NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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Private equity firm Olympus Partners has acquired liquid packaging systems company Liqui-Box from the Sterling Group for an undisclosed amount. The acquisition is Olympus' third investment out of its $2.3bn sixth fund. Based in Richmond, Virginia, Liqui-Box designs and supplies liquid packaging systems to cater to filling and dispensing needs…

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Atlanta-based Graphic Packaging Holding Company says its wholly owned subsidiary Graphic Packaging International, Inc. has acquired the converting assets of Staunton, Va.-based Carded Graphics, an award-winning printed folding carton producer with a strong regional position in the food, craft beer and other consumer product markets. "The acquisition of Carded Graphics'…

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Novolex, a portfolio company of Wind Point Partners, has acquired custom polyethylene bags and films company Wisconsin Film & Bag (WF&B) for an undisclosed amount. With around 175 employees, WF&B operates a converting plant and a plastics recycling plant near Shawano, Wisconsin. Besides polyethylene bags and films, WF&B also provides…

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Crown Metal Packaging ends production at its Chatham facility today but the company isn't pulling up all its stakes in the southern Ontario town, according to one official. Stuart McFadden, who works in business development with the municipality of Chatham-Kent, tells CBC the factory will become a warehouse for the…

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Ball Corporation opened an aluminum aerosol can plant in India, located in the northwest city of Ahmedabad.  With this new plant, Ball will meet the region's increasing demand, and continue the company's Drive for 10 vision of entering into new geographic regions and remaining close to customers. Multiple sales contracts…

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Transcontinental Inc. is pleased to announce that it has completed the acquisition of Ultra Flex Packaging Corp., a supplier of flexible packaging located in Brooklyn, New York. Ultra Flex Packaging employs close to 300 people and generated US$72 million in annual revenues in its last fiscal year. The transaction, announced…

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The biggest U.S. tobacco companies on Wednesday resurrected a federal lawsuit against the Food and Drug Administration challenging the agency’s effort to assert authority over tobacco product packaging. Subsidiaries of Altria Group Inc., Reynolds American Inc. and Imperial Tobacco PLC dropped a similar suit in June after the FDA said…

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Protective packaging specialist Storopack has introduced a new foam padding system FOAMplus Bagpacker² for the protection of sensitive goods of any size during shipping. The new FOAMplus Bagpacker² is an improved version of FOAMplus Bagpacker packaging system and it is suitable for three different film sizes: 47 cm, 45/15 cm…