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.
Gelpac, a Canadian packaging manufacturer, announced the acquisition of Standard Multiwall Bag Mfg. Co., a maker of industrial and food-grade multiwall bags with plants in Beaverton, Oregon and Lubbock, Texas. The deal was financed by CDPQ, W Investments and a bank syndicate led by National Bank of Canada.
TekniPlex Consumer Products plans a 200,000 sq ft specialty molded fiber manufacturing facility in Ohio, scheduled to start operations in early 2024. It is the company's eighth molded fiber facility and follows three recent acquisitions.
New-Indy reached an agreement with Georgia-Pacific to acquire Reliable Container, which has facilities in Santa Fe Springs, California and Tijuana, Mexico. The units will join New-Indy's Tripaq-Group converting operations on the West Coast.
Ardagh Glass Packaging North America signed a supply agreement to continue manufacturing all of Sprecher Brewing Company's glass beer and beverage bottles, including a redesigned custom 16oz bottle made at its Burlington, Wisconsin facility.
Cascades began production at its converted Bear Island, Virginia mill, which has annual capacity of 465,000 short tons of 100% recycled containerboard and 180 permanent jobs.
Novvia Group acquired Northern Container, a stocking distributor of industrial rigid containers based in Alsip, Illinois, in May 2023. Terms were not disclosed.
Rand-Whitney held a ribbon-cutting for its new 384,000 square foot corrugated packaging facility in Boylston, Massachusetts, costing $120 million. The plant has a BHS corrugator and can produce 300 million boxes annually.
B2B Industrial Packaging, a GenNx360 company, announced the acquisition of Millennium Packaging Inc., a South Elgin, Illinois provider of shrink film, stretch film, packaging equipment and corner board. It is B2B Industrial Packaging's 29th acquisition.
Canadian packaging firm Kruger has opened its first US corrugated plant in Elizabethtown, Kentucky, a $142 million facility with high automation. It is expected to employ 150 people and produce 2.4 billion sq ft of recycled corrugated boxes a year when fully operational.
Pleasant Prairie approved site and operational plans for a roughly 50,000-square-foot addition to LMI Packaging's facility. LMI plans to start construction in May 2023 and finish in November, and expects employment to rise to 200 or 300 full-time.
TPC Printing & Packaging plans a $21 million expansion in East Ridge, Tennessee, adding a 60,000 square foot building connected to its existing plant and more than 90 new jobs. The building is expected to be operational in October 2023.
Rusken Packaging is opening a new 440,000 square foot facility in Hazleton, Pennsylvania, expected to start running boxes in early May 2023. The site houses a BHS 110-inch corrugator and other converting equipment.
Cheer Pack North America developed a 5-oz flexible spouted refill pouch for ScottsMiracle-Gro's Ortho GroundClear weed and grass killer concentrate, the first of its kind in the weed control category.
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.
Charlesbank Capital Partners' portfolio company BOX Partners acquired The Packaging Wholesalers, a nationwide packaging distributor, in a transaction announced April 25, 2023. Financial terms were not disclosed.
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.
Crown Beverage Packaging is starting up a new module at its Mankato aluminum can plant that should increase end-making capacity by 65%. The plant supplies customers including Pepsi, Coca-Cola and Schell's Beer.
Graphic Packaging International announced a new facility in Waco, Texas, with a state-of-the-art coated recycled paperboard machine and 640,000 square feet of production and warehouse space valued at $1 billion. The company expects to create around 230 local jobs.
Clayco, JB2 Partners and ElmTree Funds broke ground on WestRock's new 410,000-square-foot corrugated box plant in Longview, Washington. Production is due to begin in fall 2023 and create about 40 jobs.
Packaging designer and distributor TricorBraun signed an exclusive agreement to offer BioBottles' fully biodegradable bottles to nutraceutical companies in the US and Canada.
Family-owned corrugated packaging company Welch Packaging acquired Nashville Box, a corrugated packaging supplier.
Canadian packaging maker Sterling Packaging, backed by Druid Capital, is investing $6 million in a new 60,000 sq.ft building at Monroeville Industrial Park in Alabama, creating up to 55 jobs. The announcement was made on March 5, 2023.
Holland, Michigan-based Bradford Group completed an asset acquisition of Partitions Plus LLC, a corrugated partition manufacturer in Findlay, Ohio. Operations continue at the 80,000 sq ft Findlay facility under former co-founder Ben Riblet.
