its Sugar Land headquarters, adding 83,000 square feet of office space for a $10 million investment and creating 30 jobs.
WestRock will close its existing corrugated box plant in North Chicago, Illinois, once the new Pleasant Prairie, Wisconsin facility is complete.
WestRock plans a state-of-the-art corrugated box plant of over 550,000 square feet in Pleasant Prairie, Wisconsin, for about $140 million, with construction expected in 2024 and completion in 2025.
ALPLA has acquired all shares of Fortiflex, Inc., a Puerto Rico-based plastic packaging manufacturer with production in Puerto Rico, Costa Rica and the Dominican Republic. The deal was contractually agreed on 22 December 2023.
Cascades converted the former Bear Island paper mill in Hanover County, Virginia into a recycled linerboard facility, announced in October 2020 with a $380 million investment. The first roll of containerboard was produced in May 2023.
TechnipFMC was awarded a major contract by bp for the Argos Southwest Extension in the Mad Dog field in the Gulf of Mexico. The work covers installing a pipe and umbilical to connect three new wells and manufacturing and installing pipeline end terminations.
Gradient, a startup making window-mounted heat pumps, is in line for $17.5 million in federal funding to establish a Michigan plant employing about 300 people with capacity of 100,000 units a year. The final contracts have not yet been signed.
Johnson Controls plans to expand heat-pump manufacturing at three U.S. plants with more than $33 million in federal funding plus matching funds, pushing output above 200,000 units a year and creating close to 1,000 jobs. Final contracts with the Department of Energy were not yet signed.
Republic Services' new Las Vegas Polymer Center will supply post-consumer PET flake to Circularix for food-grade recycled packaging. The Polymer Center started up in December 2023 with an estimated 100 million pounds per year capacity.
Circularix signed a supply agreement to source some of its postconsumer PET flake from Republic Services' Polymer Centers. Circularix's Hatfield, Pennsylvania site can produce 55 million pounds of food-grade rPET pellets annually.
TechnipFMC has been awarded a contract by BP for the Argos Southwest Extension project in the Mad Dog field, Gulf of Mexico. The work covers installing pipe and an umbilical to tie back three new wells, plus pipeline end terminations. The contract is described as significant, worth between $75 million and $250 million.
DRT Holdings announced the purchase of U.S.-based Custom Machining Corporation for an undisclosed sum; CMC joins DRT's Metal Packaging Systems segment, which makes rotary end coating systems for metal packaging.
Circularix, a producer of food-grade rPET pellets, agreed to source an unspecified portion of its postconsumer PET flake from Republic Services' polymer centers. Circularix operates a Hatfield, Pennsylvania plant and plans a second in Ocala, Florida.
GE Vernova signed a equipment and long-term services deal with Pattern Energy to supply 674 wind turbines for the 2.4 GW SunZia Wind project in New Mexico. It is the largest single onshore wind turbine order received by GE Vernova.
Fairbanks Morse Defense, an Arcline portfolio company, acquired Hunt Valve Company, a maker of naval valves and electromechanical actuators with facilities in Salem, Ohio and Montreal. Financial terms were not disclosed.
GEA began operations at a new 86,000 square-foot fabrication, repair, logistics and training facility in Janesville, Wisconsin, representing about USD 20 million of investment. The site employs over 70 people.
HCI Equity Partners-backed AmerCareRoyal acquired Thermosource Tooling and Manufacturing (TTM), a maker of thermoformed and flexible packaging in El Segundo, California. Financial terms were not disclosed.
Atlas Copco Group acquired the technology of Utah-based Hycomp Inc, a privately owned maker of high-pressure oil-free compressors and boosters with 37 employees and about USD 8 million in 2023 revenue. The purchase price was not disclosed.
Hood Container Corporation has acquired the corrugated packaging business of Sumter Packaging Corporation, including its Sumter, South Carolina operations and its Statesville, North Carolina facility.
Mursix Corporation acquired Aul Brothers Tool and Die, an automotive aftermarket tool and die business, with the deal finalized in mid-2023 and terms undisclosed. Aul Brothers production moved to Mursix's Park One headquarters and is expected to account for about 10% of sales.
Franklin Electric's subsidiary Headwater Companies acquired substantially all assets of LCA Pump, LLC, which operates Water Works Pump, a groundwater distributor in Springfield, MO. It will operate as a branch of Headwater Wholesale.
Fresh Mark, Inc. plans a new 38,000-square-foot expansion at its Lincoln Avenue plant in Salem, Ohio, adding 50 jobs and bringing the workforce to 800. Construction begins in January 2024 and the expansion is expected to be operational in July 2024.
Venturi Supply, a pipe, valve and fittings distributor, appointed Michael DiMino, former CEO of Tri Star Industrial, as its chief executive officer. DiMino has over 30 years of experience leading distribution companies.
Trive Capital formed Venturi Supply, a pipe, valve and fittings distributor headquartered in Phoenix, by combining six PVF distribution businesses. Venturi serves customers across 42 facilities in the U.S.
