VPK Group agrees deal for acquisition of Encase (packagingnews.co.uk)

We are so excited to announce the opening of our new branch facility in Kansas City, MO! With the growth and expansion of our customer base and sales representation into the Midwest, Kansas City is a prime location to service existing and new customers throughout Kansas, Missouri, Iowa and Nebraska. Our team has been hard at work to get up and running at this new location. We have sales reps, inside sales, warehousing operations, logistics, technicians, and engineers based in and around Kansas City ready to serve this area of the country with the same care and attention that our customers have come to expect.

Fourth Quarter 2022 Financial Highlights: *Net Revenues of $1,476 million for the fourth quarter of 2022 were down 3% compared to $1,527 million in the fourth quarter of 2021 and down 8% compared to $1,609 million in the third quarter of 2022. *Net Income from continuing operations of $27 million for the fourth quarter of 2022 decreased 21% compared to $34 million in the fourth quarter of 2021 and decreased 85% compared to $175 million in the third quarter of 2022. Full Year 2022 Financial Highlights: *Net Revenues of $6,220 million for the year ended December 31, 2022 were up 14% compared to $5,437 million in the prior year. *Net Income from continuing operations of $319 million for the year ended December 31, 2022 compared to $33 million in the prior year.

Evergreen Packaging , a global leader in the manufacturing of refrigerated paper cartons, debuted a Fully Renewable Carton, part of their Renewable Plus Carton line featuring sugarcane-based polyethylene. Part of the Evergreen Packaging family of FreshHouse™ Cartons, the new Renewable Plus Cartons underscore the company’s commitment to developing sustainable packaging solutions from renewable materials. “Our new Renewable Plus Carton reflects our promise to continually innovate and create unique renewable packaging solutions that serve both customers and consumers,” said DeWitt Clark, Vice President of North American Packaging at Evergreen Packaging. “Customers can offer fully renewable carton options which leverage our industry-leading expertise in barrier extrusion technology. Consumers can feel good about purchasing products knowing that they’re purchasing packaging made from renewable materials.” Click Read More below for additional detail.