Stone Canyon Industries recapitalized SCI PH Inc., parent of BWAY and Mauser, issuing $850 million of preferred stock to Canyon Capital, PSP Investments, Ontario Teachers' Pension Plan and Arcadia Investment Partners.
Robinson Packaging is planning to expand in the UK after a funding package deal with HSBC; the amount 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.
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.
Belgium's VPK Packaging Group acquired a 30% stake in CorrBoard UK, the Scunthorpe corrugated sheet consortium, from Corrugated Synergies International, and also made a capital increase. The investment aims to advance sheet production volume.
The Wilkins Group has invested EUR 350,000 in a new gluing machine for its factory in Romania.
Saica plans to invest EUR 29 million in a fully automated warehouse at its El Burgo de Ebro paper plant in Spain, with a total investment that could reach EUR 50 million. The warehouse is planned to be operational in 2019.
Constantia Flexibles has invested around EUR 6 million in new technology to make film-based flexible packaging at its Weiden site in Germany.
Weedon Corrugated Products has invested in a Fosber dry end for its in-house corrugator to boost sheet board production.
Coveris has bought two Hosokawa Alpine coextrusion lines from Gelpack Excelsior.
Visy announced a $2 billion investment program to expand manufacturing across Australia, including clean energy, recycling, paper mills, corrugated box plants and packaging, expected to create 5,000 direct manufacturing jobs over the next decade.
Crown Holdings will invest EUR 66 million to build an aluminium beverage can production plant on 60,000 square metres at Parc Sagunt in Valencia, Spain, creating more than 100 direct jobs. The approval was announced on 6 July 2017.
Crown Holdings plans a new plant at Parc Sagunt in Valencia, reported as a EUR 66 million investment creating 112 jobs. The company would occupy about 71,000 square metres for beverage can production, pending board approval.
Crown Holdings plans to invest about EUR 66 million and create 112 direct jobs on a 60,000-65,000 square metre plot at Parc Sagunt industrial park in Valencia to make beverage cans. Approval by the park's board was expected the following Friday.
Diamond Box, a UK corrugated packaging manufacturer in West Bromwich, secured an £8m finance package from Bibby Financial Services to buy a dual-print corrugated printing press.
United Romanian Breweries Bereprod (URBB) invested over EUR 2 million to modernize the production line at its Pantelimon factory, applying aluminum foil without adhesive to beer cans. The technology was developed by Italian company EcoCap.
International Paper invested more than $90 million to increase energy efficiency at its Pensacola, Florida mill, retaining 424 employees and adding 12. A further $20 million went to environmental controls and $68 million to a water quality project.
Anheuser-Busch InBev announced a capital expenditure program of close to $500 million in 2017 and $2 billion through 2020 for its U.S. brewing operations. Projects include brewery and distribution upgrades, packaging and sustainability improvements, and new distribution facilities in Los Angeles and Columbus.
The European Bank for Reconstruction and Development (EBRD), together with Esas Holding and Actera, has acquired a majority stake in Korozo Ambalaj, a Turkish flexible packaging producer. The deal includes a USD 1 million Clean Technology Fund loan to reduce waste. It was reported on 10 May 2017.
Thimm Group invested a total of 62 million euros in 2016, including a new corrugated cardboard plant in Bavaria, a digital web press at Ilsenburg and expansions of packaging plants in Germersheim and Puebla, Mexico.
Amcor is investing in a new flexo press at its Alzira business in Spain to meet increased demand for blister foils and sachets in Iberia. No investment value was given.
Europac announced a €10m investment plan at its Lucena packaging plant to increase production, buy new assets and expand installations, expected to create 25 direct jobs.
Amcor Flexibles will install a UV flexo printing press at its Kreuzlingen site in Switzerland to serve pharmaceutical packaging markets, as part of a European printing investment plan that also includes a digital press at Cramlington, UK.
Amcor Flexibles is installing a UV flexo press at Kreuzlingen, Switzerland and a digital press at Cramlington, UK to serve healthcare customers in the UK, Switzerland and Germany, with operation expected in 2017.
Visy Industries, the private cardboard box and paper recycling group of Anthony Pratt, will raise $150 million in 10-year long-term debt from AustralianSuper and IFM Investors, arranged by Westpac's Institutional Bank. The funds will refinance existing senior debt.
Sonoco will invest $20 million to develop a packaging center in Atlanta supporting Duracell's new North American battery packaging operation, with full production expected in Q4 2018.
Orora agreed to reimburse vendors for recent growth capital investments totaling $5 million, as disclosed around 2017-02-24.
Printing and Packaging Co Ltd of Hinckley, Leicester has bought a Rapida 106 seven-colour double coater press from Koenig & Bauer to add capacity and coating options. The press is due to be installed at the end of March 2017.
Smurfit Kappa's Tannochside plant in Scotland has introduced C&T Channel Matrix's Corrugate creasing matrix on its high-speed bottling line. The plant produces packaging for distilleries, food producers and pharmaceutical customers.
Crown Paper Group's Montebello Container installed an automated dry end at its La Mirada sheet feeder plant plus conveyors, unitizers and wet-end upgrades, and improved safety and waste at Pico Rivera and Santa Fe Springs. Montebello increased production more than 20 percent in 2016.
Packaging maker Seufert Transparente Verpackungen invested just under one million euros in early 2017 in a modern flatbed die-cutting machine at its Rodgau site. The line automates cutting, slot breaking, counting and pallet separation.
Model Group installed new four-colour EVOL flexo folder gluers at its Bilgoraj and Czosnow plants in Poland as part of CHF 86 million invested in modernisation, sustainability and expansion in 2017.
BillerudKorsnäs decided to build a new paperboard machine with 550,000 tonnes annual capacity at its Gruvön production site, with production expected to start in Q1 2019.
Tetra Pak announced a £88.5m investment in a state-of-the-art regional manufacturing facility near Ho Chi Minh City, Vietnam. The announcement was reported on 2016-11-16.
As part of its Finnish corrugated consolidation, Stora Enso will invest around €19 million in new machinery and infrastructure at its Lahti site. The plan is scheduled to be finalised by the first quarter of 2018.
Rondo-Pak invested $30 million in its business in 2016, according to the article. The investment accompanied its joint venture and new Camden plant.