The Independent Carton Group (ICG) reports that, despite continued consolidation in the folding carton industry, business growth among its membership remains strong. This is evidenced by the significant investments that ICG members continue to make in their own operations and the strength of their collective buying power.
Durst, a manufacturer of advanced digital printing and production technologies, has entered into a 50/50 joint venture with printing press manufacturer Koenig & Bauer for the joint development of single-pass digital printing systems for the folding carton and cartonboard corrugated industry.
GE Digital and SIG are in a strategic partnership to power digital innovation in food and beverage packaging. SIG will deploy GE Digital’s Predix Asset Performance Management and Predix ServiceMax industrial applications across more than 400 customer factories worldwide.