Sealed Air will invest $10.4 million over three years and create 25 jobs as it expands and renovates its packaging manufacturing facility in Lenoir, North Carolina.
Japanese flexible packaging and high-performance films maker Takigawa Corp. will build a 180,000-square-foot manufacturing facility on a greenfield site in Bardstown, Kentucky, investing nearly $46 million and creating 180 full-time jobs.
Atlantic Packaging, part of Atlantic Corporation of Wilmington, plans a $1.65 million expansion in Youngsville, Franklin County, adding a 33,000 square foot facility off U.S. Highway 1 and at least four jobs.
Novolex, a portfolio company of The Carlyle Group, agreed to acquire certain assets and business operations of Shields Bag and Printing Co., a flexible packaging maker in Yakima, Washington. Terms were not disclosed and closing is expected near year end 2017.
Beverage company Reed's signed multi-year contracts with Owens-Illinois, which will be its exclusive North American glass container supplier, and R.C. Moore, its primary logistics partner. The deals were announced on December 5, 2017.
Reed's Inc. signed a multi-year contract naming Owens-Illinois its exclusive glass container supplier. The company expects lower glass costs starting in early 2018.
Cascades increased its holding in Greenpac Mill from 62.5% to 66.1% by acquiring an additional interest in Containerboard Partners. It also bought the Coyle family's 33% stake in Tencorr Holdings, a sheet stock maker for box producers, for a combined cost of about $21 million.
Japan's Kyoto Seisakusho acquired PMI Cartoning, Inc. of Elk Grove Village, Illinois, to form PMI KYOTO Packaging Systems, which will keep operating from the Illinois site and offer cartoners, case packers, over-wrappers and palletizers.
ONCAP, the mid-market private equity platform of Onex, acquired IntraPac International, a specialty rigid packaging maker, from funds managed by CI Capital Partners on December 4, 2017. Terms were not disclosed.
Praxis Packaging acquired Unette Corporation of Randolph, New Jersey, a personal care packaging company, expanding its offering to liquid, cream and paste products in tubes, bottles, jars and stick packs.
U.S. Corrugated, Inc. expanded its corrugated box plant in Santa Fe Springs, California, with support from a Southern California economic development team and incentives.
Amcor Rigid Plastics opened an on-site bottle manufacturing operation at Campbell Soup's Paris, Texas plant, investing $7 million to repurpose 6000 sq ft. The line is expected to produce about 50 million hot-fill PET bottles per year.
TC Transcontinental completed its acquisition of Ultra Flex Packaging Corp., a flexible packaging supplier in Brooklyn, New York with close to 300 employees, on October 1, 2015. The deal was announced September 1, 2015. Price was not disclosed.
Tetra Pak is investing 30 million euros in its Denton, Texas converting factory, including a new laminating machine, and will move part of production from Mexico to Denton. The new machine is expected in production by the end of 2018.
Skybox Packaging plans an 88,000 square-foot expansion of its Mansfield facility at 1275 Pollock Pkwy with a $3.3 million building investment, plus $2 million for machinery and $1 million for inventory. The project is expected to create 28 jobs, announced November 21, 2017.
Fort Smith's board unanimously approved tax incentive resolutions to help attract Silgan Plastic Food Containers to a planned 100,000 square foot manufacturing facility, which could create 150 jobs by its third year. The chamber said the project was not yet a done deal.
Graham Partners, a private investment firm, announced its acquisition of EasyPak LLC, a thermoformed packaging provider headquartered in Leominster, Massachusetts. Atlas Advisors acted as exclusive financial advisor on the sale, and management retains a minority stake.
Huhtamaki North America selected Miller Valentine Construction to renovate about 942,000 SF of the old Ford Motor Company transmission plant in Batavia, Ohio, adding 44 dock doors, two parking lots and a 25,000 SF office area.
Packaging Corporation of America plans a $150 million investment replacing a paper machine at its Boise Paper mill in Wallula, Washington, nearly doubling output to 400,000 tons per year of linerboard.
Greenpac Mill and Diamond Packaging have partnered with Covanta's Niagara Falls, New York waste-to-energy facility, which burns their nonrecyclable waste to produce steam piped back to the Greenpac linerboard mill.
Alpla is developing a 180,000-square-foot plant near Allentown, Pennsylvania, hiring 80 people to produce containers for food, household and cosmetic products.
Belgian food packaging and serviceware maker deSter is setting up a new production facility in Lima, Ohio, to produce service items for the foodservice and travel industry closer to its US customers.
Graphic Packaging Holding will acquire International Paper's North American consumer packaging business for $1.8 billion. The company says the combination with its mills would create an integrated packaging company with potential sales of $6 billion.
WestRock has entered into agreements to acquire substantially all of the assets of Plymouth Packaging, a corrugated packaging company known for its Box on Demand systems. The deal also includes Plymouth's equity stake in Panotec and its US and Canada distribution rights.
Dewitt Barrels Inc and DBI Recycling were sold to Industrial Container Services of Maitland, Florida, which plans to merge the Marne, Michigan company with an Illinois subsidiary. The founding family is retiring, and terms were not disclosed.
Nosco, a US printed packaging company, acquired New York-based insert and outsert manufacturer Gooding Company to grow its healthcare business and East Coast presence. The deal adds a manufacturing facility and an expanded range of folded solutions.
