Ortec, a biomaterial and polymer technology company, plans to invest $20 million to expand its existing Pendleton facility in Anderson County, South Carolina, creating about 18 new jobs. Hiring is projected to begin in the second quarter of 2019.
Danone SA signed a multi-year packaging supply agreement with Loop Industries to buy 100% sustainable, upcycled Loop-branded PET produced at Loop's joint venture facility with Indorama Ventures in the US.
Toray Plastics (America) is investing in a new 8.7-meter polypropylene film line at its North Kingstown, Rhode Island plant, with start-up anticipated in 2020. The project includes a new building to house the equipment.
Technical Precision Plastics has merged its operations with IntraPac International, a specialty packaging company owned by Oncap. TPP has facilities in Mebane, North Carolina and Haina, Dominican Republic.
Alpek Polyester's operational subsidiary DAK Americas has agreed to acquire the Perpetual PET recycling plant of Perpetual Recycling Solutions in Richmond, Indiana, with capacity of 45,000 tonnes of rPET flake per year; financial terms are undisclosed and completion is scheduled for Q1 2019.
Private equity firm Graham Partners invested in Nuconic Packaging of Vernon, California, a thermoformed PET food packaging supplier, to build a nationwide packaging platform with Tray-Pak and EasyPak. No financial terms were given.
The US FTC granted early termination of Alfa, S.A.B. de C.V.'s acquisition of M&G Resins USA, LLC, a resin producer, on December 21, 2018.
INEOS Styrolution made the final investment decision to build a new 100kt ASA plant at its Bayport, Texas site, with start-up scheduled for 2021. WorleyParsons was awarded the engineering, procurement and construction contract.
Rohrer Industries, owned by ShoreView Industries, acquired Addison, Illinois-based Transparent Container, a retail packaging maker with more than 400 employees, adding thermoforming capacity. CFI USA acted as sell-side advisor. The announcement was dated 2018-12-13.
Nestlé Waters North America signed an agreement with recycled PET supplier CarbonLITE, which is building a third facility in Pennsylvania expected to produce 80 million pounds of rPET pellets per year.
Indorama agreed in late December 2018 to acquire an Alabama PET recycling facility from Custom Polymers, with combined annual capacity of 31,000 tons.
JBB Packaging will open a plastic film manufacturing facility in Weldon, Halifax County, North Carolina, investing $11 million and creating 50 jobs. The facility will recycle plastics and produce flexible packaging and garment bags.
CarbonLITE plans a new 200,000-square-foot rPET processing facility in the Lehigh Valley area of Pennsylvania, expected to be in full production by early 2020. It is expected to produce 80 million pounds per year of food-grade rPET pellets.
Nylene broke ground on Nov. 13, 2018 on an $8 million expansion at its Henderson, Kentucky plant, adding an 80,000 sq ft building and 40 jobs, with completion expected by July 2019.
Sinclair & Rush, through its VisiPak division, completed the acquisition of thermoform packaging maker MasterPac Corporation of St. Louis, Missouri, expanding VisiPak's thermoforming capacity. Production continues at existing MasterPac sites.
Carolina Poly Inc., which markets products under the Husky brand, is spending $25 million to expand operations in Chester, South Carolina. The announcement was reported in November 2018.
Plastipak Packaging will invest $10 million in its Garland, Texas production facility, a roughly 400,000 square foot plant operating since 1996, expected to create six new jobs.
Glenroy Inc. of Menomonee Falls, Wisconsin, was selected as the exclusive converter of the new premade STANDCAP Pouch, which it produces using VOLPAK converting technology. The pouch was shown at PACK EXPO International 2018.
Rubber and plastics manufacturer Lavelle Industries is expanding its operations in Burlington and Whitewater, Wisconsin, with up to $14 million in investment over three years. The expansion is expected to create 70 new jobs and is supported by state tax credits.
Rohrer Corporation, a ShoreView portfolio company, acquired Transparent Container, a Addison, Illinois maker of retail packaging with more than 400 employees and six locations. The deal adds thermoforming capacity to Rohrer's packaging business. It was announced on October 1, 2018.
