Berry Global to Expand its North American Capacity for Clear, Sustainable Foodservice Packaging
Berry Global Group, Inc. (BERY)
Last berry global group, inc. earnings: 5/1 07:30 am
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Source: Business Wire
Demand for High-Quality Polypropylene Continues as Foodservice Brands Seek More Sustainable Food Packaging Options EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) announced today plans to expand its foodservice packaging manufacturing operations in North America as part of its long-term strategic growth commitments. This more than $110 million investment will expand its proprietary and industry-leading polypropylene thermoforming capabilities to manufacture clear drink cups and lids for quick-service restaurants, coffee shops, convenience stores, and other foodservice markets. The clear design fills an increasing demand for a cup that showcases a premium brand image and beverage appeal and improves restaurant operation efficiencies while offering a more sustainable packaging option.Foodservice brand owners are steadily increasing their forecasted volumes with Berry production for access to the Company’s 30-plus active patents across clear cups and lids. In
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- Liquid Packaging Market Size to Worth Around USD 723.66 Bn by 2032 [Yahoo! Finance]Yahoo! Finance
BERY
Earnings
- 2/7/24 - Miss
BERY
Sec Filings
- 4/11/24 - Form 8-K
- 3/8/24 - Form 4
- 3/8/24 - Form 4
- BERY's page on the SEC website