UK-based packaging firm RPC Group has signed an agreement to acquire Letica, a US-based manufacturer rigid plastic packaging and foodservice products, for $640m. Letica is engaged in manufacturing rigid plastic packaging and foodservice ...
Tags: packaging, RPC Group, rigid plastic
Sappi has announced plans to invest at its facilities in Europe and the US in a bid to increase capacities for packaging and specialty paper. In the next three years, the firm intends to invest $140m in equipment upgrades and production ...
Tags: Sappi, Packaging, Specialty Paper
Stone Canyon Industries (SCI), through its subsidiary BWAY, has agreed to acquire Mauser Group, a rigid packaging products supplier, from private investment firm Clayton, Dubilier & Rice (CD&R) for $2.3bn. German firm Mauser operates more ...
Tags: Stone Canyon, Packaging
Lear, which supplies automotive seating and electrical systems, has agreed to acquire Grupo Antolin's automotive seating business. Grupo Antolin's seating business is headquartered in France with sales and operations concentrated in 5 ...
Tags: Lear, Antolin's Automotive, Seating Business
FCA US said that it will invest a total of $1bn in plants in Michigan and Ohio, which will add 2000 new jobs. Consistent and combined with previously announced investments, FCA US is further demonstrating its commitment to strengthening ...
Greencore Group has acquired Peacock Foods from affiliates of Charlesbank Capital Partners for an undisclosed sum. Based in Geneva of Illinois, Peacock Foods provides packaging and supply chain management solutions to the consumer food ...
Tags: Greencore, Peacock Foods
The Everstone Group has acquired an undisclosed stake in Mumbai-based OmniActive Health Technologies for $35m. The acquisition is aimed at accelerating Everstone's growth in the fast-expanding nutraceuticals space. OmniActive is a major ...
Tags: Everstone, OmniActive
TreeHouse Foods has announced a voluntary recall of certain macaroni and cheese cup products containing cheddar cheese seasoning which may be contaminated with Salmonella. This follows notification from our supplier that the milk powder ...
Tags: TreeHouse Foods, Cheese
India-based rigid packaging firm Manjushree Technopack has acquired Varahi for undisclosed amount, in a bid to strengthen its business. Established in 1971, Varahi offers packaging solutions including plastic bottles, caps, closures, ...
Tags: Rigid Packaging, packaging
Toyota announced it will increase Tacoma's production by more than 60,000 trucks annually at its Baja California, Mexico facility in 2018. The increased volume will add approximately 400 jobs and inject about $150 million in new investment. ...
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 ...
Pro Mach’s subsidiary KLEENLine is set to exhibit its new its automated case and bagger loading system at Pack Expo 2016 in the US. The event will take place from 6 to 9 November in Chicago, Illinois. The system has been developed ...
French biotech company Deinove will collaborate with Processium to develop carotenoid separation and purification techniques at an industrial scale. Assisted by the French based engineering consultant, Deinove will produce and distribute ...
Tags: Deinove, Carotenoid Ingredient
Archer Daniels Midland Company (ADM) and Wilmar International have launched Olenex as full-function joint-venture to offer integrated capabilities in refined vegetable oils and fats. The companies have completed the transition of Olenex ...
Tags: ADM, Wilmar International, vegetable oils
Intertape Polymer Group Inc., released results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights (as compared to third quarter 2015): Revenue increased 3.0% to $206.6 million primarily due to the ...