The acquisition extends Monomoy’s track record of executing corporate carve-outs, building on the firm’s recent carve-outs of Waupaca Foundry from Proterial, Ltd. and Valtir (formerly Trinity Highway Products) from Trinity Industries, Inc. Oliver will continue to operate under its current management team. …
USDA Agricultural Research Service scientists are innovating fruit packaging to drastically extend shelf life and reduce food waste. Low-vent packaging minimizes air exposure, helping fruits retain moisture and stay fresh longer, ensuring that your fresh produce maintains top quality for twice as long. …
The U.S. Department of Agriculture announced that the International Fresh Produce Association’s (IFPA) Foundation for Fresh Produce (The Foundation) and partner Clemson University will each receive $5 million to establish a Sustainable Packaging Innovation Lab. The Foundation will also partner with the Foundation for Food and Agriculture Research (FFAR) and the University of Florida to implement the program. …
A study commissioned by Agriculture and Agri-Food Canada (AAFC) and Environment and Climate Change Canada (ECCC) highlights the critical role of packaging in fresh produce supply chains by quantifying the functionality of plastic packaging in fresh produce from a needs/benefit perspective. …
The global cheese packaging market is nearing a valuation of USD 3,706.5 million in 2024. The industry is projected to reach a value of USD 5,577.9 million by 2034. Sales are projected to rise at a CAGR of 4.2% over the forecast period. The revenue generated by cheese packaging in 2023 was USD 3,519.4 million. The industry is anticipated to exhibit a Y-o-Y growth of 5% in 2024. …
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