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.
TC Transcontinental anticipates using the net proceeds to continue reducing net debt in line with its business priorities. This will increase its flexibility in capital allocation, including targeted acquisitions in growth segments.
Golden West Packaging Group LLC, a holding company for packaging businesses announced it has acquired Allpak Container LLC, a Pacific Northwest-based packaging provider.
Manufacturers and users of industrial packaging may not always be aware of a product’s final destination or end purpose, meaning it could become subject to regulations not considered in the original packaging selection or manufacturing process. The only time users become aware of the issue could be when requests for regulatory compliance statements are made. Packaging users and manufacturers should proceed with caution in how these requests are handled, as they can often be fraught with risk.