Stretch your CapEx budget by managing risk
In the latest print edition of Contract Packaging and on the Web, Mary Ann Falkman, Contributing Editor, explains some of the options that can come from tight brand/co-packer partnerships and careful planning that allow both parties to finance assets, minimize risk and make the most of their respective budgets. Some highlights:
Chris Nutley, president of MSW Packaging, Lawrenceburg, IN, notes that "sometimes a shared approach between supplier and customer to equipment investment is an option." Another of many options is for the brand owner to create a 'buy-back' scenario in which the co-packer fully owns the equipment after an agreed-upon volume threshold is reached.
Greg Flickinger, vice president of manufacturing and corporate engineering for snack food-maker Snyder's-Lance, does "selective outsourcing" for a small share of its products, and prefers its co-packers own their own equipment. The company also does some contract work for "a number of big companies" for whom it will purchase equipment only for sufficiently long-term contracts.
Seeking some hands-on tips for CapEx partnering? Lisa Shambro, Executive Director of F4SS, the Foundation for Strategic Sourcing, provides a list of eight approaches for financing investments and offers insights on navigating disclosures under the Sarbanes-Oxley Act.
Read the full story here on the web
Ten packaging machinery trends for 2012
"With the North American economy beginning to show some positive signs," writes Pat Reynolds, VP/Editor of Packaging World, "there is a pent-up demand for new packaging, new products, new acquisitions, and new technologies to increase packaging line productivity." To discern a Top 10 list of packaging machinery trends coming into 2012, Reynold's spoke with John Kowal, packaging market development manager for B&R Industrial Automation, and board member of the Packaging Machinery Manufacturers Institute and automation standards group OMAC, the Organization for Machine Automation and Control.
The trends (drumroll please) are:
• Serialization will gain ground
• Condition monitoring will add value
• Accelerating software convergence in packaging
• Brazil will be on your radar
• Retail ready or not, here it comes
• Safety firstand next
• Plant seeds now to win big later
• Advanced technologies for turnkey systems
• Better interaction with operators on individual machines
• NA and EU OEMs consolidate
Of course, you'll want to better grasp the meaning of this short list by clicking to read the full story here
Multi-Pack Atlanta hires new ops manager
Multi-Pack Atlanta, a division of Multipack Solutions, hired Frank Garriott as operations manager over its two facilities, which encompass 180,000 square feet of production and warehousing. Garriott brings 33 years of experience working with liquids and powders at a national cleaning-chemical firm. His hire is part of the company's plan to "become the premiere liquid contract packaging company in the country," said John Panaseny, vice president and general manager. Multi-Pack Atlanta, formerly known as Automated Packaging LLC, provides liquid contract packaging, raw material sourcing, formulating, testing, batching, filling, labeling, and shipping of finished product. The division serves segments including cleaning products, automotive and pet care products.
AAIPharma hires 30-year industry vet to oversee contract services
AAIPharma Services, a provider of pharmaceutical product development services based in Wilmington, NC, appointed Kevin Flanagan to vice president of packaging services to oversee packaging and distribution operations. Flanagan, who has 30 years of experience in pharmaceutical packaging components and contract services, most recently served as president of Compass Pharma Services, another pharmaceutical co-packer. In announcing the hire, Patrick Walsh, AAIPharma CEO, cited Flanagan's packaging smarts, particularly in product design and distribution.
Package All gains second GMP certification with NSF International
To help it better serve OTC generic pharmaceutical and nutraceutical customers, Package All, a stocking distributor of rigid packaging based in Bayport, NY, earned NSF certification for current U.S. FDA Good Manufacturing Practices (GMPs) at its Fontana, CA, distribution center. This followed the March certification of its distribution center in Ronkonkoma, NY, NSF International's first such certification for a U.S. packaging distributor. NSF International maintains a long registration listing of GMP-certified companies, including co-packers dealing with dietary supplements here.