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.
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.
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.
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.
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.
Avantium N.V. and Plastipak signed a conditional offtake agreement for Plastipak to purchase PEF polymer from Avantium's FDCA Flagship Plant for food and beverage packaging in the United States.
Avantium N.V. signed a conditional offtake agreement under which Plastipak Packaging will buy bio-based PEF polymer from Avantium's FDCA Flagship Plant for beverage and food packaging in the United States.
Graphic Packaging International is building a recycled paperboard manufacturing facility in Waco, Texas, with machine installation underway. The site is on track to ramp up in late 2025.
SupplyOne, a North American packaging distributor, has acquired Gulf Packaging, a corrugated box converter with production facilities in Bay Minette and Tallassee, Alabama. The deal strengthens SupplyOne's presence in the Southeast.
Suzano completed its $110 million cash purchase of a paper mill in Pine Bluff, Arkansas and an extrusion facility in Waynesville, North Carolina from Pactiv Evergreen on October 1, 2024. A long-term supply agreement has Suzano supplying liquid packaging board and cupstock to Pactiv.
Coca-Cola Consolidated has announced a $25 million expansion at its West Memphis, Arkansas production facility, adding in-house blow molding of bottles and more than 25 jobs. Output is to rise from 26 million to 29 million cases a year.
Carton Service is expanding its liquid packaging production facility in Shelby, Ohio, with over $10 million in new printing, sealing and lab equipment and plans to add 20% more staff.
Family-owned corrugated packaging maker Welch Packaging has joined forces with Capitol City Container Corp (Cap City Container) in Indianapolis to strengthen its Midwest position. Specific terms were not disclosed.
Cryopak, a North American maker of temperature-sensitive packaging, has been selected as a contracted cold chain packaging partner for Vizient Pharmacy Aggregation Groups members.
Kelso-backed Novvia Group, a rigid container and life sciences packaging distributor, has acquired container supplier Liquid Bottles.
Norway-based packaging maker Elopak will invest an additional $25 million in its Port of Little Rock facility to expand production capacity, bringing the project total to $95 million. The first production line is already sold out.
Carton Service CSI is investing more than $10 million to expand its liquid packaging production facility in Shelby, Ohio, adding new printing, skiving and sealing equipment and a packaging laboratory, plus 20% more staff.
Altium Packaging opened a bottle blowing facility adjacent to Milo's Tea Company's plant in Bessemer, Alabama, to produce its one-gallon containers, creating 35 jobs. The facility began operations in summer 2024 and was formally opened September 4, 2024.
Blower-Dempsay Corporation acquired the Corona, California assets of US Display Group, effective August 30, 2024, adding digital printing and high-end graphics packaging capabilities. The facility will be rebranded under Pacificorr Graphics & Displays.
Veritiv, a specialty packaging distributor, entered a binding agreement with Orora (ASX: ORA) to acquire its North American packaging distribution and manufacturing business, Orora Packaging Solutions. The deal would strengthen Veritiv's specialty packaging distribution platform in North America. The value was not stated in the excerpt.
Menasha Packaging announced a commitment of over $50 million to expand its North American preprint capacity, adding an 8-color press and automation and robotics, with 25-30 new jobs in the Fox Valley area of Wisconsin.
Mill Rock Packaging, a Mill Rock Capital portfolio company, acquired the Woodland, California packaging and laminating assets of Everett Graphics, a folding-carton producer. No financial terms were disclosed.
Colliers' Herbst|Morgan team finalized a new lease for Altium Packaging on a 28,787 square foot finished goods warehouse in Vancouver, Washington, supporting its regional expansion.
Colliers' Herbst|Morgan team finalized a long-term extension of Altium Packaging's lease on a 149,372 square foot production plant in Chino, California.
Amtech Software and Opus Packaging confirmed a partnership to deploy Amtech's EnCore ERP software across five Opus Packaging corrugated packaging facilities in Indiana, South Carolina, Michigan and Ohio.
Developer Ashley Capital leased the first half of the first building at the Flint Commerce Center, the former Buick City site, to GM supplier Victory Packaging as its first new tenant, reported on August 14, 2024.
Reliance Packaging announced on August 14, 2024 a more than $7.4 million expansion of its Aberdeen, North Carolina plastic packaging plant, adding two multi-layer film extruders and 32 new jobs.
SupplyOne, a custom packaging distributor and manufacturer, announced on August 13, 2024 that it is growing across the U.S. and into Canada with new locations in Portland, Seattle and Toronto, and is seeking acquisition partners.
