Amcor, a global leader in high-quality flexible packaging solutions, has announced plans to invest more than $25 million to upgrade its Madison facilities starting in 2018 and into 2019 to expand capacity, improve quality and reduce waste while updating technology. The planned investment includes the acquisition of new machinery and updates to existing infrastructure to enable expanded service offerings for customers in the medical, pharmaceutical, food and home/personal care markets. To mark the start of the expansion, the company’s Madison Plant will host a ground-breaking ceremony on Thursday, Sept. 20, at 12:30 p.m. Click Read More below for additional information.
International Paper (NYSE: IP) today announced that it has completed two previously disclosed transactions – the sale of its corrugated packaging business in China and Southeast Asia to Xiamen Bridge Hexing Equity Investment Partnership Enterprise; and the acquisition of the Holmen Paper Madrid Mill in Spain. The Company plans to convert the newsprint machine to produce recycled containerboard during the second half of 2017.