Great American Packaging (GAP) is pleased to announce that the company has received the highest rating possible on the recently completed IFS PACsecure audit, a Global Food Safety Initiative (GFSI) recognized food safety certification program. The audit is designed to make sure packaging companies comply with rigorous standards that are in place to ensure the quality and safety of all packaging materials that come into contact with food.
Sysco announced it has reduced its outstanding debt by a total of $1.1 billion. The company repaid the remaining $700 million in outstanding borrowings under its long-term revolving credit facility that expires on June 28, 2024. In addition, Sysco’s United Kingdom-based subsidiary, Brake Bros Limited, repaid £300 million of its £600 million in aggregate principal amount of notes outstanding under its commercial paper program, equating to approximately $417 million in debt reduction.
Eric Confer, Eriez Market Manager for Light Industries, says demand continues to grow from original equipment manufacturers (OEMs) for the company’s vibratory feeding solutions for integration into packaging systems. Confer says, “Packaging system OEMs rely on vibratory feeders to meter and convey a variety of bulky and free-flowing material to provide greater economy and efficiency in feeding and filling, and Eriez delivers.”
(Editor's Note: This bereavement notice was written by the team at Califia Farms on March 15, 2021.)
It is with a heavy heart we share the news of the passing of our company’s founder, Greg Steltenpohl. He built the Califia Farms brand from the ground up with a passion for nourishing people and the planet. Greg touched so many lives on his plant-fueled journey to make the world a healthier place. He will be profoundly missed. We tip our hats to our visionary founder.
HP Hood has hired Robbie Lock as its new Sustainability Manager. This announcement comes as the company celebrates its 175th year with continued innovation, growth, and a renewed commitment to sustainability.
ARYZTA announces it has signed a definitive agreement to sell 100% of the equity and assets of its North American business in the USA and Canada to an affiliate of Lindsay Goldberg LLC for a total enterprise value of $850 million in cash. The transaction is expected to complete by the end of ARYZTA’s current 2021 financial year and is subject to closing conditions customary for this type of transaction.
Global packaging leader TricorBraun announced today that it has acquired Quebec-based RODA Packaging, further expanding its presence in Eastern Canada. Serving customers for nearly 40 years, RODA is a rigid packaging distributor specializing in the chemicals, sealants, and adhesives markets; it also serves the nutraceuticals, juices, and dry condiments and spices segments. As part of the RODA acquisition, TricorBraun will also acquire Rada Industries.
The Laughing Cow— the iconic brand known for creamy cheese wedges and embracing life's laughable moments— is excited to ring in its landmark 100th Anniversary with fans in the U.S. as celebrations kick off globally this month. The Laughing Cow is starting off the revelry with limited-edition packaging, and a partnership with Daisy Cakes bakery for a limited-edition red velvet cake made with Laughing Cow cheese frosting. The celebratory red velvet cake is available for shipping nationwide starting March 11. Fans can order one of the delicious, limited-edition desserts at ilovedaisycakes.com for only $19.21, nodding to the brand’s founding year—1921.
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