Finance: Page 5


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    Tariff front-loading buoyed manufacturing in H1, but costs are ahead: OECD

    “The impacts of higher tariff rates are yet to be fully felt in the US economy,” according to a report from OECD, a global policy forum. Negative effects from metals tariffs are of particular concern to the packaging industry.

    By Sept. 24, 2025
  • Five people stand in front of a Nefab building with a grand opening sign and get ready to cut a giant ribbon.
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    Ball, Lamiflex, Nefab announce expansions

    Other packaging manufacturers making investments to expand in the United States include iPower and Ring Container Technologies.

    By Sept. 18, 2025
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    Corrugated comeback? Fiber’s yearslong slide could be easing

    Analysts believe corrugated markets are at an inflection point, in part due to this year’s uncommonly large containerboard capacity reductions and a milder-than-feared tariff environment. But recovery is not expected to be dramatic.

    By Sept. 16, 2025
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    Screenshot: Jefferies

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    International Paper CEO describes wins, challenges with transformation plan

    CEO Andy Silvernail dug into the company’s ongoing optimization and how recent changes in Georgia play a role in long-term return on investments, during a Sept. 4 session at the Jefferies Industrials Conference.

    By Sept. 10, 2025
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    Permission granted by Georgia-Pacific
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    Georgia-Pacific acquires Anchor Packaging

    The companies focus on different substrates and indicate their combination is complementary, especially to serve the food and beverage sectors.

    By Updated Oct. 30, 2025
  • A fiber shipping box with blue and white Orion and ThermoSafe branding sits on a conveyor.
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    Permission granted by ThermoSafe
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    Sonoco divests ThermoSafe for up to $725M

    The final selling price to a private equity firm hinges on business performance in 2025. The long-awaited divestiture of the temperature-assured packaging business will help Sonoco offset the cost of its Eviosys acquisition.

    By Updated Nov. 3, 2025
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    Screenshot: Jefferies

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    Graphic Packaging International embracing paper cup opportunities, CEO says

    At an event this week, CEO Mike Doss described how Graphic Packaging International’s play to be the king of cups is paying off amid customers’ economic challenges.

    By Sept. 5, 2025
  • Three different sizes of cartons that bear branding for Pactiv Evergreen's SmartPour.
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    Katie Pyzyk/Packaging Dive
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    IP, Novolex, Smurfit Westrock among companies with August layoff announcements

    At least seven companies announced temporary and permanent layoffs that are slated to affect employees in multiple states, most prominently in Georgia and California.

    By Sept. 4, 2025
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    PCA completes $1.8B acquisition of Greif’s containerboard business

    The divestiture “marks an important step forward for Greif,” CEO Ole Rosgaard said Tuesday, noting the deal’s contribution to debt reduction. The company adjusted its full-year guidance upon announcing the deal closed.

    By Sept. 2, 2025
  • A worker operates a forklift in an industrial warehouse, surrounded by large rolls of a fiber product.
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    Retrieved from Greif on June 11, 2024
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    Greif cites progress of business reorganization, cost cutting

    Executives on the fiscal Q3 earnings call Thursday also shared updated timing on two major divestiture closings, with one coming slightly ahead of projections and the other slightly later.

    By Aug. 28, 2025
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    Getty Images
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    Ball reduces stake in Saudi Arabia cans venture to 10%

    The Colorado-based aluminum products manufacturer sold most of its ownership interest to a subsidiary of a Beijing-based packaging solutions provider for approximately $70 million.

    By Aug. 28, 2025
  • A view of an industrial machine with Ranpak's name and AutoFill branding on the exterior.
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    Permission granted by Ranpak
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    Q&A

    Ranpak lands second major e-commerce deal of 2025

    A deal with Walmart comes after one with Amazon. CEO Omar Asali discusses the importance of these enterprise customers, riding the AI wave for automation and navigating economic uncertainty ahead of the busy holiday season.

    By Aug. 26, 2025
  • House Speaker Johnson signs a paper, while seated at a table with a sign that reads "One Big Beautiful Bill Act," while surrounded by a group of people.
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    Chip Somodevilla via Getty Images
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    Trump’s tax law could boost cash flow for manufacturers with deductions and more

    The recently signed tax law allows bonus depreciation for qualifying equipment, offers R&D deductions, locks in the corporate tax rate and more. But tariffs and tax code interpretations could still complicate companies’ financial plans.

