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More than 200 employees will be affected by the closures. This brings the tally of workers affected by IP’s streamlining to more than 4,500 since October 2024.
The recycler says recent automation upgrades and changes to bale specifications helped spur the change, along with market demand for the materials. WM is asking customers to also add the materials to their lists.
Beef industry struggles specifically came up during packaging, food and beverage companies’ recent earnings calls, as did consumer trade downs and federal changes related to immigration and food assistance benefits.
As the Ellen MacArthur Foundation engages businesses on an updated 2030 agenda, these are some of the 2024 data highlights from the businesses involved in the “first chapter” since the Global Commitment’s 2018 launch.
Private equity and strategic buyers are increasingly competitive acquirers in numerous areas of manufacturing. Deal experts predict much more activity as the market heats up into 2026.
