Booming sales, a recent relocation into a bigger plant, and a deep dive into making larger granulators all signal the start of a new era for this Southern Ontario-based size reduction equipment manufacturer.
Fortune Brands Home & Security, a home and security products company, acquired Fiberon for US$470 million, and plans to make it part of its new Doors & Security segment.
The Chester, N.S.-based company has received multiple orders from Canadian and American processors for its new GN800 Thermoformer, and expects further increased business activity over the next several months in the U.S, Mexico, and the Caribbean.
Custom Extrusion is a profile extruder with facilities in Sheffield, Mass. and Asheboro, N.C.
Created by Mississauga, Ont.-based packaging design firm KBS Impact Inc., the lids can save container weight – and costs – by using a peelable in-mold label that that acts as a tamper-evident seal.
Headquartered in Rhinelander, Wis., ABX makes high barrier forming web films primarily for the North American protein, cheese, and specialty food end markets.
The purchase connects Adams Manufacturing, headquartered in Pennsylvania, with plastic household and garden products maker Keter Group, which BC Partners also owns.
Made necessary by steady growth, the company added additional offices, a larger conference room and a break room to its HQ in Norton Shores, Mich.
Rising demand across several vertical industries, such as packaging and food and beverages, is expected to drive growth, the new report from BCC Research says.
As they hit a milestone, the owners of rotational molder Techstar Plastics look back on four decades of stress and success.
Wallace succeeds retiring managing director Joe Ottenhof, who will take a seat on the company’s board of directors.
Sears, age 78, started drying system manufacturer Dri-Air in 1985, and was a noted authority on the science of drying technology and applications and held several patents.
The US$51 million expansion in Auburn Hills, expected to create 100 jobs, will be used for engineering, product development, manufacturing, and warehousing.
Record sales driven by nine per cent consumables growth highlights a solid second quarter, the company said.
Parts entered in the competition will be on display during the 26th SPE Thermoforming Conference, which will be held on Sept. 24 to 26 at the Fort Worth Convention Center in Fort Worth, Tex.
In its sixth acquisition in four years, Canadian packaging product supplier Intertape Polymer Group is buying protective packaging maker Polyair Inter Pack Inc., which has corporate headquarters in Montreal and Sarasota, Fla., for US$146 million.
First announced last month, the deal includes five manufacturing facilities.
The preliminary estimate of shipments of primary plastics equipment (injection molding and extrusion) for reporting companies totaled US$333 million in the first quarter – 15 per cent higher than the total US$290 million in Q1 of 2017.
The blow molding machine maker – which has been located in Richmond Hill, Ont. since 1999 – will move into a 34,000-square-foot Bolton facility on Aug. 1.
Mississauga, Ont.-based auxiliary equipment maker Hamilton Plastic Systems is reinventing itself by expanding its product offerings and making a deep dive into the American marketplace.