THERMOFORMED PLASTICS MARKET ANALYSIS
Global Thermoformed Plastics Market: Key Developments
In December 2020, Placon initiated the construction of their medical facility expansion at Elkhart, Indiana, the U.S. The production facility will manufacture custom plastic packaging for medical devices along with other products for the healthcare industry. In addition, the site is designed to perform operations on thermoforming, BargerGrad protective products, in line flexographic lid printing, die cutting, and lift labels.
In March 2021, Anchor Packaging LLC announced the 90,000 square-foot, $21.5 million expansion of its Arkansas manufacturing facility to meet the growing demand for foodservice containers used by restaurants, supermarkets, and convenience stores.
In July 2020, Anchor Packaging LLC acquired Panoramic INC., Wisconsin based manufacturer of thermoformed products. This merger enables Anchor to serve the combined customer base along with providing more complete outcomes for the entire food industry in North America and other regions.
In March 2020, Anchor LLC announced the FryBaby hinged container in its Crisp Food Technologies container line to integrate anti-fog elements in both clear bases & clear lid to keep food looking fresh.
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