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International Paper to Invest $300m to Convert Riverdale Paper Machine in Alabama, US

Sep 26, 2017

International Paper (IP) has unveiled plans to invest around $300m to convert its No. 15 paper machine at the Riverdale Mill in Selma, Alabama, US. The company will convert the paper machine from uncoated freesheet to whitetop linerboard ...

Tags: International Paper, paper machine

One Fifty One to Buy US Firm Macro Plastics for $150m

May 23, 2017

Rigid plastics manufacturer One Fifty One’s (One51) has agreed to to acquire US-based firm Macro Plastics for around $150m. Based in Fairfield of California, Macro Plastics is engaged in the manufacturing of rigid plastic bulk bins, ...

Tags: Rigid plastics, plastics

Silgan Announces Third Quarter Earnings

Nov 17, 2016

Silgan, a supplier of rigid packaging for shelf-stable food and other consumer goods products, reported third quarter 2016 net income of $69.8 million, or $1.15 per diluted share, as compared to third quarter 2015 net income of $70.3 ...

Tags: Silgan, Packaging

Silgan Reports Second Quarter 2016 Results

Aug 3, 2016

Silgan, a supplier of rigid packaging for shelf-stable food and other consumer goods products, reported second quarter 2016 net income of $33.3m, or $0.55 per diluted share, as compared to second quarter 2015 net income of $42.2m, or $0.70 ...

Tags: rigid packaging, shelf-stable food

O-I Is Buying Mexican Company Vitro's Food and Beverage Glass Container Business

May 18, 2015

Glass container manufacturer Owens-Illinois (O-I) is buying Mexican company Vitro's food and beverage glass container business for around $2.15bn, to gain a competitive position in the Mexican glass packaging market. O-I will acquire ...

Tags: Owens-Illinois, Glass Container, Packaging

Vitro Has Signed a $950m Deal with Its Client Constellation Brands

Aug 18, 2014

Mexico-based glass manufacturers Vitro has signed a $950m deal with its client Constellation Brands to produce 7.3 billion beer bottles over the seven-year life of the contract. The deal is expected to triple Vitro's current volume of ...

Tags: Vitro, Packaging, Printing

North Castle Partners and Its Co-Investors Have Agreed to Sell Ignite USA

Aug 15, 2014

North Castle Partners and its co-investors have agreed to sell Ignite USA, LLC, which makes thermal mugs and hydration bottles under the Contigo and Avex brands, to Newell Rubbermaid for a purchase price of $308 million. ADVERTISEMENT ...

Tags: North Castle, Ignite USA, Sporting Goods

Corrugated Specialist Rocktenn Adjusted Earnings Shot up 127% to $2.16 Per Share

Jul 26, 2013

Corrugated specialist RockTenn adjusted earnings shot up 127% to $2.16 per share in the third-quarter of fiscal 2013 (ended Jun 30, 2013) from 95 cents a share in the year-ago quarter. Total revenue improved 6% year over year to $2.448 ...

Tags: Pack Firms, Packaging

CakeBoxx Technologies Has Entered Into a Strategic Partnership Agreement with The Valspar

Feb 16, 2013

CakeBoxx Technologies, developer of the CakeBoxx doorless intermodal shipping containers, has entered into a strategic partnership agreement with The Valspar Corporation as its coatings supplier for a new line of containers. Valspar will ...

Tags: CakeBoxx Technologies, Valspar, container coatings

Rexam receives approval to sell personal care business

Jan 4, 2013

Global consumer packaging group Rexam has received approval from the Chinese authorities and hopes to complete the sale of its Cosmetics, Toiletries and Household care products business for $459m to Sun European Partners’ affiliate. ...

Tags: Rexam, consumer packaging, Household care products, Food business

Brambles to Get Container Business for $177m

Dec 19, 2012

Australian provider of pallet,crate and container pooling solutions Brambles has signed a sale and purchase agreement to acquire Pallecon,a division of CEVA Logistics,in a deal worth€135m($177m). Brambles CEO Tom Gorman said Pallecon ...

Tags: Brambles, Container Business, Tom Gorman, Pallecon Operates

Rexam Sells High Barrier Food Container Business to Silgan Holdings' Subsidiary for $250m

Dec 14, 2012

Global consumer packaging group Rexam has concluded the previously announced sale of its High Barrier food container business to a Silgan Holdings’ subsidiary for $250m. The food container business of Rexam provides thermoformed ...

Tags: Rexam, packaging, food container

Lifestyle Enterprise Is Prepping for Its Second Las Vegas Forbidden City Show

Dec 10, 2012

HIGH POINT — Fueled by the success of its first Las Vegas Forbidden City Furniture Show this past January, Lifestyle Enterprise is prepping for its second - same timeframe, same venue, but with the expectation of nearly double the ...

Tags: same timeframe, same venue, case goods, upholstery resource

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