Red Bull, Ball move ahead with $1.7B factory after 4-year delay

Green Bay Packaging Inc. has acquired Third Dimension Inc., a packaging company based in Geneva, Ohio. The acquisition went into effect Oct. 1. Third Dimension is focused on corrugated packaging innovation, molded foam packaging and four-color digital printing. The company was founded in 1991 by Louis DeJesus and Jeanette DeJesus. The company has facilities in Geneva and Middlefield, Ohio, and services customers in Ohio, Virginia and Kentucky. “The acquisition of Third Dimension is a great fit for Green Bay Packaging. This acquisition gives us the opportunity to grow our business in several states,” says Will Kress, president and CEO of Green Bay Packaging. “Third Dimension has the perfect culture, workforce and strong leadership that fit the GBP model and we look forward to expanding their business and facilities.”

Smurfit Kappa recently published its second annual Green Bond Allocation and Impact Report which provides details on the use of proceeds of its inaugural €1 billion dual-tranche Green Bond issued in September 2021. Circular economy adapted products, production technologies and processes and/or certified eco-efficient projects (96%) contributing to: *6.8m tonnes of primarily post-consumer waste recycled in 2022 *76% recycled fibres in global production *100% recycled fibres from certified FSC, PEFC or SFI sustainable sources *4% reduction in waste sent to landfill versus 2020 *8% reduction in water intake versus 2020

The global digital packaging and label printing market is worth $22.0 billion, accounting for 4.1% of all printed packaging in 2025, says a new study by UK-based researcher Smithers. That share is forecasted to climb to 5.8% in 2030 when it will reach $36.9 billion. Digital printing is growing much more rapidly than the dominant analogue print methods. Digital is widely used in labels, but the scalability and versatility of inkjet is making it increasingly attractive for large-format presses designed to print folding cartons, corrugated, and flexible paper and film substrates. Converters are developing major improvements in upstream order processing, design, approval and prepress; and downstream finishing and logistics, as more brands and retailers take advantage of the benefits of digital print production, the report says.