Plastic Suppliers, Inc. (Psi) announced today new financing facilities of $35 million, including funding for capital expansion of $23 million to increase capacity in 2018 and 2019 in response to growing demand for its EarthFirst sustainable packaging and label film businesses.
Robert C. Tiede has officially begun his tenure as the new president and CEO of Sonoco. Tiede replaces the retiring Jack Sanders, who served as president and CEO since 2013. Tiede will be the ninth CEO of the 119-year-old company.
Pregis LLC is partnering with Uzima Clean Water Mission in Atlanta, Georgia, to help bring clean drinking water to parts of the world where it is in short supply. Pregis hopes to provide life-saving clean water to 50,000 people in 2018.
Los Angeles-based Signature Flexible Packaging now offers EBGloss energy-cured coatings for its nutritional bar packaging, a development that will reduce the carbon footprint of the packaging wrap format.
Roll-2-Roll Technologies LLC, developer and manufacturer of intelligent web position sensors and web guides for the roll-to-roll and converting industry, has partnered with manufacturing sales representative firm Albee Associates, Inc.
Constantia Flexibles Group will invest in new technology at its flexible packaging subsidiary in Vietnam with the goal of expanding its product portfolio.
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