Packaging manufacturers worried by 50% tariffs on steel, aluminum

Berry Global Group, Inc. and Glatfelter Corporation announced the achievement of a regulatory milestone in the proposed transaction involving the combination of a majority of Berry’s Health, Hygiene and Specialties segment to include its Global Nonwovens and Films business (“HHNF”) with Glatfelter, with the expiration of the required waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act. As previously announced on February 7, 2024, Berry and Glatfelter entered into a definitive agreement under which Berry will spin-off and merge its HHNF business with Glatfelter in a Reverse Morris Trust transaction. The transaction will create a leading, publicly-traded company in the specialty materials industry. The transaction is expected to close in the second half of calendar 2024 and is subject to approval by Glatfelter shareholders and completion of customary closing conditions.

Neenah, Inc. announced a versatile paper-based medical packaging capable of withstanding all three widely used sterilization processes, including radiation, autoclave, and ethylene oxide. This innovative product allows customers to serve multiple markets and explore new opportunities by providing a unique alternative to polymer-based or kraft medical packaging traditionally used for nasal swabs, syringes, bandages, and other single-use applications. "By adding a radiation-resistant product to our medical packaging lineup, Neenah continues to lead the industry in offering the most advanced paper-based options available. We are thrilled to introduce a versatile paper-based medical packaging that is durable, dependable, and value-driven," says Valerie Henderson, Medical Packaging Product Marketing Manager, Neenah Industrial Solutions. Single-use medical devices are gaining popularity as they help lower costs, increase efficiency, and reduce the spread of infection. Gamma radiation is becoming a more commonly used form of sterilization technology for these devices as it quickly kills germs that can cause disease and neutralizes other harmful organisms. It is essential to the radiation sterilization process that the packaging has breathable barrier properties, excellent conformability, printability, and the ability to withstand radiation exposure to prevent risks to patients.

I am delighted to be able to share with you the news that on February 22, 2023 TASKI acquired substantially all of the assets of NSS Enterprises, Inc. The joining of TASKI and NSS will provide an expanded product offering to you, as well as expanded local resources, including sales, customer service and technical support. Toledo, OH production facilities will continue to service NSS customers, as well as expand TASKI’s footprint in the U.S. The acquisition reinforces TASKI’s dedication to expand our service and support of your business. U.S. production will allow TASKI to improve its time to market, and NSS will benefit from the synergies created by the acquisition. You will also benefit from the global research, development and innovation excellence for which TASKI is renowned. Over the coming months, a dedicated team will work through the beginning stages of integrating the two businesses, with customer service and technical support as the key focus areas. We commit to keeping you informed of the process and will provide regular updates. In the coming days and weeks, the team will be spending time with customers to discuss and explore the benefits of the TASKI-NSS enhanced offering. If you have any questions, please feel free to speak to your NSS and/or TASKI sales representative, who will be happy to discuss, in more detail, the benefits TASKI-NSS can bring to your business.