Featured Stories
-
Back to the Beach: Global Pouch Forum 2024
The Global Pouch Forum1, produced by Packaging Strategies2, now in its 27th year, is the longest-running flexible packaging event in the... -
Innovation in Extrusion Barriers Can Reduce Brand Owners’ Dependence on Plastic
According to the most recent statistics from the Environmental Protection Agency1, in 2018 the U.S. produced 35 million tons of plastics, while... -
Tension: The First Thing We Must Get Right
Web tension is arguably the most important parameter for any web process. Tension is the first thing we must get right.
News | New Products
-
New COF Indicator Simplifies Measuring Friction on Packaging Film
Tentoma, the manufacturer of RoRo StretchPack® machines has introduced the COF indicator ST 1.0 tool to estimate if the coefficient of friction (COF) on the packaging film meets your requirements.
-
EMT International Builds Customized Punch and Perfing Finishing Solution for Heeter
EMT International, a leading supplier of finishing equipment to the digital print, label and packaging industries announces a new customer installation
-
Double E Group Releases the Schlumpf Powered Core Plug Handler for the Tissue Industry
Feature-Packed Core Plug Handler Increases Safety and Productivity
-
ProMach’s ID Technology Acquires Etiflex, a Leading Producer of Pressure-Sensitive Labels, Tickets, and RFID Labels in Mexico
ProMach, a worldwide leader in processing and packaging machinery and related solutions, announced today that it has acquired Etiflex
-
Re S.p.A. Celebrates 50 Years of Innovation at Drupa
Re S.p.A., an innovative leader in the printing and packaging industry, is excited to announce its participation in the next edition of Drupa
-
Sandon Global to bring anilox excellence and technical know-how to drupa 2024
Sandon Global, the British anilox manufacturer and drupa 2024 exhibitor, is poised to showcase its extensive technical expertise in flexographic printing
-
TIPA Compostable Packaging Appoints John Wilson as Commercial Director for North America
Packaging and sustainability industry veteran joins TIPA, to drive US adoption of compostable packaging to curb plastic waste
Expert Advice
Investment to help growth for converter
- Published: March 01, 1995
Amcor Ltd., Melbourne, Australia, has made an investment in Flexible Holding Inc., Seattle, WA, to help accelerate FHI's growth through its wholly-owned subsidiary, Cello Bag Co.
Cello currently has two manufacturing facilities in Bowling Green, KY, and Tukwila, WA. They manufacture and convert flexible-packaging films for consumer products companies who package fresh and frozen vegetables, disposable diapers, snack foods, paper towels and bathroom tissue.
According to Chris Nix, managing dir. for Amcor's containers packaging group, Amcor plans to provide sizable amounts of capital for FHI to expand internally and through strategic acquisitions.
"We have been searching in the US to make an investment with the right long-term partner for over two years," Nix said. "We have now found them and we believe under the leadership of Jim Ball and his excellent management team.
"FHI will quickly grow and become a dominant player in the US flexible-packaging market. FHI has some of the most modern manufacturing equipment and processes in the world and their printing and film-making technology is on the leading edge."
"This is a great opportunity for FHI and Cello Bag," James R. Ball, chmn. and CEO, FHI, said. "There are many opportunities for growth within our industry and now with the help and the financial prowess of Amcor, we can accelerate our strategic plan."