| Breaking News |
BATAVIA, ILL. (July 25, 6:10 p.m. EDT) -- Portola Packaging Inc., one of the largest makers of tamper-evident closures and plastic containers for water, juice and dairy products, will enter a restructuring support agreement.
Managers acquire injection molder MXL
LANCASTER, PA. (July 25, 6 p.m. EDT) -- Lancaster-based injection molder MXL Industries Inc. is under new ownership after a group of upper-level managers bought the company from National Patent Development Corp., a distributor of home-improvement products and hardware.
Fabri-Kal gets tax break for investment
KALAMAZOO, MICH. (July 25, 6:55 p.m. EDT) -- Kalamazoo officials will grant a property tax abatement to Fabri-Kal Corp. to enable the Kalamazoo thermoformer to relocate part of its operations.
MERRIMACK, N.H. (July 25, 5:50 p.m. EDT) -- Contract molder Tech NH Inc. recently completed a 7,000-square-foot addition to its Merrimack plant and installed a 780-ton Nissei injection press. The company also plans to add a 700-square-foot clean room by the end of August.
Analysts: Cross-border deals up in second half
AKRON, OHIO (July 25, 5:45 p.m. EDT) -- International players are big on the mergers and acquisitions scene this year — and in certain plastics sectors, that’s likely to pick up, in part spurred by the weak U.S. dollar, several analysts said.
Despite hurdles, Guatemala’s Polytec grows
GUATEMALA CITY (July 25, 5:15 p.m. EDT) -- Polímeros y Tecnología SA de CV (Polytec) has purchased what it claims is the first three-layer Windmöller & Hölscher Varex blown film coextrusion line in Central America. The flexible packaging maker has been adding equipment and land, and has added acreage to its campus.
Plastic bag bans, taxes gain ground
Dooley: Industry must build broad coalition
Alcan cosmetics division buying Tubapak
Danafilms gaining capacity with new film line
Winpak purchases film converting operation
Rotomolders group outlines initiatives, dues
Processors besieged by resin price hikes
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