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 (PE) firm Kedaara Capital has invested Rs.200 crore in Parksons Packaging Ltd, a manufacturer of folding cartons and paper packaging, it said in a statement on Tuesday. This is Kedaara’s maiden investment in the packaging sector. Earlier in April 2014, the PE fund had acquired 23% stake in…

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Atlas Packaging has completed the design of a unique crash-lock recipe box with multi adjustable dividers for Riverford, the organic, home delivery company that delivers 47,000 fresh produce boxes weekly. Riverford is most renowned for its organic meat and veg box home delivery scheme.  The Recipe Box, a concept which…

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Plastic Ingenuity is expanding its production facility in Maumelle, Arkansas. The company plans to invest $2.5 million in the facility and add 10 jobs, bringing total employment to 60 once the expansion is complete. The expansion will allow Plastic Ingenuity to increase production of its plastic food packaging lines. “Plastic…

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Kite Packaging has officially announced its move to a new operating centre based in Portsmouth. The 22,000 ft2 facility is another significant investment for Kite and will be the second new property for the company this year. Currently based in the Nelson Centre, the new move for Kite’s Portsmouth team…

Tuesday, Mar 17, 2015
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The Pittsburg State Graphics and Imaging Technologies Department has launched a new emphasis that focuses on how product packages are designed and marketed. The new packaging emphasis was approved by the Kansas Board of Regents in January and will be part of GIT's full curriculum starting in the Fall 2015…

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Heidelberger Druckmaschinen AG (Heidelberg) will be presenting an integrated portfolio of offset and digital print solutions for commercial and packaging printing at Gulf Print & Pack 2015, which is being held in Dubai from April 13 to 16. Prinect will incorporate the digital and offset printing systems on show and…

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Private equity firm Onex Corp. said it has completed the acquisition of SIG Combibloc Group AG for 3.75 billion euros, which includes a contingent earn-out component. SIG is a provider of aseptic packaging machines and cartons. Onex Partners IV and certain limited partners as co-investors made an equity investment of…

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SAN MIGUEL Corp. (SMC) has expanded its packaging business in the Australasian region with the acquisition of an Australian supplier of wine bottle closures and customized bottles. In a statement, the country’s most diversified conglomerate said San Miguel Yamamura Packaging International Ltd. (SMYPIL) -- through its new Australian unit, SMYV…

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One of the largest greenfield projects in packaging board will go on stream in Tamil Nadu when Tamil Nadu Newsprint and Papers Ltd commissions its two-lakh-tonne a year factory by the year end. Construction of the Rs 1,500-crore plant, located in an industrially backward area in Tiruchi district, started last…

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Elkhart corrugated box maker Welch Packaging is mulling a $16.54 million expansion here that would create 118 new jobs within three years. The new posts would pay $17.40 an hour, on average, or $36,200 a year, according to paperwork filed with the city of Elkhart seeking a property tax break…