Graphic Packaging Holding Company (NYSE: GPK), today announced that its wholly owned subsidiary, Graphic Packaging International, Inc., has completed the previously announced acquisition of substantially all the assets of Carton Craft Corporation and its affiliate Lithocraft, Inc.
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Cascades inc. is very pleased to announce that it has produced yesterday its first roll of 100% recycled containerboard at its Bear Island, Virginia mill. With annual production capacity of 465,000 short tons of lightweight, high-quality, 100% recycled containerboard, the state-of-the-art mill is equipped to perform within the top quartile of its industry, and will strengthen the operational flexibility, geographic footprint, and competitiveness of Cascades' Containerboard platform. The project created 700 jobs in the region during the construction phase, and 180 permanent jobs with the onset of commercial production. The Bear Island mill is now entering the ramp-up phase of the machine and will gradually increase its production to reach full capacity. An official inauguration will be held in the coming months.
The demand for more sustainable alternatives has driven the development of technologies designed for paper recycling programs in consumable products and packaging. Tough, affordable, recyclable and a viable alternative to single-use plastic packaging, paper e-commerce mailers like the ecoMLR are a more sustainable way to send small goods. The pros of using a paper e-commerce mailer such as the ecoMLR: *Cost savings – Lightweight to reduce postal and shipping costs *Waste reduction – More efficient with less free space & waste than cartons *Safe and Secure – Water-resistant with a secure opening *Easy to use – Self-seal is fast and simple to use and forms a water-resistant secure package *Easy to recycle – Recycle with your household paper waste *Easy on the environment – Kraft paper is made from 70% recycled paper *Premium quality – Kraft provides an ideal surface for showcasing your brand *Local Manufacture – Produced in Leeds supports British manufacturing *Advertising opportunities – Batch printing with your brand or third party offers to drive additional sales and revenue streams *Reusable – Single or multi-use designs
Tetra Pak's Packaging Material Converting Factory in Denton is getting ready for new technology to support the growth of its business in the U.S. and Canada. The plant's expanded capabilities are made possible through a sizeable €30-million investment in factory upgrades, including a new state-of-the-art laminator, that will ensure the facility is well positioned to meet the evolving needs of the U.S. and Canadian markets with a wider range of packaging formats.
"Tetra Pak is pleased to make these upgrades, which will position our Denton factory as one of the most advanced in our global operations," said Carmen Becker, president and CEO of Tetra Pak U.S. and Canada. "This new technology will allow us to produce an expanded portfolio of packages out of this facility and better serve our customers." With this investment, Tetra Pak will be able to move some production from Mexico to Denton and offer noteworthy benefits to Tetra Pak customers, including improved service, reduced lead times and other logistical efficiencies. Click Read More below for additional detail.