Finance
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Ball to acquire majority stake in Benepack
A German regulatory authority approved the deal Wednesday that would transfer two European production facilities into Ball’s ownership.
By Katie Pyzyk • Dec. 11, 2025 -
Sealed Air hires former Sonoco exec to lead food business
Russell Grissett, an industry leader, is the latest addition to the company in a year of change for Sealed Air, which could be taken private next year.
By Maria Rachal • Dec. 10, 2025 -
Graphic Packaging International names new CEO
CEO Mike Doss will depart at the end of December. Separately, GPI announced a $60 million cost-cutting plan that will result in employee layoffs in 2026.
By Katie Pyzyk • Dec. 8, 2025 -
Retrieved from UPM on December 08, 2025
Sappi, UPM propose $1.65B graphic paper joint venture
The proposed JV will focus on the European market, but also includes a UPM Minnesota mill. The deal is expected to have broader implications for the North American market upon completion.
By Katie Pyzyk • Dec. 8, 2025 -
ProAmpac to acquire TC Transcontinental Packaging for $1.5B
The deal continues an M&A streak for ProAmpac as it plans to grow even bigger in flexible packaging.
By Maria Rachal • Dec. 8, 2025 -
TriMas names new CFO as company hones packaging focus
Paul Swart is rejoining the Michigan-based company as it works to complete a $1.45 billion sale of its aerospace business.
By Maria Rachal • Dec. 5, 2025 -
PCA to shut down machines in Washington, affecting 200 jobs
Packaging Corporation of America is slated to permanently close a paper machine and kraft pulping operations at its Wallula mill in early 2026. It’s working on upgrades at other mills to augment the lost capacity.
By Katie Pyzyk • Dec. 4, 2025 -
November layoff announcements from Printpack, Graphic Packaging, Smurfit Westrock and more
International Paper made up the bulk of the more than 1,000 announced job cuts, many of which are slated to take place in 2026.
By Katie Pyzyk • Dec. 2, 2025 -
Tariffs remain heart of economic uncertainty: PMI
The levies are having the opposite effect on manufacturing sectors as what was intended, with economic uncertainty leading to manufacturing weakness, said Susan Spence, chair of the ISM’s Manufacturing Business Survey Committee.
By Sara Samora • Dec. 2, 2025 -
Novvia Group names former waste industry leader as CEO
Bob Boucher joined Novvia in November, replacing Sarah Macdonald upon her retirement.
By Jacob Wallace • Dec. 2, 2025 -
Orbis, Peli BioThermal, Averra expanding US packaging manufacturing
Amcor, Gaia Biomaterials, Saica, SmartSolve and Wyda are also adding to their American footprints.
By Katie Pyzyk • Nov. 18, 2025 -
Sealed Air agrees to sell to private equity firm for $6.2B
The deal would lead to the food and protective packaging company delisting from the New York Stock Exchange in mid-2026. But first, it allows Sealed Air 30 days to solicit other offers before moving ahead with the transaction.
By Cole Rosengren • Nov. 17, 2025 -
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 Katie Pyzyk • Nov. 14, 2025 -
Retrieved from Sealed Air on November 14, 2025
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 Katie Pyzyk • Nov. 14, 2025 -
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 Cole Rosengren • Nov. 13, 2025 -
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 Maria Rachal • Updated Nov. 12, 2025 -
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 Katie Pyzyk • Nov. 12, 2025 -
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 Katie Pyzyk • Nov. 10, 2025 -
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 Katie Pyzyk • Nov. 10, 2025 -
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 Maria Rachal • Nov. 10, 2025 -
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 Maria Rachal • Nov. 7, 2025 -
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 Katie Pyzyk • Nov. 6, 2025 -
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 Maria Rachal • Nov. 6, 2025 -
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 Maria Rachal • Nov. 5, 2025 -
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 Katie Pyzyk • Nov. 5, 2025