Finance


  • Snacking brands made by PepsiCo's Frito-Lay division on a grocery store shelf in Washington, D.C.
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    Christopher Doering/Packaging Dive
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    Snacking takes a hit as consumer spending shifts to food staples

    PepsiCo, Mondelēz and Campbell’s are among the companies that noted a slowdown in chips, cookies and other treats as shoppers prioritize essentials such as meats and eggs.

    By Christopher Doering • May 22, 2025
  • Ball cans and bottles.
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    Permission granted by Ball Corporation
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    Ball CFO to depart after less than 2 years in role

    Ball will rely on a longtime executive to serve as interim CFO upon Howard Yu’s departure next month. 

    By May 22, 2025
  • Rows of metal cans on a manufacturing line.
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    Frazao Studio Latino via Getty Images
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    Can Manufacturers Institute to get new president as longtime leader retires

    A leader from within CMI’s ranks will take over next month for President Robert Budway, who is retiring after nearly 40 years with the association.

    By May 21, 2025
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    Mikola249 via Getty Images
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    Fiber producers see pricing upside for late 2025 amid capacity, tariff changes

    A temporary reduction in tariffs with China and upcoming mill closures by Georgia-Pacific and others could contribute to pricing and demand improvements in the second half of the year, according to analysts.

    By May 20, 2025
  • Aerial view of an industrial facility surrounded by trees and located next to waterways.
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    Retrieved from Domtar on May 19, 2025
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    Domtar nears decision on converting Quebec mill to containerboard

    The company did not confirm an official decision yet, but union Unifor says the investment tentatively is a go. Analysts note a current containerboard oversupply, but conditions could change by the time a conversion is complete.

    By May 19, 2025
  • A sign for an industrial facility welcoming visitors to Georgia-Pacific's Cedar Springs containerboard mill.
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    Permission granted by Georgia-Pacific
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    Georgia-Pacific to cut 535 jobs in containerboard mill closure

    The company doesn’t believe this mill in Cedar Springs, Georgia, can competitively serve customers in the long-term. While most employees will be let go by August, some will remain to assist with the facility shutdown.

    By Updated May 14, 2025
  • Close-up view of the edge of flattened corrugated boxes, showing the corrugating medium between the linerboard layers.
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    Adisak Mitrprayoon via Getty Images
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    Amid industry frustration about fiber price indexes, Bloomberg presents alternative

    Existing pricing indexes haven’t kept up with changes in fiber manufacturing and sales over the last several decades, so Bloomberg developed an alternative, according to speakers on Tuesday’s webinar introducing the index.

    By May 14, 2025
  • The East facade of the Capitol Building in Washington DC.
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    dkfielding via Getty Images
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    Ameripen names new executive director

    The new head has a background in food service packaging and sustainability work and will lead the association “through one of the most consequential periods for packaging policy in U.S. history.”

    By May 13, 2025
  • International Paper's new logo.
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    Courtesy of International Paper/Cision
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    International Paper to restructure footprint along US-Mexico border

    Two facility closures in Texas will accompany investments in that state and in Mexico. Although the closures mean some employees are slated to be laid off, the company said new positions will open due to the investments.

    By May 12, 2025
  • A production line seals poultry packages with plastic film made from chemically recycled content
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    Courtesy of ExxonMobil
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    Sealed Air says USMCA exemption minimizes tariff exposure, touts turnaround plans

    The protective and food packaging company’s results were down year over year, but CEO Dustin Semach said there are signs of improvement and noted a recent investment in sales staff to regain market share.

    By May 8, 2025
  • Lots of soda/beer cans in rows
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    LordRunar via Getty Images
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    Ball says tariff impacts so far have been minimal

    The aluminum can manufacturer’s global shipments rose 2.6% during the first quarter, thanks in part to market strength in Europe and growth in non-alcoholic beverages.

    By May 7, 2025
  • O-I Glass global headquarters.
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    Courtesy of O-I Glass
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    O-I says glass supply chains are a strength amid aluminum tariffs

    The Ohio-based company saw shipments grow in Q1, driven in part by advanced purchasing ahead of new tariffs. But in Europe, O-I is curtailing production.

