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14.02.2018 0

Height-adjustable anvil from Marbach is gaining ground

The Heilbronn-based die-maker Marbach has recently presented its new technology
designed to reduce the make-ready times for reverse cutting. Over the past few months, this
has become more and more popular on the market under the name of "height-adjustable
anvil".
Marketing Manager Tina Dost: "By using the reverse-cutting technology, packaging can be
equipped with a tear-open mechanism. Highest precision is essential for reverse cutting, as
the paperboard or corrugated board is not cut right through, but only scored from both sides.

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14.02.2018 0

Cascades plant sold for $72M

The Cascades containerboard packaging plant in Maspeth has been sold for $72 million, according to a press release from the Canadian company.

The sale was completed late last month, a little more than six months after the 319,000-square-foot complex at 55-15 Grand Ave. was originally put up for sale.

 
The buyer was not immediately known, as the sale had not been filed with the Department of Finance as of press time on Wednesday.

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14.02.2018 0

G7 Master certification for Custom Packaging

Custom Packaging LP has achieved the level of G7 Master Qualification by Idealliance® for corrugated with its new digital single pass Barberan Jetmaster. The qualification identifies the control capacity in the graphic production process, guaranteeing the quality and colour consistency accurately – an international certification that is essential in the reproduction on different printing substrates to ensure the customers brand integrity. 

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14.02.2018 0

KapStone profits jump 182% with help from GOP tax bill

KapStone Paper and Packaging Corp. Wednesday reported $244 million in net income last year, a $158 million spike in profits from 2016.

The huge increase was mainly due to a provisional tax benefit of $144 million based on the new tax law passed by congressional Republicans and signed into law by President Donald Trump on Dec. 22, the company said in its earnings report.

As the nation’s fifth-largest paper and packaging company, KapStone employs approximately 6,400 workers, including about 800 union workers at its Longview mill.

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14.02.2018 0

Packaging Manufacturer Fleetwood-Fibre Acquired

City of Industry packaging producer Fleetwood-Fibre Packaging & Graphics was acquired by Golden West Packaging Group, the companies announced Feb. 12. Terms of the deal were not disclosed.

The acquisition is expected to enhance Fleetwood-Fibre’s manufacturing infrastructure. The company makes corrugated packaging, displays, folding cartons, plastic packaging and brown box corrugated products, according to its website.

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14.02.2018 0

Smurfit Kappa Announces Consent Solicitation Relating to the

Smurfit Kappa Group plc (“Smurfit Kappa”), announced today that its wholly owned subsidiary, Smurfit Kappa Acquisitions (the “Issuer”), commenced a consent solicitation through which the Issuer is soliciting consents (“Consents”) from registered holders (“Holders”) of the Notes (the “Consent Solicitation”) to amend certain terms of the indentures governing the Notes (each, an “Indenture” and, together, the “Indentures”).  The terms and conditions of the Consent Solicitation are set forth in a consent solicitation statement (as it may be amended and supplemented from time to time, the “Conse

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14.02.2018 0

Thai Containers Group completes acquisition of 25% stake in Dyna Packs and Orient Containers

Rengo announces that Thai Containers Group, a joint venture between Rengo and SCG Packaging Public Company Limited (a subsidiary of The Siam Cement Public Company), has completed the acquisition of a 25% stake from an individual shareholder in Dyna Packs and Orient Containers, both corrugated packaging subsidiaries of Thai Containers Group located in Samut Sakhon Province. Through this acquisition, both companies have been made wholly-owned subsidiaries of Thai Containers Group.

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14.02.2018 0

Welch Packaging Acquires Cooper II

Welch Packaging Group, Inc., headquartered in Elkhart Indiana, recently completed the acquisition of Cooper Container II.  Cooper II is a corrugated sheet plant strategically located near Nashville, serving the growing industrial base in Tennessee.  Welch Packaging has two distribution centers in the area and this acquisition significantly strengthens our ability to serve our customers according to Welch President, Scott Welch.  Cooper Container II was started in 1997 by A.C. Cooper with the acquisition of Kirby Container.   A.C.

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