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ProMach acquires Jet Label & Packaging

Jet Label manufactures labels and printed tape for a broad range of industries, including food and beverage, consumer packaged goods, agriculture, forestry, transportation, grocery stores and mass-market retailers.
October 31, 2019
ProMach, Cincinnati, acquired Jet Label & Packaging, a Canada-based producer of labels for a variety of industries.
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MHS doubles size of global headquarters

The expansion is enough to house manufacturing, engineering, sales, marketing and executive management functions.
October 31, 2019
MHS expanded its Mt. Washington, Ky., global headquarters.
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USDA, EPA, FDA announce partnership with Food Waste Reduction Alliance to formalize industry education, outreach efforts

The FWRA represents three major sectors of the supply chain—food manufacturing, retail and restaurant and foodservice.
October 31, 2019
The U.S. Department of Agriculture (USDA), the U.S. Environmental Protection Agency (EPA) and the U.S. Food and Drug Administration (FDA), Washington, D.C., announced a new partnership with the Food Waste Reduction Alliance (FWRA), Arlington, Va., to formalize industry education and outreach efforts.
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Study: U.S. plastics industry maintains trade surplus

The plastics industry maintained a trade surplus of $500 million, as consumption of plastics products continued to grow in the United States.
October 31, 2019
The size of the U.S. plastics industry expanded in 2018, accounting for 993,000 jobs and $451.3 billion worth of shipments. In the same year, it maintained a trade surplus of $500 million, as consumption of plastics products continued to grow in the United States, according to two reports released by the Plastics Industry Association (PLASTICS), Washington, D.C.
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Analysis shows online marketplaces set to exceed $7T by 2024

This rise is driven by more and more companies embracing marketplaces as a platform to facilitate online sales, expedite cross-border expansion, increase product range and improve logistics, costs and operations.
October 31, 2019
New analysis from iBe, a pan-European financial services advisory firm, found that online marketplaces could be worth as much as $7 trillion in sales by 2024.
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Report reveals truck refrigeration market worth $15B by 2025

The medium and heavy commercial vehicle (M&HCV) segment has shown tremendous growth in terms of production in recent years.
October 31, 2019
The truck refrigeration unit market is projected to reach $15 billion by 2025, at a CAGR of 5.21%, according to a report published by MarketsandMarkets, New York.
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Lantronix to acquire Intrinsyc Technologies

The transaction will bring immediate scale to Lantronix, adding complementary IoT computing and embedded product development capabilities.
October 31, 2019
Lantronix, Inc., Irvine, Calif., announced plans to acquire Intrinsyc Technologies Corp., Canada.
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Tyson Fresh Meats case-ready beef and pork processing facility

Tyson Fresh Meats breaks ground on case-ready beef, pork plant for Portioned Protein Innovations team

The plant will be a case-ready, meat-cutting and packaging operation that converts fresh beef and pork brought in from other locations into steaks, chops, roasts and ground beef.
October 30, 2019
Tyson Fresh Meats, Springdale, Ark., broke ground on a new case-ready beef and pork processing facility in Eagle Mountain City, Utah, as part of its newly formed Portioned Protein Innovations team.
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