A deal valued at up to $640 million adds 13 Letica Corp. that make rigid plastic packaging and foodservice products and 1,750 employees. They will join five existing RPC facilities in the United States.
The juggernaut that is bottled water consumption grew by 8.5 percent last year, the continuation of a years-long trend that also saw carbonated soft drink volume fall by 1.7 percent in 2016, according to Gary Hemphill, managing director and chief operating officer at Beverage Marketing Corp.
Advanced Drainage Systems Inc. has expanded its footprint in the Southern U.S. by acquiring Plastic Tubing Industries Inc. of Orlando, Fla.
TxV Aero Composites and will include a new U.S.-based manufacturing site, making parts based on PAEK composites, including PAEK inserts, parts and assemblies for large-scale commercial aerospace applications.
GW Silicones continues to invest in its operations, doubling the size of its clean room space, adding machinery and providing services from design to tooling to manufacturing.