Cascades Sonoco Birmingham Now SQF Certified

Fourth Quarter Highlights (all comparisons made to the September 2019 quarter): *Net sales of $3 billion with 4 percent organic volume growth *Operating income of $349 million *Operating EBITDA up 18 percent to $586 million *Net income per diluted share of $1.44. Fiscal Year Highlights (all comparisons made to fiscal year 2019): *Net sales of $11.7 billion with 2 percent organic volume growth *Operating income up 21 percent to $1.2 billion *Operating EBITDA up 41 percent to $2.2 billion *Net income per diluted share up 38 percent to $4.14 *RPC Group Plc (“RPC”) integration and synergy realization progressing better than plan *Exceeded guidance for both cash flow from operations and free cash flow, recording $1.5 billion and $947 million, respectively.

Taking a quantum leap forward in reducing weight in packaging, Amcor Rigid Packaging has developed a revolutionary two-step, lightweighting technology that eliminates more than 50% of the material and weight in the finish of the bottle. A leader in developing technology that produces more sustainable packaging options, ARP’s new Quantum™ technology for polyethylene terephthalate (PET) bottles delivers sustainability benefits, lowers cost, and improves packaging appearance. By removing more than 50% of the material and weight from the finish, the new Quantum™ technology reduces manufacturing costs and GHG emissions, resulting in energy savings and lower carbon emissions compared to bottles with a traditional finish. Quantum™ technology also allows for up to 100% recycled material use and provides a superior consumer experience with a more sustainable, fully recyclable package.

Timm will be responsible for delivering operational excellence and growth of Pregis’ blown film and converting operations in the new Anderson, South Carolina facility, as well as the Grand Rapids, Michigan location. The company recently announced a $80 million investment in the new South Carolina operation which will be serving food, CPG, medical, and converter market segments with engineered, customer-focused flexible packaging solutions tailored to the dynamic needs of brand owners and suppliers. “We view growth in specialty films as one of our top strategic imperatives. As the leader of this business, Dave will be charged with delivering on our aggressive goals through organic business growth and strategic expansion. He will oversee the significant investments we’ve made in our operations and build out a center of excellence with the vision of being the first choice in the market. As we look to the future, Dave will reinforce the Pregis Purpose to ‘Protect, Preserve, Inspyre’ by innovating, providing manufacturing excellence and delivering flexible packaging solutions that are driven by our Pregis 2K30 sustainability plan,” said Kevin Baudhuin, president and CEO, Pregis.