Trends: Page 574

Contract Packaging

By the numbers: A factoring example

Consider what an inadequately financed contract packager can do by factoring 50% of its eligible receivables. The company’s factoring cost is 4% of the sales invoice.

March 31, 2006

Contract Packaging

Factoring: Jet fuel for attracting packagers

This financing tactic may be new to co-packers, but it works in other industries. It speeds up cash flow—and growth—key selling points with purchasing managers.Key termsFactoring: Factoring: A form of short-term financing that provides funding to companies relative to the quality and quantity of their sales, or accounts receivable. The funding comes in the form of either a purchase or a loan against the company’s eligible receivables.Factor: A company that provides factoring services.

March 31, 2006

Contract Packaging

Making an effective connection

Finding a contract packager is easy. Contract Packaging Association’s online RFQ facilitates the connection between packagers and packaging services providers.

March 31, 2006

Contract Packaging

Evidence of growth is all around us

Greetings to all and very best wishes for a successful 2006.

March 31, 2006

Contract Packaging

Pharma giant makes two acquisitions

AmerisourceBergen, the largest drug distributor in the United States, has expanded on its outsourcing services by acquiring Canadian drug distributor Asenda and British pharmaceutical contract packager Brecon.

March 31, 2006

Contract Packaging

Caraustar exits CP, CRB businesses

Caraustar Industries Inc.

March 31, 2006

Flexible packaging

PMMI: Machinery shipments soared in 2004

U.S. packaging machinery shipments reached $5.344 billion in 2004, a 9.3% increase from $4.889 billion in equipment shipped in 2003, according to the Packaging Machinery Manufacturers Institute (PMMI).

March 31, 2006

Contract Packaging

Wilpak adds 95,000 sq ft for co-manufacturing

Wilpak Inc.

March 31, 2006

Contract packaging

Where and how will the smart money play?

Increasing competition and rising materials costs and energy prices are creating challenges for anyone who packs consumer goods. One of the challenges is coming from product manufacturers, who are pressuring the companies they hire to package their products.

March 31, 2006

Bag/pouch fill/seal (pre-made bags)

Cloud expanding services in wipes, towlettes with Multi-Pack purchase

Cloud Packaging Solutions’ recent purchase of Multi-Pack is broadening its contract packaging capabilities within the household cleaning-products industry.

March 31, 2006

Contract Packaging

Dollar store growth tactics bode well for CP

A retail industry report forecasts that sales at dollar stores and other small-format value retailers will moderate over the next four years, but these retailers will expand their selections of both national brands and private-label products—presenting a growth opportunity for contract packagers.

March 31, 2006

Controls & Machine Components

ELAU, the world's only automation supplier with its total focus on packaging, is among the fir

Having demonstrated overwhelming commitment to the global packaging machinery industry, ELAU is proud to earn the privilege of the new Supplier Member category in “the most effective advocate organization among North American manufacturing industries today.”

March 31, 2006