Prysmian and DEME Group won a Balance of Plant contract from Dominion Energy Virginia for the 2.6 GW Coastal Virginia Offshore Wind project. Prysmian's share is about €630 million for about 880 km of cables, with completion expected by 2026.
Beverage packaging company Multipack announced a $10.4 million production facility in Caddo Parish, Shreveport, Louisiana, creating 141 direct jobs, with production expected to start in Q3 2024.
Spartech will invest $4.9 million in new manufacturing equipment at its Muncie, Indiana facility, adding six full-time jobs and retaining 100, with a five-year tax abatement approved by the city.
Kodiak Gas Services agreed to acquire CSI Compressco in an all-equity transaction valued at about $854 million including $619 million of net debt, creating the largest contract compression fleet with 4.3 million horsepower.
H.I.G. Capital portfolio company SIAT Group bought a 50% stake in US-based Combi Packaging Systems from 3M, with terms undisclosed.
Atlas Packaging Inc. has acquired Republic Packaging of Florida in Miami, adding wood crating and expanded fulfillment services.
Fresenius Kabi has signed a multiyear supply and service agreement under which Mayo Clinic is expected to buy 10,000 Ivenix large-volume infusion pumps for its hospitals in Minnesota, Arizona and Florida.
BP Energy Partners, a Dallas private equity firm, acquired Odessa American Industrial Machine, a Texas repair and parts firm for compressor and engine equipment, from AAVIN Equity Advisors. FMI Capital Advisors was the exclusive financial advisor.
A&R Bulk-Pak entered a strategic partnership agreement with NOVA portfolio company Harbor Logistics, a transportation, logistics and warehousing provider in Charleston, South Carolina, in tandem with NOVA's acquisition.
NOVA Infrastructure acquired A&R Bulk-Pak, a South Carolina provider of contract packaging, transloading and warehousing for the petrochemical industry. No financial terms were disclosed.
AMETEK Dynamic Fluid Solutions and the former Bison Gear and Engineering Corp. have merged to form Bison, a business of AMETEK, Inc., making fluid-moving and motor drive products such as motors, blowers, pumps and gear motors. Manufacturing is in the US and Mexico with China facilities.
Petrosmith, an oil and gas production equipment manufacturer in Abilene, Texas, will invest $25 million over ten years to expand operations, creating 250 new jobs and retaining 415 existing jobs, supported by a $2.75 million DCOA incentive package.
Genera broke ground on a nearly $350 million expansion of its Sustainable Biomaterials Campus in Vonore, Tennessee, adding over 150,000 square feet and more than 230 local jobs for compostable molded fiber packaging production.
MAX Solutions, a packaging manufacturer, and Walker SCM, a transportation and logistics company, formed Unity Solutions, a joint venture offering turnkey packaging, fulfillment and logistics solutions with manufacturing and fulfillment facilities in logistics hubs.
Platte River Equity partnered with the management teams of TIPCO Technologies and HydraTech Industrial Solutions to form a national distributor of fluid conveyance and sealing solutions, operating as TIPCO Technologies with 30 locations in 13 states.
Liberty Coca-Cola Beverages will use WestRock's PETCollar Shield Plus paperboard carriers at its Philadelphia plant to replace plastic rings on multipack bottles, expected to be operating by summer 2024 and cutting about 200,000 pounds of plastic a year together with its existing mini-can packaging.
Elopak plans its first U.S. production plant in Little Rock, Arkansas, to make Pure-Pak gable-top cartons for dairy, juice and plant-based products. The investment is about USD 70 million and will create more than 100 permanent jobs.
Liberty Coca-Cola Beverages partnered with WestRock to replace plastic multipack rings with paper-based PETCollar Shield Plus carriers, eliminating 200,000 pounds of plastic annually. Installation begins summer 2024 at its Philadelphia facility.
Novvia Group, a packaging solutions provider backed by Kelso, acquired Ocean State Packaging. No deal value or location was given in the article.
Winsupply Inc. of Dayton, Ohio acquired Milford Companies, a distributor of pipe, valve and fitting and waterworks supplies with five locations in Texas, Oklahoma and New Mexico. Chase Brown will remain president.
Barcelona-based Quadpack signed a partnership with US injection moulder Colt's Plastics in Connecticut to produce its Regula Airless Refill range locally for Americas brands. Full-scale production is planned for 2024.
President Container Group acquired garment hanger pack and wardrobe box maker RHE Container Company, completing the deal in December 2023; the integration was announced in a June 2026 release.
York Container, part of Atlantic Packaging, started up its first greenfield corrugated box plant in Elgin, Illinois, with over 400,000 sq ft of manufacturing space producing corrugated sheets, brown shippers and graphic packaging.
Harrington Process Solutions, a US industrial products distributor, acquired PumpMan, a US pump, motor and valve maintenance provider with 11 locations. Financial terms were not disclosed.
DSS, Inc.'s subsidiary Premier Packaging signed a three-year contract extension with an existing client worth a minimum of $12 million, with a fourth-year option bringing potential revenue above $15 million.