Finance: Page 2

  • 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
  • A Smurfit WestRock banner hangs in front of the New York Stock Exchange
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    Courtesy of Smurfit WestRock
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    Q&A

    Smurfit Westrock North America CEO talks post-merger priorities

    Reflecting on more than 30 years with the company, Laurent Sellier describes differences in European and North American markets, EPR impact, the role of “megaplants,” and insights from touring U.S. facilities this year.

    By • Updated Oct. 29, 2025
  • Rows of cylindrical plastic containers lined up.
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    Permission granted by Sonoco
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    Sonoco lowers full-year guidance, notes ‘targeted restructuring’ in Mexico, Europe

    Sales were up following acquisitions, but certain negative signs persisting into Q4 dampened the 2025 outlook.

    By • Oct. 24, 2025
  • An aerial view of an industrial facility's campus.
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    Screenshot: Greif/YouTube

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    PCA details Greif integration, upcoming mill energy projects

    Packaging Corporation of America spent more time than anticipated getting two mills up to speed following its $1.8 billion acquisition of Greif’s containerboard business in September, executives said on Thursday's earnings call.

    By • Oct. 23, 2025
  • Close-up view of flat, stacked corrugated boxes.
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    Getty Images
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    Smurfit Westrock removed from price-fixing case, others file for dismissal

    Although Smurfit Westrock was dismissed, it’s not entirely out of the woods regarding the containerboard price collusion lawsuit. Separately, other defendants filed individual and collective motions to dismiss.

    By • Oct. 22, 2025
  • A close-up view of various old corrugated boxes that are flattened.
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    Getty Images
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    China’s new pulp import restrictions create ‘black swan event’ for OCC

    The announced restrictions on dry-milled recycled pulp imports could set the table for a full ban on the material. While OCC prices dropped, many industry participants are in wait-and-see mode, sources say.

    By • Oct. 20, 2025
  • A ProAmpac display at Pack Expo Las Vegas 2025.
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    Maria Rachal/Packaging Dive
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    International Paper offloads bag converting to ProAmpac

    For ProAmpac, it’s a fourth acquisition growing its paper packaging business since the start of 2024. Meanwhile, International Paper continues its push to streamline its portfolio.

    By • Oct. 20, 2025
  • 7 people smile and cut a red ribbon in front of Pregis' new facility in Elgin, Illinois, on Sept. 19, 2025.
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    Courtesy of Pregis
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    Midwest and South poised for new packaging manufacturing jobs

    Pratt Industries, Pregis, Smurfit Westrock and Axium Packaging are among the companies that have announced or opened new or expanded production operations in recent weeks.

    By • Oct. 14, 2025
  • An Amcor sign on a building
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    Courtesy of Amcor
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    Amcor hires away Graphic Packaging’s CFO

    Stephen Scherger, Amcor’s soon-to-be chief financial officer, will oversee the ongoing Berry Global integration, including portfolio optimization efforts.

    By • Oct. 10, 2025
  • A sign outside a building says Packaging Corporation of America.
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    Getty Images
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    PCA closures in Pennsylvania, North Carolina hit 168 jobs

    The end-of-year cuts come as the corrugated specialist also integrates newly acquired assets from Greif’s containerboard network into its U.S. footprint.

    By • Oct. 7, 2025
  • An adult uses an aerosol can containing cleaner while working on auto parts with a child.
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    Screenshot: Sonoco/Vimeo

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    Sonoco’s inaugural TV ads put a lens on packaging’s everyday moments

    The company tapped into modern tools such as connected TV. Return on investment has been stronger than expected, said a metal packaging marketing director.

    By • Oct. 6, 2025
  • The back of a factory worker carrying their hardhat in hand and leaving the plant.
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    Getty Images
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    Fiber, plastic producers announced closures in September

    Closures and layoffs at Domtar, Jindal Films America and Pregis will occur in three states. Meanwhile, Swedish company Billerud is cutting roles in Europe.

    By • Oct. 2, 2025
  • Hundreds of people in a convention center
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    Katie Pyzyk/Packaging Dive
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    Top packaging trade shows in 2026

    These conferences and events — ranging from smaller-scale niche gatherings to shows bringing together some 50,000 people — promise fresh opportunities for learning and making connections.

    By Packaging Dive Staff • Oct. 1, 2025
  • Equipment with branding for TemperPack is set up in an exposition hall.
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    Maria Rachal/Packaging Dive
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    Closed Loop to loan TemperPack $10M

    This is Closed Loop’s third loan since 2018 for the Virginia-based cold-chain packaging solutions company focused on plant-based alternatives to plastic foam.

    By • Sept. 30, 2025