Finance
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Courtesy of ExxonMobil
Sealed Air says USMCA exemption minimizes tariff exposure, touts turnaround plans
The protective and food packaging company’s results were down year over year, but CEO Dustin Semach said there are signs of improvement and noted a recent investment in sales staff to regain market share.
By Cole Rosengren • May 8, 2025 -
LordRunar via Getty Images
Ball says tariff impacts so far have been minimal
The aluminum can manufacturer’s global shipments rose 2.6% during the first quarter, thanks in part to market strength in Europe and growth in non-alcoholic beverages.
By Maria Rachal • May 7, 2025 -
Courtesy of O-I Glass
O-I says glass supply chains are a strength amid aluminum tariffs
The Ohio-based company saw shipments grow in Q1, driven in part by advanced purchasing ahead of new tariffs. But in Europe, O-I is curtailing production.
By Maria Rachal • May 5, 2025 -
Permission granted by Graphic Packaging International
Smurfit Westrock, GPI, Hood Container announced facility closures in April
Case Paper Co. also disclosed a change to its footprint. Additionally, O-I Glass shared that it’s reevaluating its operations in France.
By Maria Rachal • May 5, 2025 -
Katie Pyzyk/Packaging Dive
Consumer spending slumps pull down Graphic Packaging’s results
Already cost-stressed consumers further curbed spending in Q1, including at quick-service restaurants, and customer promotions didn’t help, Graphic Packaging International CEO Mike Doss said on the company’s earnings call.
By Katie Pyzyk • May 2, 2025 -
Courtesy of Smurfit WestRock
Smurfit Westrock invests in converting, cuts other production
Footprint optimization continues nine months post merger. Meanwhile, Smurfit Westrock has felt little material impact from tariffs, in part due to recent supply chain reconfiguration, executives said on Thursday’s earnings call.
By Katie Pyzyk • May 1, 2025 -
Foto-Video-Studio via Getty Images
Greif to close Los Angeles mill, end West Coast coated paperboard production
Closing the mill, which manufactures CRB and URB, will affect an estimated 72 employees. The move is part of a multiyear cost reduction plan.
By Katie Pyzyk • Updated May 1, 2025 -
Permission granted by Amcor
Amcor completes acquisition of Berry Global
On an earnings call late Wednesday, Amcor executives detailed intentions for cost reductions and pruning the portfolio, as well as current demand weakness.
By Maria Rachal • Updated May 1, 2025 -
w-ings via Getty Images
Sonoco scales global metal packaging business, downplays tariff exposure
The company is progressing on the integration of Eviosys, now known as Sonoco Metal Packaging EMEA. Europe now accounts for nearly 40% of Sonoco’s business, executives noted.
By Maria Rachal • April 30, 2025 -
Rachel Pollack/Packaging Dive
International Paper sees Q1 sales boost despite economic uncertainty
Much of the uptick occurred due to IP’s acquisition of DS Smith in January. Meantime, CEO Andy Silvernail reflected on the company’s transformation during his one year at the helm.
By Katie Pyzyk • April 30, 2025 -
temp via Getty Images
Packaging manufacturers post Q1 results
Discussions of tariff impacts are a through line in earnings calls so far. Catch up on commentary from Sealed Air, Ball, Graphic Packaging International, Smurfit Westrock and more.
By Packaging Dive Staff • Updated May 8, 2025 -
OlenaMykhaylova via Getty Images
Crown cautiously optimistic for 2025 growth
The cans manufacturer raised guidance for 2025 after a stronger than expected first quarter. Speaking on tariffs, Crown Holdings executives also quantified estimates for direct and indirect impacts.
By Maria Rachal • April 29, 2025 -
gerenme via Getty Images
Ardagh Metal Packaging expects ‘minimal impact’ from tariffs
Domestic sourcing, regional production and consumption, lack of empty-can imports and cost pass-throughs in contracts are all benefiting the company, executives said.
By Maria Rachal • April 25, 2025 -
niuniu via Getty Images
TricorBraun names new CEO
The global packaging supplier is bringing in an executive from the truck equipment sector who previously worked with current head Court Carruthers.
By Maria Rachal • April 23, 2025 -
Retrieved from Packaging Corporation of America on February 27, 2025
PCA’s packaging sales surge despite tariffs’ drag on demand
Packaging Corporation of America says it achieved a revenue milestone in Q1, with bookings and billings also up in Q2 so far. But economic uncertainty is prompting an adjustment to maintenance outage schedules.
By Katie Pyzyk • April 23, 2025 -
SafakOguz via Getty Images
Fiber producers could be teeing up another round of price increases
Analysts say that producers are watching tariffs, and whether the seasonal demand uptick will occur this year, as factors in pricing decisions.
By Katie Pyzyk • April 22, 2025 -
Mikola249 via Getty Images
Tariff turmoil: Box demand dips, recession fears rise
The impact of uncertainty from tariffs already is appearing in the paper and packaging industry, and manufacturers are expressing concern about a potential recession this year, according to analysts.
By Katie Pyzyk • April 18, 2025 -
Courtesy of Sylvamo
Sylvamo to shuffle C-suite upon CEO’s retirement
Sylvamo announced that a new, home-grown leader will take over in January. This comes amid growth for the International Paper spinoff.
By Katie Pyzyk • April 16, 2025 -
Katie Pyzyk/Packaging Dive
International Paper finds buyer for 5 European box plants
IP cannot reacquire any of the divested corrugated plants for 10 years, unless the European Commission determines that market conditions have changed. The commission required the sale for approval of IP’s acquisition of DS Smith.
By Katie Pyzyk • April 14, 2025 -
Courtesy of Smurfit WestRock
Smurfit Westrock to close corrugated plant in Oregon
Layoffs at the Portland facility will come in waves, with 72 employees affected in the first round. This closure is part of the packaging company's ongoing footprint optimization plan.
By Katie Pyzyk • April 11, 2025 -
Gumpanat via Getty Images
Packaging M&A highlights from Q1
Packaging Dive followed dozens of deals in the first quarter. Industry observers noted activity in the labels space.
By Maria Rachal • April 10, 2025 -
Kevin Dietsch via Getty Images
Trump pauses most reciprocal tariffs, hikes China’s further
The U.S. will now charge a 125% duty on imports from China, while most other countries will be subject to a 10% rate for 90 days.
By Philip Neuffer • Updated April 10, 2025 -
Getty Images via Getty Images
China raises tariffs on US to 84%, matching Trump’s increase
The retaliatory duties, taking effect Thursday, were originally set at 34% before the White House further raised its own rates.
By Max Garland • April 9, 2025 -
Permission granted by JBM Packaging
JBM Packaging brings training program to Ohio prison
Moving the machine adjuster training program to the London Correctional Institution in Ohio allowed the company to increase participants’ pay. JBM aims to start real-world envelope production at the site soon.
By Katie Pyzyk • April 8, 2025 -
Katie Pyzyk/Packaging Dive
Mauser, Orbis, Pretium among March packaging company layoffs
Graphic Packaging International and RTS Packaging also are among the companies that announced facility closures in March.
By Katie Pyzyk • April 4, 2025