Danimer Scientific will locate a fermentation facility in Winchester, Kentucky, investing $36.2 million to produce its Noda PHA biopolymer and create 37 full-time jobs. Operations are targeted to start in Q4 2019.
IntraPac International, a North Carolina rigid packaging manufacturer, acquired Quality Plastics, an Arizona-based maker of extrusion blow molded plastic containers. The deal was announced on September 24, 2018.
Blue Wolf Capital portfolio companies Pearl Technologies and TGW Holdings merged to form Edge Industrial Technologies, a machine knife, blade and packaging manufacturer headquartered in Wilder, Kentucky, with plants in England, the US and India.
Green Leaf, parent of TerreMax, has completed construction of a new 45,000 sq ft warehousing and order processing facility in the American heartland for its fluid flow products.
Craft brewer Oskar Blues worked with Dow Packaging and Specialty Plastics, Berry Global and Ampacet to develop a printed co-extruded shrink film for its 24-can cases, which cut its packaging costs by 40 percent.
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.
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.
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.
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.
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.
Uponor North America completed renovations on its $6.35 million, 237,000-square-foot manufacturing facility in Hutchinson, Minnesota, bought in July 2017, six months ahead of schedule. PEX pipe production is underway.
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.
Stockwell Elastomerics added a Sodick GL30A-LSR press to expand its micro liquid silicone rubber molding capacity, improving precision, throughput and lead times.
Stockwell Elastomerics announced a total investment of more than $8 million to expand its manufacturing footprint, production capabilities and technical workforce for custom silicone gaskets and elastomeric components.
Uponor North America began producing PEX plastic pipe at its newly purchased 237,000-square-foot Hutchinson plant, six months ahead of the original 2019 schedule. The $6.35 million investment was announced in July 2017.
Berry Global plans to invest nearly $16.5 million to install two blown film extrusion lines at its existing Bowling Green, Kentucky facility, creating 20 full-time jobs. The announcement was made on 4 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.
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.
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.
Petoskey Plastics will invest $29.6 million to add 30,000 square feet to its Morristown, Tennessee polyethylene film facility in Hamblen County, creating about 70 jobs over five years.
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.
ProAmpac, a portfolio company of PPC Partners, acquired Pactech Packaging, which manufactures flexible packaging such as pouches, bags and liners with zippers and spouts. Its products serve government, military, aerospace and automotive supplies.
Consolidated Container Co. acquired the assets of PolyCycle Solutions, a manufacturer of large-format plastic water containers in Irwindale, California, from DS Services of Lakeland, Florida. The deal expands CCC's large-format water production.
DowDuPont announced about $100 million of investments over two years to expand capacity and modernize the Sabine River Works plant in Orange County, Texas, for Surlyn, Nucrel, Fusabond and Vamac specialty materials, with phased output starting in 2020.
Bain Capital Private Equity announced the acquisition of World Wide Packaging LLC, a provider of cosmetic packaging components and plastic tubes. Bain also agreed to buy a Chinese cosmetics packaging maker and plans to merge the two companies.
F.M. Howell & Company is expanding at its Elmira, New York sites, installing new manufacturing and printing equipment for its Howell Packaging division and buying a thermoformer for Howell Plastics. The project, supported by an $800,000 capital grant from the Southern Tier REDC, will create 14 jobs and retain 182.
Newark, New York flexible packaging maker Maco PKG became the third North American licensee of Dow's PacXpert stand-up pouch technology, to manufacture, sell and co-pack it in North America.
MonoSol, a Kuraray division, will initially invest US$72 million to build a 150,000-square-foot water-soluble film manufacturing facility in Lebanon, Indiana, expected to create up to 89 jobs by mid-2020. The site adds about 18 percent to existing global capacity.
Rubber and plastics manufacturer JDS Technologies will invest $2.2 million to establish a new manufacturing facility in Winfield, Scott County, Tennessee, creating about 110 jobs over five years. The company will refurbish a former American Bag Company building.