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Showa Aluminum to acquire Mitsubishi Materials’ aluminium business
Apollo Global Management has announced that Showa Aluminum Can Corporation has entered into a series of definitive agreements to acquire the Aluminum Rolled & Extruded Products Business of Mitsubishi Aluminum Co., Ltd., a Japanese leading producer of diversified advanced materials, and all of the shares of Universal Can Corporation, which is engaged in the manufacturing…
CMbE to launch new US based machinery facility
CMbE have announced a new US based machinery facility based in Lancaster, Ohio. CMbE Machinery, USA will be headed up by Paul Orsino, who will also take responsibility for CMbE HV Industries and CMB Wissota Tool, whilst retaining management responsibility of CMB Norwalk. Dominic Capretta has been promoted to Plant Manager for CMbE Machinery USA…
Roeslein celebrates safety milestones
Roeslein has celebrated substantial safety milestones at Roeslein Michigan City (RMC) and Roeslein Modular Fabrication (RMF). Roeslein Modular Fabrication (RMF) will hit 2000 days without a lost time injury on December 13, 2021 while also celebrating the 15 year anniversary of the facility. In 2006, RMF opened in Red Bud, Illinois with a handful of employees. Today the establishment holds over 200 employee-owners that…
Rio Tinto to increase low-carbon aluminium production in Canada
Rio Tinto is investing US$87 million to increase its low-carbon aluminium production in Canada with 16 new smelting cells at its AP60 smelter, in the Saguenay-Lac-Saint-Jean region of Quebec. The investment will increase production at the smelter by around 45 per cent, or 26,500 metric tonnes of primary aluminium per year, to a capacity of…
Vietnamese firm exports canned clams to Europe
Lenger Seafoods Vietnam Co., Ltd based in the northern province of Nam Dinh on November 22 marked the first-time export of a container of canned clams to Europe. Tran Dinh Luan, general director of the Directorate of Fisheries said that the export of clam products to European markets is a good signal, confirming that clam farming and processing…
Tiger Brands slash costs by R450m due to full-year profit slump
Listed fast-moving consumer goods (FMCG) manufacturing giant Tiger Brands is set to slash costs by R450 million in its 2022 financial year after the recall of about 20 million canned vegetable products and the July unrest cost it R732 million pre-tax. Last week, the group released its annual results for the full-year ended September 2021, which…
Can shortages prompt switch from canned to fresh cranberries
Lovers of canned cranberries may have to be flexible this Thanksgiving and opt for fresh due to shortages of the cans used to transport the fruit, Ocean Spray Chief Executive Officer Tom Hayes told Bloomberg Radio. Ocean Spray, a cooperative of more than 700 farms, was forced to use different cans due to supply-chain woes,…
WilCraft Can invests in new canning line
WilCraft Can, LLC invested in a new Codi canning line to better serve Midwest beverage makers looking to hire experts in packaging supply chain to professionally package their beverages. Partnering with WilCraft Can allows beverage makers to focus on their craft and provides critical flexibility in keeping their packaging costs a variable expense. Thanks to WilCraft…
Monster Beverage said to be exploring merger with Constellation Brands
Energy drinks maker Monster Beverage Corp is discussing a merger with international beverage alcohol company Constellation Brands Inc, a source familiar with the matter told Reuters on Sunday. The structure of a potential deal involving the companies, which have a combined market value of nearly $92 billion, was not immediately known. Bloomberg News, which first reported the…
Wildpack Beverage acquires Land and Sea Packaging
Wildpack Beverage Inc has announced that it has finalised the acquisition of KT Murray Corporation dba Land and Sea Packaging, an established high-volume aluminium can brokering business based in Grand Rapids, Michigan, for US$37.2 million and associated financing transactions. Terms of the Acquisition of Land and Sea were first announced November 1, 2021, and the purchase price…
