Clayton Dubilier & Rice (CD&R), New York, New York, has announced a definitive agreement under which CD&R funds will acquire and combine Fort Dearborn and Multi-Color Corporation. This acquisition hopes to create the world’s largest label solutions company serving customers worldwide. "We see strong strategic logic and promising value creation potential in … [Read more...] about Merger of Fort Dearborn and Multi-Color Corporation to Create Global Label Manufacturer

Proco Machinery Inc., Mississauga, Ontario, has introduced an upgraded flame treater that features several additional enhancements, including automatic self-ignition controls that ignite and control the flame only when required. This results in major energy savings that directly lowers operating costs. The Proco Flame Treater is versatile and can be adapted for a wide range … [Read more...] about Proco Machinery Introduces Upgraded Flame Treater

By Pierre Maillet, president, Cyframe All too often, plastic manufacturing business owners fail to realize that some products are being produced at a loss. One could argue that in such cases they might as well be shipping cash directly to customers. Here are some ways to help identify and correct where and how your company might be leaking cash. As a for-profit company your … [Read more...] about Are You Shipping Cash with Your Packaged Products?

Hasler Ventures LLC, West Lafayette, Indiana, plans to scale up to commercial levels with a Purdue University-patented technology that may accelerate the volume of waste plastic recycling. The innovation is called low-pressure hydrothermal processing. It promises an economically and environmentally safe way to transform polyolefin plastic, the most common form of plastic, … [Read more...] about Purdue Innovation Could Make Recycling More Profitable

Target Corp., Berkeley, California, has committed to reduce annual total virgin plastic in its owned brand packaging by 20% by 2025, following up on a previous agreement to set a plastic elimination goal. In May, after the filing of a shareholder proposal by As You Sow and Green Century Capital Management, Target agreed to set a virgin plastic elimination goal for its … [Read more...] about Target Corp. Commits to 20% Virgin Plastic Reduction Goal