Plastilene Group opened its Sustainable Food Packaging Innovation Center at the Rocktenn building in Washington Court House, Ohio, its first US facility, on Wednesday June 7, 2023. The $47 million facility is expected to create 58 new jobs.
Asahi/America opened its newly constructed 59,000-square-foot fabrication facility in Paulina, Louisiana, for large-scale thermoplastic pre-fabrication. The facility operates as Asahi/America - PPI and was celebrated with a grand opening on June 1, 2023.
good natured Products signed a two-year contract to supply GoodGuard tamper-evident Bio-PET packaging to a regional US snack food producer, produced at its Houston, Texas facility. Revenue of about USD 1.2 million is expected in the first year, with first shipment in Q3 2023.
Paragon Films held a groundbreaking in April 2023 for a 70,000-square-foot expansion of its stretch film plant in Taylorsville, North Carolina.
Charter Next Generation plans a 200,000-square-foot specialty film expansion in Milton, Wisconsin, as part of a broader $270 million investment in Wisconsin.
Berry Global began a 25,000 sq ft expansion of its Lewisburg, Tennessee stretch film facility, adding cast lines and 10 jobs, for completion by early 2024.
TricorBraun entered an exclusive agreement to supply BioBottles biodegradable plastic bottles to the nutraceutical industry in the US and Canada. The bottles use Symphony Environmental's d2w oxo-biodegradable technology, developed by Better Earth.
Golden Triangle Polymers, a joint venture of Chevron Phillips and QatarEnergy, has named contractors for its $8.5 billion polyethylene plant in Orange, Texas, which is expected to employ about 4,500 construction workers. Production is expected to begin in 2026.
Packaging designer and distributor TricorBraun signed an exclusive agreement to offer BioBottles' fully biodegradable bottles to nutraceutical companies in the US and Canada.
Emerson will supply automation technologies, software and control systems for the Golden Triangle Polymers Project in Orange, Texas, a $8.5 billion ethane cracker and polyethylene complex. Operations are expected to begin in 2026.
LyondellBasell signed a definite long-term contract with Nexus Circular for about 24,000 tons of advanced recycled feedstock per year, produced at Nexus's new facility, for use at LyondellBasell's Channelview, Texas plant.
US private equity firm Shore Capital Partners announced a partnership to invest in Container Services (CSI), a Hillsboro, Kansas maker of PET and HDPE blow-moulded plastic containers, to fund growth and acquisitions. The announcement was made on February 14, 2023.
Engineered Foam Packaging, a J.B. Poindexter subsidiary, plans to establish a 117,000-square-foot facility in Bishopville, Lee County, investing $15 million and creating 53 jobs. Operations are expected online by August 2023.
Axium Packaging is investing $45 million to construct a new facility called Vertix in New Albany, Ohio, which will also house a new product line for recycled plastic packaging.
Sealed Air (NYSE: SEE) signed a definitive agreement to acquire Liquibox, a manufacturer of Bag-in-Box sustainable packaging and dispensing solutions, for $1.15 billion on a cash-free, debt-free basis. Liquibox had estimated 2022 revenue of $362 million.
IPACKCHEM, backed by SK Capital, acquired a majority stake in TPG Plastics from Beaconhouse Capital Management. IPACKCHEM plans to support TPG's expansion and bring its in-mould fluorination technology to North America.
Novolex is investing $10 million to expand plastic bag and polyethylene film recycling capacity at its North Vernon, Indiana facility, producing up to 28 million pounds of recycled content per year.
Nelipak Healthcare Packaging will build a new flexible packaging production site in Winston-Salem, North Carolina, its first in the Americas, with about $20 million capital investment and roughly 80 new jobs.
Imaflex USA, the US arm of Montréal-based Imaflex, will invest up to $15 million and add 37 jobs for a building expansion and equipment at its Thomasville plant in Davidson County, North Carolina.
Good natured Products signed a three-year commercial contract with a large U.S. food producer to supply packaging made from Bio-PET-based material and recycled content, produced at its Ontario and Illinois facilities.
German packaging maker Papier-Mettler acquired an industrial building in Moorefield, West Virginia, in May and will invest $48 million to create up to 100 jobs there, its first US production plant.
Sinclair & Rush, Inc. completed its acquisition of Indepak Corporation, a Portland, Oregon thermoform manufacturer of custom trays, blisters and clamshell packaging. The deal adds thermoforming capacity and a west coast manufacturing footprint.
Scholle IPN will invest $31.1 million to expand its Smyth County operation by 73,000 square feet, adding new film extrusion and packaging lines and 75 jobs, plus new rail track for resin deliveries. The announcement was made on June 1, 2022.
TotalEnergies and New Hope Energy agreed that New Hope will build an advanced recycling plant in Texas processing over 310,000 tons per year of mixed plastic waste, with TotalEnergies buying 100,000 tons of recycled feedstock for polymer production. Production is expected to start in 2025.
Uponor North America opened a $5.5 million, 25,000 sq ft expansion of its Hutchinson, Minnesota facility, raising PEX-a pipe extrusion capacity by more than 10%.
