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Topic: News


LiftOne acquires Atlanta operations from Briggs Equipment
Acquisition expands LiftOne representation of the Hyster and Yale lift truck brands to major metropolitan market

Fortna increases investment in Science and Technology Center for Innovation
Based on algorithms and research, Fortna's center is digital- and solutions-research based, rather than a physical building, though it will use digital twin tools to model and simulate processes for operations

Services economy ends 2021 on the right side of growth, reports ISM
The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—at 62.0 (a reading of 50 Or Higher Signals Growth)—fell 7.1% compared to November’s all-time high reading of 69.1. The Services PMI grew for the 18th consecutive month, with services sector growth intact for 141 of the last 143 months through December.

Hy-Tek Holdings acquires Advanced Handling Systems
AHS is a material handling automation integrator with expertise in multiple types of systems, with a focus on robotics solutions.

Orion Energy Systems acquires service provider Stay-Lite Lighting
Addition of business to accelerate the growth of Orion Maintenance Services

Manufacturing ends 2021 with sequential decline but remains on a growth track
In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, was 58.7 (a reading of 50 or higher indicates growth), down 2.4% compared to November. This marks the 19th consecutive month of growth, at a slower rate, coupled with December also representing the 19th consecutive month of growth for the overall economy.

Platinum Equity completes acquisition of Pelican Products
Pelican is known for its high-performance protective cases, as well as line of temperature-controlled supply chain solutions for the healthcare industry

Motion completes acquisition of Kaman Distribution Group
Move seen as expanding Motion's leadership position as a provider and distributor of industrial products and MRO parts

IDC top predictions include trend toward AI-driven supply chain forecasting
IDC research makes the case for supply chain forecasts driven by artificial intelligence (AI) capabilities, to achieve better accuracy.

Comar expands packaging portfolio with Omega Packaging acquisition
Omega Packaging's line of child-resistant (CR) closures and precision mold-building capabilities seen as advancing Comar's strategy to serve healthcare customers

HAI ROBOTICS celebrates 5th anniversary
Global provider of case handling mobile robotic solution also gets AI Unicorn nomination by Hurun Report

Mastercard research: U.S. retail sales grew 8.5% this holiday season
Data excludes auto sales, but sees online sales up by 11% over last year, and reaching nearly 21% of total retail holiday sales.

GE Appliances announces plan to invest $118 million at its Roper plant in Georgia
GE Appliances continues to grow in Georgia, with plans to add 600 new jobs

Rutgers University awarded 2021 Mark C. Garvey Scholarship
Packaging industry education honor from PMMI Foundation, in cooperation with the Garvey Corporation

ELFA index for November sees month-to-month dip, with year-over year rise
November new business volume up 8 % year-over-year, down 26 % month-to-month, and up 10 % year-to-date

F4SS announces new partnership with PMMI
Effective January 2022, PMMI will provide management support for F4SS adding to its portfolio of Association Partners that includes The Cold Pressure Council, CPA, The Association of Contract Packagers and Manufacturers, The Institute of Packaging Professionals (IoPP) and OMAC, The Organization for Machine Automation and Control.

Panjiva: November data reflects strong shipment and import growth for year
Total November U.S.-bound containerized freight imports, at 2,854,305 Twenty-Foot Equivalent Units (TEUs), were down 4.7% compared to October’s record level, and up 6.3% annually. Additionally, through the first 11 months of 2021, imports are up 19.6% annually.

Alert Innovation announces leadship transition, with Fritz Morgan as CEO
Founder John Lert becomes executive chairman, while Fritz Morgan, previously COO, becomes CEO.

FedEx Announces Receiving First Fleet of Emission Free Delivery Vehicles
FedEx and General Motors’ BrightDrop reach major milestone in effort to electrify last-mile deliveries. FedEx Receives First All-Electric, Zero-Tailpipe Emissions Delivery Vehicles from BrightDrop.

Pipeline Packaging acquires packaging distributor, MidStates Container Company
Move explained as expanding market reach in Midwest, with complementary product lines and related services


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