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Global investment firm KKR has made a significant investment in Canada’s manufacturer of beauty, personal care, and home care products Knowlton Development Corporation (KDC/One). However, Cornell Capital remains KDC/One’s largest shareholder and the existing investor group, including CDPQ, remains in place as owners of the company. This transaction will enable KDC/One to continue financing its growth. KDC/One to tap into the aerosols market in North America In parallel, KDC/One also...

Local manufacturing, assemblage and packaging nonprofit corporation Empac Group Inc., which employs around 270 Franklin County residents, has appointed a new chief executive officer. Board of directors member Tim Poepsel will replace Eric Giebler as CEO, who is retiring after 29 years in the position, according to a Dec. 14 press release. “From day one, he came onto the board involved,” Executive Director Colleen Himmelberg said. “He visited and educated himself and was invested in everything we do from legislative to advocacy to financial work.” The nonprofit corporation ...