Cabka N.V. entered a long-term supply agreement with US retailer Target for reusable large foldable plastic containers for its nearly 2,000 US stores. The initial order represents about EUR 13 million in 2022 revenue.
Brook + Whittle has acquired Diamond Flexible Packaging, a family-owned flexible packaging and converting company in Northbrook, Illinois, adding five pouch lines and bag-making capabilities.
Korean piping manufacturer COSMOIND Co. will invest more than $12.8 million to build its first North American campus, a 128,000 sq ft facility in Middlesex, Nash County, North Carolina, creating 168 jobs. The announcement was made May 10, 2022.
good natured Products Inc. entered a definitive agreement to acquire the business and operating assets of FormTex Plastics Corporation, a Houston custom plastic packaging manufacturer, for $4.8 million USD cash, subject to closing adjustments.
Novvia Group acquired Southern Container, a Dalton, Georgia distributor of intermediate bulk containers, plastic and steel pails and drums, and other rigid packaging. The terms were not disclosed. The deal closed on April 25, 2022.
East Jordan Plastics, a horticultural container maker, will invest over $44 million in a new 255,500 sq ft facility in Lyons, Toombs County, Georgia, creating 80 jobs.
Klöckner Pentaplast committed to a multimillion-dollar expansion at its Beaver plant in Raleigh County, West Virginia, to add post-consumer recycled PET production for North America. The plant was previously named the company's Plant of the Year.
Darnel Inc. will invest about $16 million over five years to expand its Monroe, North Carolina plant, including a 60,000-square-foot warehouse and new production equipment, and create about 20 jobs. Union County and the City of Monroe approved incentive grants of up to $352,000 and $320,000.
Glenroy Inc. announced on March 8, 2022 the addition of a Tandem Adhesive Laminator at its Menomonee Falls, Wisconsin facility to increase capacity for high-barrier laminations, recyclable pouches and stand-up pouches. The machine will be ready for production in spring 2022.
Bericap SC LLC plans to add several production lines to its Cowpens, South Carolina plant by June 2026 with a $19.7 million investment. The expansion targets North American demand in water, dairy, soft drink and sports beverage markets.
Evergreen is adding a 54,000-square-foot building to its Clyde, Ohio facility to house four food-grade rPET manufacturing lines. Completion is expected in June 2022, raising annual rPET capacity to 217 million pounds.
Mississippi-based Summit Plastics Inc. is acquiring Clear View Bag Co. Inc., expanding its geographic presence and product line.
IPEX, part of Aliaxis, signed a stock purchase agreement on January 19, 2022 to acquire all shares of Virginia-based Harrington Corporation (HARCO), a manufacturer of gasketed fittings; completion is expected within weeks pending regulatory approval.
Colombia-based Plastilene Group will establish its first U.S. operation in Washington Court House, Fayette County, Ohio, a $47 million sustainable food packaging research and production facility expected to create 58 jobs.
Greif agreed to divest its 50% share in the Flexible Packaging joint venture to Gulf Refined Packaging for $123 million in cash, subject to conditions. The deal is expected to close by March 31, 2022.
Saint-Gobain acquired HyComp, a US aerospace manufacturer established in 1886 with about 120 employees, which supplies composite components. The announcement was made on March 12, 2018.
Graham Packaging is adding a new production line at its Altavista facility to make a new product for an existing customer. The line adds 42.6 million units per year and creates 12 jobs. It was announced November 19, 2021.
Direct Pack is expanding its existing Rockingham, North Carolina facility as part of its North American manufacturing growth. The expansion is linked to the integration of its vertical operations.
Evergreen acquired the Albany, New York (formerly UltrePET) and Amherst, Nova Scotia (formerly Novapet) rPET facilities from wTe Corp. in November 2021.
Evanesce Packaging Solutions, an investee of Billy Goat Brands, will open a new manufacturing facility in Hampton County, South Carolina on October 21, 2021, to produce millions of PLA straws per day, creating 78 jobs.
Pregis began production at its new $80 million blown film extrusion facility in Anderson, South Carolina, with a ribbon cutting attended by Governor Henry McMaster. The 168,000 sq ft plant is expected to create 120 jobs.
Alphapointe signed a new four-year agreement with Express Scripts Pharmacy to double its production of FDA-approved plastic prescription bottles. The deal increases cumulative full-time positions for blind employees to 24.
Silgan Holdings acquired Unicep Packaging, a precision dosing dispensing packaging maker with two plants in Spokane, Washington and Sandpoint, Idaho, for $237 million, with projected 2021 sales of about $45 million.
Irving Place Capital has agreed to sell Alpha Packaging, a St. Louis-based blow molder of bottles and jars, to Pretium Packaging, a Clearlake Capital portfolio company. Financial terms were not disclosed.
Berry Global is expanding its Lawrence, Kansas facility with new thermoform production lines and printers in an existing warehouse, investing $61 million and creating 84 jobs to meet demand for clear drink cups and lids.