Graphic Packaging will own 79.5% of a new partnership combining its businesses with International Paper's North America Consumer Packaging business, with International Paper holding 20.5% valued at $1.14 billion. The deal was announced on 24 October 2017.
Tetra Pak is investing EUR 30 million to upgrade its Denton packaging material converting factory with a new laminator, moving some production from Mexico and expanding packaging capabilities for the U.S. and Canada, with full production expected by end of 2018.
German packaging firm Südpack has acquired Oak Creek-based Seville Flexpack for an undisclosed price, gaining two facilities totaling 156,000 square feet. All 40 employees will remain.
Sabert Corporation will open a new 450,000 sq ft manufacturing facility in Greenville, Texas, its first North American site making 100% compostable food packaging, expected to create about 125 jobs over three years with full operation by end of 2018.
Tetra Pak is investing $35.6 million (EUR 30 million) in factory upgrades at its packaging material converting plant in Denton, Texas, including a new laminator. The upgrades are expected to be completed by late 2018.
International Paper plans to invest about $300 million to convert its No. 15 paper machine at the Riverdale Mill in Selma, Alabama to whitetop linerboard and containerboard. The conversion, targeted for mid-2019, adds 450,000 tons of annual capacity.
Private equity firm J.H. Whitney Capital Partners acquired Accupac from H.I.G. Capital. Accupac provides outsourced manufacturing and packaging for pharmaceutical and OTC personal care manufacturers. The deal value was not disclosed.
TekPackaging, a unit of ESCO Technologies, was awarded an exclusive production contract for Thermoscan ear thermometer probe covers for worldwide distribution. The five-year contract is worth about $40 to $50 million, with an initial order of $11.7 million; the article is undated in its year and appears to be from 2009.
TricorBraun acquired Continental Packaging Associates, a family-owned packaging supplier serving food, industrial, pharmaceutical and cosmetic markets. The company will operate as TricorBraun and keep its management team.
Golden West Packaging Group acquired Heritage Solutions, Capital Corrugated, PackageOne and Packaging Innovators Corporation in Northern California. The deal created a West Coast lamination plant, and the group expects annual turnover above USD 250 million.
Menasha Corporation acquired ARI Packaging of Alsip, Illinois, a contract packaging and fulfillment provider with five facilities in three states. The business will operate within Menasha Packaging Company.
Ball Corporation will begin construction of a new beverage packaging facility in Goodyear, Arizona, expected to start production in Q2 2018 to serve demand for specialty cans in the southwestern U.S. No investment value was given.
Ball Corporation will cease production at its Birmingham, Alabama, Chatsworth, California, and Longview, Texas beverage packaging plants during 2018, eliminating about 309 jobs. Existing customers will be supplied from other Ball facilities, with an approximately USD 22 million after-tax charge.
Morris Packaging ordered a Hudson-Sharp 750SGBS pouch machine and a B&B-MAF side gusseted bag machine for its converting facility in Jefferson City, Missouri, following a 30,000 sq. ft. expansion. About 15-20 additional jobs are expected by Q4 2017.
Amcor Rigid Plastics is closing its Batavia, Illinois plastic bottle factory, eliminating 110 jobs, with a rolling shutdown from September 2017 until March 2018 and equipment to be sold.
Amcor Rigid Plastics expanded extrusion blow molded PP and HDPE bottle capacity at plants in Batavia, Illinois, Fort Worth, Texas, and Brampton, Ontario, creating 30 jobs in a multi-million-dollar expansion.
Packaging Corporation of America will convert its No. 3 paper machine at the Wallula, Washington mill into a 400,000 ton-per-year virgin kraft linerboard machine, starting in the second quarter of 2018.
Packaging Corporation of America agreed to acquire substantially all assets of Sacramento Container Corporation and related sheet operations in California for a cash price of $265 million. Closing is expected in early Q4 2017.
Pritzker Group portfolio company ProAmpac has acquired Clondalkin Flexible Packaging Orlando, a maker of lidding foils and films, from Clondalkin Group. No financial terms were disclosed.
Oliver Printing & Packaging Co. completed the acquisition of a majority stake in Pohlig Bros., LLC from Michael Gaffney, James Petit and WestRock, with Gaffney and Petit retaining significant ownership. Pohlig keeps its facilities and all employees.
St. Louis-based ALP Holdings acquired Atlas Labels & Packaging, a Kansas City, Kansas maker of printed packaging and promotional products. The sale closed June 30, 2017, and terms were not disclosed.
Dart Container Corporation plans a $40 million expansion that enlarges its Mason, Michigan manufacturing facility from 215,000 to 330,000 square feet and adds a new 250,000 square foot technical and innovation center in Alaiedon Township.
Axium Plastics, a container, cap and closure maker headquartered in Columbus, Ohio, is investing US$25 million in a new plant in Jefferson City, Missouri, creating at least 70 jobs. The company will occupy an existing 50,000-square-foot building and add 75,000 square feet.
Cascades Inc. announced an investment of USD 80 million to build a new containerboard packaging plant in Piscataway, New Jersey, creating 120 jobs. Operations are due to begin in the second quarter of 2018 with annual capacity of 2.4 billion square feet.