    By May 5, 2025
  • Machinery inside Graphic Packaging International's Kalamazoo, Michigan, paperboard production plant.
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    Permission granted by Graphic Packaging International
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    Smurfit Westrock, GPI, Hood Container announced facility closures in April

    Case Paper Co. also disclosed a change to its footprint. Additionally, O-I Glass shared that it’s reevaluating its operations in France.

    By May 5, 2025
  • A close-up view of a black hot cup lid with Graphic Packaging International's name and a symbol indicating polystyrene.
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    Katie Pyzyk/Packaging Dive
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    Consumer spending slumps pull down Graphic Packaging’s results

    Already cost-stressed consumers further curbed spending in Q1, including at quick-service restaurants, and customer promotions didn’t help, Graphic Packaging International CEO Mike Doss said on the company’s earnings call.

    By May 2, 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 invests in converting, cuts other production

    Footprint optimization continues nine months post merger. Meanwhile, Smurfit Westrock has felt little material impact from tariffs, in part due to recent supply chain reconfiguration, executives said on Thursday’s earnings call.

    By May 1, 2025
  • A roll of paperboard in an industrial facility.
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    Foto-Video-Studio via Getty Images
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    Greif to close Los Angeles mill, end West Coast coated paperboard production

    Closing the mill, which manufactures CRB and URB, will affect an estimated 72 employees. The move is part of a multiyear cost reduction plan.

    By Updated May 1, 2025
  • Amcor logo
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    Permission granted by Amcor
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    Amcor completes acquisition of Berry Global

    On an earnings call late Wednesday, Amcor executives detailed intentions for cost reductions and pruning the portfolio, as well as current demand weakness.

    By Updated May 1, 2025
  • Close-ups of multiple tab-open cans
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    w-ings via Getty Images
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    Sonoco scales global metal packaging business, downplays tariff exposure

    The company is progressing on the integration of Eviosys, now known as Sonoco Metal Packaging EMEA. Europe now accounts for nearly 40% of Sonoco’s business, executives noted.

    By April 30, 2025
  • A closeup of the bottom of a corrugated box with International Paper's
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    Rachel Pollack/Packaging Dive
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    International Paper sees Q1 sales boost despite economic uncertainty

    Much of the uptick occurred due to IP’s acquisition of DS Smith in January. Meantime, CEO Andy Silvernail reflected on the company’s transformation during his one year at the helm.

    By April 30, 2025
  • Aerial view of warehouse with boxes
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    temp via Getty Images
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    Packaging manufacturers post Q1 results

    Discussions of tariff impacts are a through line in earnings calls so far. Catch up on commentary from Sealed Air, Ball, Graphic Packaging International, Smurfit Westrock and more.

    By Packaging Dive Staff • Updated May 8, 2025
  • Different containers of canned food
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    OlenaMykhaylova via Getty Images
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    Crown cautiously optimistic for 2025 growth

    The cans manufacturer raised guidance for 2025 after a stronger than expected first quarter. Speaking on tariffs, Crown Holdings executives also quantified estimates for direct and indirect impacts.

    By April 29, 2025
  • View from above of dozens of tabbed beverage cans
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    gerenme via Getty Images
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    Ardagh Metal Packaging expects ‘minimal impact’ from tariffs

    Domestic sourcing, regional production and consumption, lack of empty-can imports and cost pass-throughs in contracts are all benefiting the company, executives said.

    By April 25, 2025
  • tops of white plastic jugs
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    niuniu via Getty Images
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    TricorBraun names new CEO

    The global packaging supplier is bringing in an executive from the truck equipment sector who previously worked with current head Court Carruthers.

    By April 23, 2025
  • A variety of corrugated shipping boxes.
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    Retrieved from Packaging Corporation of America on February 27, 2025
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    PCA’s packaging sales surge despite tariffs’ drag on demand

    Packaging Corporation of America says it achieved a revenue milestone in Q1, with bookings and billings also up in Q2 so far. But economic uncertainty is prompting an adjustment to maintenance outage schedules.

    By April 23, 2025
  • Close-up view of flat, stacked corrugated boxes.
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    SafakOguz via Getty Images
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    Fiber producers could be teeing up another round of price increases

    Analysts say that producers are watching tariffs, and whether the seasonal demand uptick will occur this year, as factors in pricing decisions.

    By April 22, 2025