With coast-to-coast operations, Invera Flexibles says it is positioned as a market leader across five key segments, including converter films, industrial and food-grade packaging, agricultural films, and compostable solutions.
Installation of a conveyor and unitizer system and other equipment comes ahead of the company’s Grand Opening and Innovation Showcase scheduled for June.
The investment enhances Amcor’s industrial film capabilities, supporting rising demand across markets such as growing media, peat, fertilizers, wood shavings, animal bedding, wood pellets, salts and other bulk materials.
Under the terms of the agreement, Soteria will acquire all issued and outstanding common shares of Imaflex for CAD $2.35 per share in cash, representing total equity value of approximately CAD $123 million. Upon completion of the transaction, Imaflex will become a privately held company.
This feature allows users to easily create a chain of bags connected by perforated edges, providing greater flexibility and efficiency for a wide range of applications.
Site will be equipped with a new grinder to support closed-loop recycling, allowing customers to return plastic trays at the end of their lifecycle through Nefab’s take-back program. These materials will be reprocessed and re-extruded into new plastic sheets.
The consolidation with Acorn East continues AE Global’s evolution from its beginnings as a small industrial packaging distributor to a comprehensive powerhouse in packaging design, manufacturing and distribution that meets global demand across all industries.
Manufactured through a process of Structural Foam Injection, the pallet boasts exceptional durability and reliability, making it an optimal choice for use within the industrial and automotive sectors.