Finance

  • International Paper's new logo.
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    Courtesy of International Paper/Cision
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    International Paper to close facilities in California, Kentucky

    More than 200 employees will be affected by the closures. This brings the tally of workers affected by IP’s streamlining to more than 4,500 since October 2024.

    By • Nov. 14, 2025
  • A person holds a package of meat in a grocery aisle with other types of packaged meats.
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    Retrieved from Sealed Air on November 14, 2025
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    Food and beverage trends loom large over packaging earnings

    Beef industry struggles specifically came up during packaging, food and beverage companies’ recent earnings calls, as did consumer trade downs and federal changes related to immigration and food assistance benefits.

    By • Nov. 14, 2025
  • An automated automotive assembly line in a factory
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    Getty Images
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    Deep Dive

    Industrial M&A ramps up as tariffs settle in, interest rates drop and funds are flush

    Private equity and strategic buyers are increasingly competitive acquirers in numerous areas of manufacturing. Deal experts predict much more activity as the market heats up into 2026.

    By • Nov. 13, 2025
  • Examples of Amcor protein packaging
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    Courtesy of Amcor
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    Amcor to ramp up North American flexibles production

    The company called the protein packaging capacity expansion, which will involve installing new equipment through the first half of 2026, one of its largest investments to date.

    By • Updated Nov. 12, 2025
  • International Paper's new logo.
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    Courtesy of International Paper/Cision
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    International Paper to close 5 sites, affecting 500 employees

    In recent months, IP executives have referenced the importance of “rightsizing Europe” following the January acquisition of London-based DS Smith. The integration hasn’t fully gone according to expectations.

    By • Nov. 12, 2025
  • Exterior view of a manufacturing facility with the Smurfit WestRock logo
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    Courtesy of Smurfit WestRock
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    Smurfit Westrock to close Atlanta plant, affecting 55 workers

    The closure is slated for completion early in 2026 as part of the company’s ongoing optimization efforts.

    By • Nov. 10, 2025
  • A corporate building with a circular, grassy area with a statue in front.
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    Permission granted by Sonoco
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    Sonoco outlines another restructuring, names leaders

    The new business structure will be divided into market regions rather than substrates. A series of M&A deals and executive shifts had put the company in flux since restructuring its core businesses less than two years ago.

    By • Nov. 10, 2025
  • Ball cans and bottles.
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    Permission granted by Ball Corporation
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    Ball announces sudden CEO transition

    The Colorado-based aluminum cans maker announced a new CEO on Monday. The company also recently elected a new board chair and formalized its pick for CFO.

    By • Nov. 10, 2025
  • O-I glass bottles on the hot end of a line.
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    Courtesy of O-I Glass
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    O-I Glass nears end of network cuts

    The manufacturer has closed 8% of its capacity, on the way to a target of 13%. With beer and wine sales declining, O-I is eyeing a more sustainable future in non-alcoholic beverages and food.

    By • Nov. 7, 2025
  • An industrial facility exterior with a sign that says Greif.
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    Getty Images
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    Greif ups cost savings projection despite ‘bumpy’ fiscal 2025

    Greif is accelerating the optimization plan launched in fiscal 2025 for a potential total savings of $120 million. The company eliminated roughly 8% of professional roles in fiscal Q4, executives said on Thursday’s earnings call.

    By • Nov. 6, 2025
  • 3 bags of Burt's chips
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    Courtesy of Amcor
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    Amcor trims portfolio as Berry integration progresses

    In discussing their first fully combined quarter integrating Berry Global, execs detailed recent sales of two businesses and next steps with the North American beverage business, including a possible joint venture or partnerships.

    By • Nov. 6, 2025
  • Tops of tabbed cans
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    Getty Images
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    Ball optimistic about smaller can sizes

    Executives on an earnings call discussed recent beverage market trends in the tariff-strained environment. The aluminum cans maker is looking forward to a new Oregon facility coming online in the second half of 2026.

    By • Nov. 5, 2025
  • A stack of unfolded, flat paperboard boxes next to one folded box.
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    Getty Images
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    Economic uncertainty throws off folding carton market

    Certain economic conditions and policy changes tamped down an expected recovery period in 2025. But the Paperboard Packaging Council projects shipments could turn around in 2026.

