Featured Stories
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Understanding Anilox Scoring: Causes, Effects, and Prevention
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News | New Products
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Adheso-Graphics joins the Anderson & Vreeland, Family of Flexo Brands
Anderson & Vreeland Inc., a leading manufacturer and distributor of flexographic print technologies, equipment, and consumables, has announced the acquisition of Adheso-Graphics
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FPA Announces 2024 Board of Directors
The Board assumed directorship on March 20, 2024
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SOMA set to showcase the Optima2 10-color flagship flexo press during drupa 2024
SOMA, a leader in flexographic printing technology, is excited to announce its participation at the upcoming drupa 2024
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Creating a Circular Packaging Value Chain: How collaboration with suppliers helps converters meet brand owner demands
Brands owners are making big changes in an effort to reduce waste, lower greenhouse gas emissions, and increase recycling rates.
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New COF Indicator Simplifies Measuring Friction on Packaging Film
Tentoma, the manufacturer of RoRo StretchPack® machines has introduced the COF indicator ST 1.0 tool to estimate if the coefficient of friction (COF) on the packaging film meets your requirements.
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EMT International Builds Customized Punch and Perfing Finishing Solution for Heeter
EMT International, a leading supplier of finishing equipment to the digital print, label and packaging industries announces a new customer installation
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Double E Group Releases the Schlumpf Powered Core Plug Handler for the Tissue Industry
Feature-Packed Core Plug Handler Increases Safety and Productivity
Expert Advice
Investment to help growth for converter
- Published: March 01, 1995
Amcor Ltd., Melbourne, Australia, has made an investment in Flexible Holding Inc., Seattle, WA, to help accelerate FHI's growth through its wholly-owned subsidiary, Cello Bag Co.
Cello currently has two manufacturing facilities in Bowling Green, KY, and Tukwila, WA. They manufacture and convert flexible-packaging films for consumer products companies who package fresh and frozen vegetables, disposable diapers, snack foods, paper towels and bathroom tissue.
According to Chris Nix, managing dir. for Amcor's containers packaging group, Amcor plans to provide sizable amounts of capital for FHI to expand internally and through strategic acquisitions.
"We have been searching in the US to make an investment with the right long-term partner for over two years," Nix said. "We have now found them and we believe under the leadership of Jim Ball and his excellent management team.
"FHI will quickly grow and become a dominant player in the US flexible-packaging market. FHI has some of the most modern manufacturing equipment and processes in the world and their printing and film-making technology is on the leading edge."
"This is a great opportunity for FHI and Cello Bag," James R. Ball, chmn. and CEO, FHI, said. "There are many opportunities for growth within our industry and now with the help and the financial prowess of Amcor, we can accelerate our strategic plan."