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Packaging supplier Berry Plastics Group Inc. is acquiring AEP Industries Inc., which makes stretch wraps and can liners, in a deal valued at US$765 million.
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Inteva, a supplier of auto interior systems, closures and roofs, has been awarded new business and plans to invest in new equipment and tooling to accommodate the work at the 980,000-square-foot plant.
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According to the study by Washington, DC.-based The Association of Plastic Recyclers, a survey of 21 major consumer brand companies identified demand of more than 280 million pounds of recycled PP resin annually for use in non-food contact applications.
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Material supplier PolyOne Corporation has named James N. Sloan as vice president and treasurer; Sloan, who has been with Avon Lake, Ohio-based PolyOne since 2009, replaces Scott J. Leffler, who is leaving the company.
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Recapitalization, new technology and new hires, a plant expansion, and green initiatives are all part of this Richmond, B.C.-based company’s growth strategy.
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When it comes to running Peterborough, Ont.-based custom molder G.B. Book Plastics Ltd., the brother/sister team of Bill Book and Cathy Cremers has always been on the same page.
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