Sustainable packaging maker Meyers has agreed to acquire substantially all assets of Johnson Printing and Packaging Corporation (JPP) to expand its folding carton business. Financial terms were not disclosed.
Family-owned corrugated packaging maker Welch Packaging has started up a new corrugator facility, OHCorr, in Wooster, Ohio, to produce corrugated sheets for its box plants. The site is in Wooster's Innovation Park.
Amtech Software will deploy its EnCore ERP platform across five Opus Packaging manufacturing facilities in the US to improve efficiency and productivity. The system adds cloud-based access and automation.
Packaging Corporation of America is replacing its existing corrugated products plant in Phoenix with a new greenfield facility expected to be operational in spring 2025. The new plant will more than double the site's capacity to over 2 billion square feet of production per year.
US packaging maker Plastipak will supply Kraft Heinz with containers made from 100% food-grade recycled PET. The article is paywalled, so only the headline details are confirmed.
Axium Packaging has opened a $36 million, 130,000-square-foot plastic packaging plant in Archdale, North Carolina, its first in the Carolinas. The plant is about 15 miles southwest of Greensboro and will bring new jobs, though no number is given.
Nightfood Holdings has signed a letter of intent to acquire SWC Group, doing business as Carryoutsupplies.com, a US wholesaler of custom takeout packaging for foodservice, in an all-stock transaction through its subsidiary Future Hospitality Ventures Holdings.
Green Bay Packaging broke ground on July 9, 2024 on a new 270,000 square foot facility for its Great Lakes Packaging Division in Germantown, Wisconsin, with operations expected in fall 2025 and 20 additional jobs planned.
Hood Container Corporation agreed to buy the packaging assets of Independent II, LLC, including its corrugated, design and manufacturing operations in Louisville, Kentucky. The transaction is expected to close in the near future.
WestRock broke ground on a highly automated corrugated box plant in Pleasant Prairie, Wisconsin, a $140 million project with more than 580,000 square feet, expected to open in April 2025. The plant is one of WestRock's superplants and will lead to the closure of a North Chicago, Illinois facility.
LMI Packaging announced a 50,000-square-foot addition to its Pleasant Prairie, Wisconsin building, bringing its manufacturing footprint to just over 120,000 square feet to support warehousing, manufacturing and machine capacity.
US corrugated and folding carton maker McLean Packaging purchased a Scodix Ultra 6500 SHD digital enhancement press from Scodix, confirmed at drupa. McLean has three production facilities and over 200 employees.
Packaging manufacturer Berkley announced the acquisition of family-owned corrugated sheet plant Sisco Corporation, based in Nashville, Illinois, to expand its in-house corrugated manufacturing.
Kraus-Anderson Construction completed an 89,856-square-foot expansion of Menasha Packaging's facility in Pelahatchie Industrial Park, Mississippi. Menasha, which invested $79 million in the project, will add 21 jobs to its 95 existing employees.
SupplyOne, a Wellspring Capital portfolio company, has acquired Columbia Corrugated Box Co., which operates in Oregon, Washington and Northern California. Footprint Capital acted as exclusive sell-side advisor. The deal was announced June 2024.
Welch Packaging, a custom corrugated products manufacturer, acquired Michcor Container Inc., a corrugated box manufacturer in Grand Rapids, Michigan, founded in 1981. Specific terms were not disclosed. The announcement was made on 2024-06-03.
Delmarva Corrugated Packaging held the grand opening of its 465,000-square-foot plant in Dover, Delaware, a $91 million investment that created 160 jobs. The plant has been operating since 2021 and is served by the Delmarva Central Railroad.
Green Bay Packaging Inc. has acquired SMC Packaging Group of Springfield, Missouri, a corrugated packaging company with plants in Missouri, Arkansas and Oklahoma. The transaction closed May 31, 2024 and was announced June 6, 2024.
Greif is nearing completion of a new bulk corrugated manufacturing facility in Dallas, Texas, making triple wall sheets and jumbo boxes, expected to be operational in spring 2024.
EFP, LLC held a grand opening for its sixth location, a protective packaging and cold chain plant in the Lee County Industrial Park in Bishopville, South Carolina. The $15 million investment is expected to create over 30 jobs.
Vancouver-headquartered Wildpack Beverage agreed to acquire Michigan-based Land & Sea Packaging for US$37.3 million, with all employees transferring to Wildpack. Land & Sea brokers about 90 million aluminium cans a year.