    By • Nov. 5, 2025
  • An aerial view of an industrial facility's campus.
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    Permission granted by Graphic Packaging International
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    Graphic Packaging International begins operating Waco mill

    With the long-anticipated Texas mill now open, executives on Tuesday’s earnings call announced timing for a shutdown elsewhere.

    By • Nov. 4, 2025
  • Packaging labeled 'TriMas' in a TriMas facility in Haining, China
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    TriMas Packaging/YouTube

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    TriMas selling aerospace arm for $1.45B to focus on packaging

    New CEO Thomas Snyder teased growth in packaging “through targeted high-quality acquisitions.”

    By • Nov. 4, 2025
  • A wide shot of Sealed Air's exhibiting area on the show floor of Pack Expo International, with people and machinery throughout
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    Maria Rachal/Packaging Dive/Packaging Dive
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    Sealed Air’s protective material volumes grow in a first since 2021

    The company sees opportunity in diversifying in food service and retail, said CEO Dustin Semach during a Q3 earnings call.

    By • Nov. 4, 2025
  • Bundled stacks of flat corrugated boxes.
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    Getty Images
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    Containerboard production continued downward slide in Q3

    Containerboard capacity cuts could tee up an environment ripe for price increases in early 2026. Conversely, recent boxboard production expansions have resulted in an oversupply.

    By • Updated Nov. 3, 2025
  • Exterior aerial view of Elopak's carton converting plant in Little Rock, Arkansas.
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    Permission granted by Elopak
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    Elopak again growing in US, citing milk carton demand

    The Norwegian carton specialist reported that its new Arkansas factory was profitable in Q3 and will expand again in 2027.

    By • Oct. 31, 2025
  • A stack of flattened corrugated boxes.
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    Permission granted by Georgia-Pacific
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    Georgia-Pacific to close Illinois box plant, affecting 134 employees

    The facility “can no longer competitively serve customers,” a spokesperson said. This marks the company’s exit from operations in Illinois. 

    By • Oct. 30, 2025
  • Aerial view of an industrial facility with an International Paper sign on the outside.
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    Permission granted by International Paper
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    International Paper reverses 2025 box shipment expectations

    Although box shipments ticked up in September and early October, full-year volumes are now expected to be down, executives said on Thursday’s earnings call. They also discussed recently announced closures.

    By • Oct. 30, 2025
  • A person adds void fill to a box package using Ranpak's FillPak Mini void fill converter
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    Courtesy of Ranpak
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    Ranpak details billion-dollar opportunity with Walmart, Amazon

    The automation and packing materials company discussed growing enterprise deals on an earnings call Thursday, including with a major medical supply company.

    By • Oct. 30, 2025
  • Exterior of Smurfit Westrock facility in City of Industry, California
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    Retrieved from Smurfit Westrock on October 29, 2025
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    Smurfit Westrock to close California corrugated facility, affecting 141 workers

    CEO Tony Smurfit referenced the closure during a Wednesday earnings call, noting the company will continue “closing down inefficient or loss-making operations” as part of its optimization efforts.

    By • Oct. 29, 2025
  • A person wearing protective equipments stands next to a several large paper rolls in a factory.
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    Courtesy of Smurfit Westrock
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    Containerboard market ‘pretty bad right now’: Smurfit Westrock CEO

    “Pain is very, very real right now” for containerboard, said CEO Tony Smurfit on Wednesday’s earnings call. He also detailed the company’s efforts to shift focus in its North American business to different fiber grades.

    By • Oct. 29, 2025
  • A variety of paper, plastic, glass and metal packaging on green artificial turf.
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    Getty Images
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    Packaging manufacturers share Q3 takeaways

    Catch up on results from Greif, Amcor, O-I Glass, Ball, Graphic Packaging International, Sealed Air, International Paper and more.

    By Packaging Dive Staff • Updated Nov. 7, 2025
  • View from above of dozens of tabbed beverage cans
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    Getty Images
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    Bumpy beverage trends punctuated Q3 for can makers

    Beer distributors and other beverage companies described price pack architecture opportunities, as well as investments in non-alcoholic markets like energy drinks, on recent earnings calls.

    By • Oct. 28, 2025