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Pregis, a global manufacturer of protective and flexible packaging solutions, announces an additional $32 million investment in blown film extrusion technology at its Grand Rapids, Michigan, manufacturing site.
Milan-based investor M&C, previously the majority shareholder in global BOPP film manufacturer Treofan Holdings GmbH, Germany, is acquiring all other shareholders’ shares in the company.
Pregis Corp., Deerfield, Ill., invested approximately $17 million in its Grand Rapids, Mich., Eagle Film Extruders facility to support expanded production space and new flexible packaging manufacturing and converting equipment.