A U.S. plastics industry trade group is giving cautious praise to the Aug. 27 announcement from the U.S. and Mexican governments that they've struck what they're calling a preliminary agreement to replace the North American Free Trade Agreement.
Researchers from Citi paint an extensive picture of the battle between plastics, paper, metal and glass in packaging. The stakes are huge. Packaging accounts for about 45 percent of the $1 trillion global plastic market.
Cary, N.C.-based Ply Gem Parent LLC will acquire the hollow-core vinyl window and patio door business of Andersen Corp. for $190 million in a deal that includes four manufacturing plants employing more than 4,000 people.