In the newly created position, Rauchut will be responsible for the company’s financial planning, cash management, and revenue recognition process, and he will report to Craig Wolfe, JLS’s chief operating officer.
The agreement marks Mill Rock Packaging’s fourth acquisition since its formation in 2020, and it is expected to help the company expand its reach to the Eastern United States.
After the European Union (EU) introduced new regulations on packaging and packaging waste, global companies are now facing more scrutiny when it comes to delivering on their sustainability claims, according to global assurance provider LRQA.
The new bottles will feature a larger logo on the label that displays a vibrant orange bolt across the surface, helping the product stand out in crowded supermarkets.
Over 400 million tethered caps have been applied on Coca-Cola bottling lines in Germany, Spain, and the United Kingdom, and the project is expected to expand into other European countries as well.