Manufacturing: Page 4
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Ardagh Metal Packaging shipment volumes grew 5% in 2023
The business was hit by end-of-year customer destocking, particularly in Europe, while sales in the Americas showed continued strength.
By Maria Rachal • Feb. 23, 2024 -
Graphic Packaging touts consumer packaging growth, announces $700M paperboard plant sale
GPI executives highlighted innovation’s role in the company’s growth and its shift toward consumer packaging during an investor day event.
By Katie Pyzyk • Feb. 22, 2024 -
Confusion abounds over whether markets are accepting fiber price hikes
In the second month since the fiber price hikes were supposed to take effect, markets still aren’t reflecting the full increases that companies announced and packaging executives are questioning a key pricing index.
By Katie Pyzyk • Updated Feb. 21, 2024 -
Sonoco says paper Pringles can sales are one signal of volume recovery
Consumer products customers are returning to normal pricing following destocking, said executives on Sonoco’s Q4 and full-year 2023 earnings call. But consumer spending shifts continue amid inflation pressure.
By Katie Pyzyk • Feb. 15, 2024 -
Arglass envisions ‘maximum flexibility’ Georgia production site
The U.S. packaging manufacturer says a forthcoming furnace could make 350 million glass containers per year. The ability for smaller production runs could make it resilient to market trends and more approachable for customers.
By Maria Rachal • Feb. 15, 2024 -
Limited-edition Valentine’s Day packaging still captures hearts — and significant sales
From intricate handmade designs to large-scale productions with characters such as Snoopy, packaging for chocolates and confections on Feb. 14 has come a long a way.
By Barbara Hesselgrave • Feb. 14, 2024 -
Cascades to close 3 containerboard facilities, affecting 310 workers
The company plans to shift production from sites in the U.S. and Canada to newer facilities, following other closures in Oregon and South Carolina last year. It will assist laid-off employees with finding new jobs.
By Katie Pyzyk • Feb. 13, 2024 -
O-I Glass says demand in beer and food is recovering, destocking lingers for wine and spirits
The year ended with shipments down 16% in Q4. Sales were hurt by customer destocking, which CEO Andres Lopez said began later than in other categories, giving O-I hope to mirror recovery trends in other parts of the industry.
By Maria Rachal • Feb. 9, 2024 -
Crown touts beverage can growth in Americas as equipment sales stall
CEO Tim Donahue described a positive outlook for the Americas Beverage and Transit Packaging divisions while also describing weak demand for aerosols and canmaking equipment. Crown closed five production facilities in Q4.
By Maria Rachal • Feb. 6, 2024 -
SPC overhauls sustainable packaging development guide
Sustainable packaging involves more than just recyclability, according to the Sustainable Packaging Coalition’s new definition of the term. It also should consider elements like end markets and ease of opening.
By Katie Pyzyk • Feb. 6, 2024 -
Sonoco to close facilities in Washington and Tennessee, affecting 117 workers
The decisions will shutter an uncoated paperboard mill, part of Sonoco’s “ongoing strategy to optimize our mill network and lower operating costs,” as well as an ends and closures facility.
By Katie Pyzyk , Maria Rachal • Feb. 5, 2024 -
Packaging manufacturers’ sales results in 2023
See how major packaging companies, including Ardagh, Ball, Crown, O-I Glass, Sonoco, Smurfit Kappa and others, closed out the year, with more earnings reports to come.
By Packaging Dive Staff • Updated March 1, 2024 -
Ball looks to put Bud Light disruption behind it in 2024
The company is also focused on optimizing its production capacity, as well as opportunities following the pending sale of its aerospace business, which will make it a pure-play aluminum packaging company.
By Maria Rachal • Feb. 2, 2024 -
Stora Enso to lay off up to 1,000 employees under profit improvement program
The company is launching the plan following “a historical low fourth quarter in 2023” and dim hopes for significant recovery in Q1. It recently completed a previous restructuring effort that resulted in 1,150 layoffs.
By Katie Pyzyk • Feb. 1, 2024 -
Lingering destocking trends affect Silgan sales, but CEO projects 2024 recovery
CEO Adam Greenlee also said during a Wednesday earnings call that consolidation of five manufacturing facilities will support a $50 million cost savings plan, 40% of which will be realized by the end of this year.
By Maria Rachal • Feb. 1, 2024 -
Graphic Packaging, WestRock, Crown announced layoffs in January
More than 700 jobs are expected to be impacted following multiple closure announcements this month, with North Carolina workers particularly affected.
By Maria Rachal • Jan. 31, 2024 -
Q&A
Paperboard Packaging Council’s new leader talks importance of listening, representation
PPC promoted Emily Leonczyk to executive director and vice president. She plans for “feet-on-the-ground” engagement during a series of facility visits to better understand members’ changing needs.
By Katie Pyzyk • Jan. 29, 2024 -
Can maker Crown to close plants in Illinois, Mississippi
About 190 employees may be impacted by site closures expected in March.
By Maria Rachal • Jan. 24, 2024 -
WestRock to build $140M box plant in Wisconsin
Construction is expected to begin in Q2 and finish next year. Upon the Wisconsin plant’s opening, a nearby Illinois facility will close.
By Katie Pyzyk • Jan. 23, 2024 -
The packaging industry outlook for 2024
Packaging Dive takes a closer look at what’s in store for policymaking, producer responsibility, plastics and more.
By Packaging Dive Staff • Jan. 23, 2024 -
Will fiber price hikes stick in 2024? Early signs are questionable.
Fiber packaging companies including Greif, Sonoco and WestRock announced price increases, largely citing higher production costs. But multiple observers believe the hikes are ill-timed and could be reversed.
By Katie Pyzyk • Jan. 23, 2024 -
Graphic Packaging discloses closures and layoffs in Michigan, Massachusetts
The packaging company also said this month it will close a converting facility in Charlotte, North Carolina.
By Katie Pyzyk • Updated Jan. 18, 2024 -
WestRock to close plants in Seattle and North Carolina, affecting more than 240 jobs
Production volumes from the Seattle box plant and North Carolina healthcare packaging plant will shift to other WestRock facilities. Laid-off employees can apply for open positions at other locations.
By Katie Pyzyk • Jan. 18, 2024 -
Graphic Packaging to close paperboard converting facility, affecting 112 jobs
A Graphic Packaging International spokesperson provided details about the company’s decision to consolidate production at the Charlotte, North Carolina, plant into the company’s “broader network of plants.”
By Katie Pyzyk • Jan. 17, 2024 -
5 packaging trends to watch in 2024
Shifting consumer habits and manufacturing footprints, evolving end-of-life design and looming sustainability targets are some of the factors poised to impact the packaging industry this year.
By Katie Pyzyk , Maria Rachal • Jan. 8, 2024