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Industry Watch—March 2015

A quick look on the latest supplier news, mergers, expansions, and people as listed in the March 2015 issue of Packaging World.

Companies

Plastic Technologies, Inc. and Toyo Seikan expanded its representative agreement where PTI was named exclusive agent in Europe for the sales and licensing for Toyo Seikan’s Fi-Cell foamed PET bottle processing technology.

Columbia/Okura announced a strategic alliance with Fischbein Americas.

Glenroy Inc. acquired the pouch converting operations of PF Flexibles, formerly known as Pouch Converting Technologies Inc.

Northstar Balloons LLC Packaging Div. is now Northstar Converting LLC.

Syskron Holding GmbH, subsidiary of Krones AG, purchased a 100% stake in Triacos GmbH.

Ilapak is expanding its U.S. manufacturing with the development of a new, state-of-the-art production facility in North West Arkansas to serve its North American customer base.

One Equity Partners and the H. Turnauer Foundation agreed to sell their 100% stakeholding in Constantia Flexibles to the Wendel Group.

Rock-Tenn and MeadWestvaco (MWV) entered into a definitive combination agreement to create a global provider of consumer and corrugated packaging in a transaction with a combined equity value of $16 billion; the new combined company name will be revealed at a later date.

Multisorb Technologies announced that senior management, led by Michael McGee, Chairman, and James Renda, President, partnered with Summer Street Capital Partners to purchase the company from the John S. Cullen estate.

People

Domino promoted Ben Rock to Group Sales Director and Will Edwards to European
Sales Director.

Colleen Ooten joined TricorBraun as Director of Supply Chain.

Multisorb Technologies appointed Chris Gilmor Commercial Director, Americas, Healthcare Packaging and Lex Wagteveld Business Development Leader, Northern Europe, Healthcare Packaging.

Karen Bowser joined JLS Automation as Director of Finance & Administration.

Gerard Raccioppi was appointed Sales and Marketing Director of Folene Packaging, LLC.

William Clippard, Clippard Instrument Laboratory, Inc., was honored by The Ohio State University Department of Mechanical and Aerospace Engineering for his commitment to the
field of engineering.

William Kuhn was promoted to Vice President of Finance for Barry-Wehmiller.

Erik Bouts joined Ball Corp. as Senior Vice President and Chief Operating Officer, Global
and Metal Beverage Packaging.

Achievement

The Bosch Group awarded Balluff the Bosch North America Supplier Award.

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