Net sales in the third quarter increased to $2,468 million compared to $2,326 million in the third quarter of 2016, reflecting increased global beverage, food and aerosol can volumes, the pass through of higher raw material costs, and $38 million of favorable currency translation. Income from operations was $347 million in the third quarter of 2017. Segment income improved to $358 million in the quarter over the $333 million in the third quarter of 2016, including a benefit of $5 million from currency translation. Net income attributable to Crown Holdings in the third quarter was $177 million compared to $183 million in the third quarter of 2016. Reported diluted earnings per share were $1.32 in the third quarter of 2017 compared to $1.31 in the 2016 third quarter. Adjusted diluted earnings per share were $1.41 compared to $1.33 in the third quarter of 2016. Through September 30, the Company repurchased a total of 6.2 million shares of its common stock for $339 million, including 1.1 million shares for $62 million during the third quarter. Click Read More below for additional information.

PaperWorks Industries has acquired Color Craft Graphic Arts , a producer of packaging for food, beverage, and household goods. "This acquisition aligns with our strategy of growth and further supports our ongoing investment and commitment to our customers," says Brian Janki, President and CEO of PaperWorks. "Color Craft meets our criteria for geographic alignment with our mill system and folding carton network, diverse customer mix, and overall cultural fit." Founded in 1929, Color Craft is an all-inclusive folding carton business that offers sheeting, printing, cutting, and gluing at its facility in in Manitowoc, Wisconsin has. The company has 120 employees.

Kruger Products Inc. announced a major increase in its production of Scotties® facial tissues at its Richelieu Plant in Gatineau, Québec. The announcement was made in the presence of Christopher Skeete, Québec Minister for the Economy; Suzanne Tremblay, the Member of the National Assembly for Hull, and Michel Manseau, Senior Vice President and General Manager, Consumer Products – Canada, Kruger Products. Through this expansion project, which received investments totalling $14.5 million and created 16 jobs, Kruger Products commissioned a new facial tissue converting line at its Richelieu Plant in November 2023. The additional equipment will increase the production of facial tissue by 25%. Another component of the project will be rolled out at the Laurier Plant, also in Gatineau, where new equipment will collect tissue production residues. With a view to the circular economy, the residues will be repulped for the manufacture of value-added projects. This component, which is expected to be completed in June 2025, will also enable the Laurier and Richelieu Plants to increase their productivity.