House & Home
Mon, August 9, 2010Fri, August 6, 2010Thu, August 5, 2010Wed, August 4, 2010Tue, August 3, 2010Mon, August 2, 2010Fri, July 30, 2010Thu, July 29, 2010Wed, July 28, 2010Tue, July 27, 2010Mon, July 26, 2010Sun, July 25, 2010Fri, July 23, 2010Thu, July 22, 2010Wed, July 21, 2010Tue, July 20, 2010Mon, July 19, 2010Fri, July 16, 2010Thu, July 15, 2010Wed, July 14, 2010Tue, July 13, 2010Mon, July 12, 2010Fri, July 9, 2010Thu, July 8, 2010Wed, July 7, 2010Tue, July 6, 2010Mon, July 5, 2010Sat, July 3, 2010Fri, July 2, 2010Thu, July 1, 2010Pactiv Corporation Invests $14.5 Million in Production Capacity for New Technology Molded Fiber Carryout Containers Made from S
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Published in House and Home on Monday, July 19th 2010 at 8:05 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
LAKE FOREST, Ill.--([ BUSINESS WIRE ])--Pactiv Corporation (NYSE: PTV), a leader in the foodservice packaging industry, announced today it has completed the first three phases of a $14.5 million project to produce high-quality molded fiber hinged lid carryout containers and other products at its Moorhead, Minn., facility. Initial production commenced early in 2009 and the project is expected to be fully operational by October 2010.
"Our food service customers are looking for additional choices for carry-out food packaging that is sustainable and compostablea Pactiv offers the latest in sustainable materials, performance and innovation"
The three newest manufacturing lines add 25 jobs and produce molded fiber products sold under the brand EarthChoicea" Fiber Blend Hingeware. The implementation of this new molded fiber manufacturing process and related customer demand has been so successful that Pactiv is adding additional capacity later in 2010.
aOur food service customers are looking for additional choices for carry-out food packaging that is sustainable and compostablea Pactiv offers the latest in sustainable materials, performance and innovation,a said Pete Lazaredes, Executive Vice President and General Manager of Pactiva™s Foodservice/Food Packaging segment. aNot only are we pleased with response to our EarthChoicea" products -- we are already anticipating additional significant investments in our U.S.- based molded fiber manufacturing capabilities. Unlike many competitive offerings, Pactiv products are manufactured in the U.S., reducing the environmental impact of overseas transportation and distribution.a
Pactiva™s new proprietary technology allows for precision molding which results in a lightweight, smooth, strong, high-quality foodservice carryout container. The process allows for finely-molded features such as curves, folds and precise in-molded closures. Made from a blend of wood pulp fibers from sustainable and renewable resources, EarthChoicea" Fiber Blend Hingeware is ASTM D 6868 certified, Cedar Grove Composting-approved and is processed without chlorine.
Pactiv Corporation (NYSE: PTV) is a leader in the consumer and foodservice/food packaging markets it serves. With 2009 sales of $3.4 billion, Pactiv derives more than 80 percent of its sales from market sectors in which it holds the No. 1 or No. 2 market-share position. Pactiva™s Hefty® brand products include waste bags, slider storage bags, disposable tableware, and disposable cookware. Pactiva™s foodservice/food packaging offering is one of the broadest in the industry, including both custom and stock products in a variety of materials. For more information, visit [ http://www.pactiv.com ].
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