By bringing design, engineering, sourcing, and production entirely stateside, Orion can reduce exposure to overseas supply chain disruptions and tariff volatility while maintaining tighter control over components, inventory, and pricing.
The conference will unite leaders from across the flexible packaging industry to discuss the forces influencing the sector’s future—including sustainability, innovation, workforce leadership, and advocacy.
Brand owners as well as converters and contract packagers who need manufacturing support for overflow projects can depend on NBi FlexPack as their one source for all printed and unprinted pouches and finishing touches such as embellishments.
Imported goods such as specialized aluminum trays, high-grade plastics and gourmet foodstuffs make up 40 percent of typical catering supply budgets, the group notes.
Despite the high share of domestic production and sourcing, the recently installed tariffs significantly impact costs for base chemicals, raw materials, equipment parts and supply chain operations.
In a just-released report, Capstone Partners notes that portfolio realignment fueled a significant portion of deal activity in early 2024. Global sustainability initiatives represent another significant factor driving mergers and acquisitions.
It seems that the U.S-China trade war is slowing. According to National Public Radio, the president agreed to relax some of the tariffs he imposed on Chinese imports. In exchange, Beijing has agreed to buy more American products and make other changes.
The Household & Commercial Products Association (HCPA) has joined more than 80 of the nation’s leading trade associations as a member of Americans for Free Trade, a multi-industry coalition dedicated to opposing tariffs.
