Berry Global Group, Inc. has announced that Jonathan D. (Jon) Rich will retire as Executive Chairman and a Board member, and that the Board has unanimously elected CEO Thomas E. (Tom) Salmon to succeed Rich as Chairman of the Board, each effective February 1, 2018. Salmon has served as a Board member since his appointment as CEO one year ago.
Pregis LLC has invested $1 million in a new 1,000 square foot testing lab for its Grand Rapids, Michigan, blown film manufacturing facility. Lab personnel will be focused on customer needs driven research and development, as well as quality testing.
The World Packaging Organization (WPO) honored ProAmpac with a 2017 WorldStar award for its standup pouch featuring a de-gassing valve that helps better manage probiotic microorganisms.
ProAmpac has officially acquired Oregon-based Bonita Pioneer Packaging Products (Bonita), which is intended to complement ProAmpac’s existing flexible packaging offerings. Financial terms of the deal were not disclosed.
Coveris has appointed Jakob A. Mosser as its new CEO. Mosser’s appointment became effective January 8, 2018, as he took over for interim CEO Dimitri Panayotopoulos, who will stay on as Coveris chairman.
Packaging manufacturer and supplier Novolex, a portfolio company of The Carlyle Group, will acquire certain assets and business operations of Shields Bag and Printing Co., a Yakima, Washington-based manufacturer of custom-engineered flexible packaging products.
Sonoco’s president and CEO, M. Jack Sanders, will retire on April 2, 2018, following a 30-year career with the company. Sonoco’s Board of Directors has named Robert C. Tiede, who currently serves as the company’s executive vice president and COO, as CEO-elect. Tiede will join the board of directors upon Sanders’ retirement.
Bibo Barmaid of Annandale, New Jersey, recently partnered with Bemis Co., Inc. to produce individually-sized cocktail mix pouches for the first at-home cocktail machine that produces the drink in less than 20 seconds
Berry Global has entered into a definitive agreement to acquire the Clopay Plastic Products Company, a subsidiary of Griffon Corporation, for $475 million in cash on a debt-free, cash-free basis.
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