    By Michelle No • Aug. 26, 2025
  • Canadian Prime Minister Mark Carney (center) and U.S. President Donald Trump (right) walk together during the G7 Leaders' Summit on June 16, 2025, in Kananaskis, Alberta. Italian Prime Minister Giorgia Meloni walks behind Carney and Trump.
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    Chip Somodevilla via Getty Images
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    Canada to scale back retaliatory tariffs for US imports on Sept. 1

    The country will lift levies on goods compliant with the United States-Mexico-Canada Agreement while maintaining sector-specific duties on steel, aluminum and cars.

    By Phil Neuffer • Aug. 22, 2025
  • Close-up view of a printed seal on a brown cardboard box. The black circular stamp includes product details and is from "INTERNATIONAL PAPER" located in "BINGHAMTON, NY." Additional printed text is visible on the right-hand side in large black font.
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    Alamy
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    International Paper to close 4 facilities, affecting 1,100 employees

    It’s one of the the latest in a series of streamlining efforts under CEO Andy Silvernail, affecting a range of packaging facilities and mills.

    By Aug. 21, 2025
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    International Paper sells global cellulose fibers unit for $1.5B

    Private equity firm American Industrial Partners is the buyer in the long-anticipated sale. CEO Andy Silvernail has been pushing to make International Paper a more streamlined, pure-play packaging solutions company.

    By Updated Jan. 23, 2026
  • Close-up view of the edge of flattened corrugated boxes, showing the corrugating medium between the linerboard layers.
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    Getty Images
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    Containerboard price-fixing lawsuit advances

    The complaint against eight of the largest U.S. containerboard producers is “definitely not frivolous” and shows a “pretty solid basis for bringing the action,” said one attorney with antitrust defense expertise.

    By Aug. 20, 2025
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    Courtesy of Pactiv Evergreen
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    Novolex closing Pactiv Evergreen plant in California, affecting 127 employees

    This follows a Pactiv Evergreen facility closure in Michigan earlier this year that resulted in 153 layoffs.

    By Aug. 20, 2025
  • A large roll of kraft paper in a factory setting
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    Getty Images
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    4 fiber companies’ earnings flag ‘challenging’ industry conditions

    Weak demand, trade conditions, divestitures and swing production dominated earnings reports from Clearwater Paper, Sappi, Stora Enso and Sylvamo.

    By Aug. 15, 2025
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    Amcor considers divesting North American beverage business

    The company is redefining its “core portfolio” after acquiring Berry Global. Since finalizing that deal, Amcor has cut 200 roles and worked to close five sites. It’s also hit some unexpected snags in North America.

    By Aug. 14, 2025
  • A large roll of white paper is next to industrial equipment in a manufacturing facility.
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    Retrieved from Screenshot: Sappi/YouTube on August 14, 2025
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    Hood Container, Sappi, Uline invest in expansions

    Cosmo Films, Eco King, Flair Packaging, Schütz Container Systems, TricorBraun and Trioworld Group are among the other packaging companies expanding their production capacities or geographical footprints.

    By Aug. 14, 2025
  • Outside view of an office building with a sign for Cascades paper.
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    Courtesy of Cascades
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    Cascades details Virginia production ramp-up, New York wind-down

    The Canadian fiber specialist said it accelerated the closure of corrugated medium manufacturing operations in Niagara Falls in light of notable tonnage increases at Bear Island that persisted through July.

    By Aug. 7, 2025
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    Courtesy of Ball Corp.
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    Ball optimistic after growth in nonalcoholic beverages

    Meanwhile, the can manufacturer has been doing some “repositioning” of its beer-heavy portfolio, as that category has been relatively soft across geographies. The company called tariff impacts “manageable.”

    By Aug. 6, 2025
  • A view of numerous trees in a dense forest.
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    Greif sells timberlands business for $462M

    The sale to Molpus Woodlands Group aligns with Greif’s ongoing optimization and cost-reduction efforts.

    By Updated Oct. 2, 2025
  • Cookies are housed in a clear plastic try with a reclosable plastic film cover.
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    Katie Pyzyk/Packaging Dive
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    Sealed Air details protective packaging turnaround progress, introduces new CFO

    The second quarter of 2025 brought the most stable year-over-year volume results for protective packaging since 2021, said CEO Dustin Semach on Tuesday’s earnings call.

    By Aug. 5, 2025