Axium Packaging will invest $32 million to build a 150,000-square-foot manufacturing facility in Archdale, Randolph County, North Carolina, creating 118 jobs. Operations are expected to begin in 2024.
Canned beverage maker DrinkPAK is adding a third production line capable of 2,200 cans per minute at its campus on Needham Ranch Parkway in Santa Clarita Valley, California. The expansion will require up to 80 new hires by April 2023.
Danone North America will invest up to $65 million over two years at its Jacksonville facility to add a new bottle production line. The expansion will create 40 new jobs at the plant, which employs 110 people.
Menasha Corporation announced that President and CEO James M. Kotek will retire in March 2023, and its board appointed Christopher D. Drees as successor.
The Spearhead Group, a US packaging company, launched Bottle2Bag, a luxury textile bag solution woven from recycled plastic bottles for food, spirits and beverage clients.
Italian luxury packaging maker Pusterla 1880, backed by Andera Mid Cap, acquired a business unit of Burt Rigid Box in New York State and the entire capital of Taylor Box in Rhode Island, then merged them into Pusterla US, Inc. The deal was reported on February 15, 2023.
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.
Mill Rock Packaging Partners acquired Keystone Paper & Box Company, a folding carton maker based in South Windsor, Connecticut, marking its expansion to the Eastern U.S. Terms were not disclosed.
Inovar Packaging Group completed its acquisition of Cimarron Label and Western Printing, label businesses in Sioux Falls and Aberdeen, South Dakota, its eighth platform company.
Larsen Packaging Products, Inc. of St. Charles, Illinois, acquired Alpha Container, a Marysville, Ohio manufacturer and distributor of corrugated products and packaging supplies. The former owner's staff will continue under the Alpha Container name, and the deal expands Larsen into Ohio and Pennsylvania. The deal value was not disclosed.
Georgia-Pacific is investing $30 million to modernize its corrugated plant in Owosso, Michigan, with a new corrugator, converter and other equipment that adds double wall capability. Installation has begun and first production is expected by the end of February 2023.
Flexpak LLC completed its acquisition of Preferred Packaging Products Inc., a packaging distributor based in Thornton, Colorado, effective February 1, 2023. The deal extends Flexpak's regional footprint to Colorado.
German packaging maker Papier-Mettler acquired an industrial building in Moorefield, West Virginia, and plans to invest $48 million there, creating up to 100 jobs in its first US production plant.
Atlanta-based Graphic Packaging International announced it will invest $1 billion over three years in a new fiber-based consumer packaging facility in Waco, Texas. It is described as Waco's largest-ever capital investment.
The Robinette Company, a film and paper packaging manufacturer, will invest $10.3 million to construct a new 100,000-square-foot facility in Piney Flats, Tennessee, creating 70 new production jobs. The announcement was made with Governor Bill Lee and state economic development officials.
Sealed Air has closed its previously announced acquisition of Liquibox, a Richmond, Virginia maker of bag-in-box liquid packaging, for $1.15 billion on a cash and debt-free basis.
Trivium Packaging is finalizing a decision on two new lines at its Youngstown plant, which would add 93 jobs. Ohio approved an estimated $725,000 tax credit for the project, which competes with New York and Virginia; the company expects to decide by March 31.
Trivium Packaging is investing $51 million in two new aluminum monobloc production lines at its Youngstown site, adding 93 jobs to meet demand in aerosol and beverage markets.
US industrial packaging distributor B2B Industrial Packaging has acquired custom packaging supplier Next Press of Mahwah, New Jersey. It is B2B's 27th acquisition in 13 years.
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.
Polymer Packaging, Inc. acquired The William-Allen Company, a flexible packaging and container supplier with a 33,000 square foot warehouse in North Canton, Ohio. Terms were not disclosed.
EFP, a J. B. Poindexter subsidiary, has opened its first South Carolina plant in Bishopville, Lee County, a 117,000 sq ft facility for custom protective packaging and cold chain solutions. The $15 million investment was first announced in January 2023 and the company has hired 30 employees toward a planned 50.
Pusterla 1880 is merging with Burt Rigid Box, a rigid box maker in Oneonta, New York, founded in 1886, as its first US site. Burt's president Laura Brodie becomes the first non-family shareholder in Pusterla and heads its North American operations.
Nelipak Healthcare Packaging will initially invest at least $11.8 million to establish a flexible healthcare packaging production site in Winston-Salem, Forsyth County, North Carolina, creating at least 36 jobs.
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.