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“If you take a long-term perspective, the acquisition of Crane Group in Australia was problem number one,” Salt Funds managing director Matt Goodson said....
The closure of a thermoforming plant in Exeter, Calif., represents the last of five plants acquired by Sonoco Products Co. in a 2017 from Peninsula Packaging.
IPEG acquires Phoenix Systems for its Conair subsidiary Winstead Cranberry Township, Pa.-based IPEG Inc. acquired Phoenix Systems Corp., in Tustin, Calif., to expand the material-handling products line of Conair Group, its auxiliary equipment subsidiary. Phoenix Systems supplies high-volume conveying systems for plastic pellets and powders to processors in a variety of markets, including building materials, packaging and compounding. The company's customers include CertainTeed, Variform, Peninsula Packaging, 3M, Knott's Berry Farm and Conair. Phoenix Systems has collaborated with Conair on eq...