Finance
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Tetra Pak launching $22M facility to support food, beverage innovation
The company intends to work with food and beverage customers, as well as co-manufacturers, that own Tetra Pak’s equipment. They’ll collaborate on innovation projects from ideation to product launch.
By Katie Pyzyk • April 1, 2026 -
Georgia-Pacific names new CEO
An existing G-P employee and longtime Koch executive immediately takes over the top role. This comes almost eight months after Georgia-Pacific announced the retirement of its previous CEO.
By Katie Pyzyk • March 26, 2026 -
Packaging stocks among hardest hit by Iran war: Morningstar
Morningstar tracked a packaging stock sell-off over a three-week period. Jefferies also noted this week that packaging manufacturers’ stocks are “significantly underperforming” the S&P 500.
By Katie Pyzyk • March 26, 2026 -
13 North American packaging manufacturers announce expansions
Cascades, ePac, International Paper, Lindenmeyr Monroe and Rand-Whitney were among the packaging companies that announced expansions.
By Katie Pyzyk • March 24, 2026 -
Spring surprise? Containerboard prices reverse course in March.
For the second consecutive month, some observers reported surprise at a containerboard pricing index’s movement. The March increase reinforces expectations that producers will target another price hike this year.
By Katie Pyzyk • March 23, 2026 -
Deep Dive
The Iran war is hitting packaging supply chains. Are the impacts temporary?
Higher fuel and material costs, shipping disruptions and consumer spending are playing into industry impacts. Certain packaging substrates, such as plastics, bear a greater burden than others.
By Katie Pyzyk • March 19, 2026 -
Aptar announces CEO transition
A fellow 30-year veteran of the company, who leads the company’s fast-growing pharma business, will take over when Stephan Tanda retires later this year.
By Katie Pyzyk • March 18, 2026 -
As performance and growth avenues lag, companies pursue M&A
Packaging companies are turning to multiple small-to-medium deals to achieve growth, according to a report from McKinsey & Co. More than 80% of executives surveyed expect M&A activity to increase in the coming years.
By Katie Pyzyk • March 12, 2026 -
O-I Glass flags harsher-than-expected Q1
The company disclosed challenges in Europe that are straining beginning-of-year performance. Looking ahead, glass innovations need to be better poised to capitalize on newer beverage trends, CFO John Haudrich said recently.
By Maria Rachal • March 9, 2026 -
ProAmpac completes TC Transcontinental flexible packaging acquisition
The transaction, backed by Pritzker Private Capital, brings together two of North America’s largest flexible packaging companies.
By Katie Pyzyk • March 6, 2026 -
February closure announcements hit hundreds of North American packaging workers
Packaging manufacturers including Ardagh, Cascades, International Paper and Smurfit Westrock announced a variety of facility and production line closures scheduled to take place in the coming months.
By Katie Pyzyk • Updated March 4, 2026 -
Screenshot: Greif/YouTube
PCA CEO says $5.2B worth of investments will pay off in 2026
Packaging Corporation of America CEO Mark Kowlzan detailed the impact of investments over the last decade, where energy projects are set to occur, and his optimism for nearshoring, during a BofA Securities event.
By Katie Pyzyk • March 2, 2026 -
Sealed Air reduced debt in 2025 ahead of acquisition
Sealed Air released Q4 and full-year 2025 earnings results on the heels of shareholders approving the company’s acquisition by private equity firm CD&R.
By Katie Pyzyk • March 2, 2026 -
Ardagh saw boost for cans, decline for glass in 2025
Energy drink demand bolstered beverage can shipments in North America, while cuts to glass production hit results on that side of the business. It’s Ardagh’s first earnings report since a recapitalization agreement in November.
By Maria Rachal • Feb. 27, 2026 -
Cascades targeting $100M in additional divestitures for 2026
The company achieved ahead of schedule its goal of $120 million in proceeds from asset sales and now targets more. Meantime, Cascades continues to navigate tariffs, which is “an ever-moving” situation, said CEO Hugues Simon.
By Katie Pyzyk • Feb. 26, 2026 -
International Paper CEO pulls back the curtain on planned geographic split
The company wants to “liberate” the North America and EMEA businesses, CEO Andy Silvernail explained at an event Thursday. IP “overestimated” customers’ desire to strike deals on a global basis, he said.
By Maria Rachal • Feb. 26, 2026 -
CD&R’s acquisition of Sealed Air clears hurdles
Shareholders on Wednesday approved private equity firm CD&R’s proposed purchase of the packaging company, days after the European Commission gave the thumbs up to proceed.
By Katie Pyzyk • Feb. 25, 2026 -
February containerboard prices chart ‘surprising’ dip
Despite production pullbacks and improved demand, one index showed a dip in monthly containerboard prices. This “shocked” some industry participants and could jeopardize certain producers’ planned $70 per ton hikes for March 1.
By Katie Pyzyk • Feb. 23, 2026 -
Supreme Court invalidates Trump tariffs based on emergency powers
In a 6-3 decision, the court rejected President Trump's claim that a 1977 law gave him the authority to impose broad tariffs globally.
By Antone Gonsalves • Feb. 20, 2026 -
Takeaways from The Packaging Conference 2026
Speakers at the February event discussed timely industry topics including M&A, EPR, innovation and market growth.
By Katie Pyzyk • Feb. 20, 2026 -
South Carolina, Virginia score packaging manufacturing expansions
Hinton Lumber Products, Georg Utz, Infinity Global and SunDance are growing in the South. Meanwhile, Silgan and Questar Solutions moved their headquarters locally.
By Maria Rachal • Feb. 19, 2026 -
Retrieved from Sonoco on March 21, 2025
Sonoco’s ‘transformation is complete,’ CEO says. What’s next?
A three-year growth strategy is underway that prioritizes innovation, including artificial intelligence, executives explained during a Tuesday investor event.
By Katie Pyzyk • Feb. 17, 2026 -
Retrieved from Sonoco on February 13, 2026
Q&ASonoco settles in after years of change, says new consumer packaging leader
Ernest Haynes recently took the helm of the company’s newly reworked consumer packaging Americas business unit. He spoke about operating within a simpler organization and helping employees navigate uncertainty.
By Katie Pyzyk • Feb. 13, 2026 -
Screenshot: Smurfit Westrock/Vimeo
Smurfit Westrock unveils medium-term plan to accelerate growth
Executives detailed five-year financial targets, further optimization efforts and investments in innovation, including AI tools, during an event Wednesday.
By Katie Pyzyk • Updated Feb. 12, 2026 -
O-I Glass reorienting portfolio to boost non-alcoholic beverages
The shifts come amid volume declines in beer and spirits. The glass packaging manufacturer is also wrapping up planned capacity reductions in Europe and rolling out an updated strategy across its sales force.
By Maria Rachal • Feb. 11, 2026