Thermoforming
The Hartsville, S.C.-based business is considering a sale as a way to raise money to help pay for a recently announced metal container business purchase.
Middlefield, Ohio-based Mercury Plastics LLC, a subsidiary of Masco Corp., has announced a $15 million investment to expand of its facility in northeast Ohio to house a 10 MeV electron beam accelerator.
Party City Holdco Inc. is liquidating a bevy of thermoforming and sheet extruding equipment from the Rumford, R.I., plant of a subsidiary, Amscan Inc.
Placon Corp. is closing the 112,000-square-foot thermoforming plant in Wilson, N.C., that it bought from Sonoco Products in 2021.
MacNeil Automotive Products Ltd. is in the early stages of reviewing interest from potential buyers, including some private equity firms, according to a report by PE Hub.
Dordan Manufacturing Co., a Chicago-based thermoformer, has been expanding into the medical packaging sector over the last six years.
BMG's Jake Kowalewski: "The last thing you want is for a company to have to strand their equipment because they can't run it. As much as we'd love to sell them new equipment, we also know they need to be healthy and they need a sustainable business."
Integrated Forming Solutions (IFS) is a new partnership among four European companies — WM Thermoforming Machines from Switzerland, T2 and MacDue from Italy, and Ausil Systems from Spain — being launched at NPE.
Nuvo Packaging will breathe new life into the former Genpak thermoforming plant in Columbus, Ohio, investing $10 million.
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