Pratt Industries Opens New Regional Facility in Cedar Holl, Texas

E-commerce is expected to reach $3.914 trillion globally by the end of 2020. And in order to snag a significant market share from the hundreds of thousands of competing e-commerce retailers that are just a few clicks away, differentiation is key. Direct to consumer (D2C) companies, in particular, allocate a lot of their budgets to marketing and branding — in some cases, 30 percent of sales. With consumers having more access to competitor products at their fingertips, D2C brands need to make a connection with consumers and give a reason to become a brand loyal customer. Unboxing also allows companies to showcase their brand through packaging, including their sustainability efforts.

Fourth Quarter Highlights (all comparisons made to the September 2019 quarter): *Net sales of $3 billion with 4 percent organic volume growth *Operating income of $349 million *Operating EBITDA up 18 percent to $586 million *Net income per diluted share of $1.44. Fiscal Year Highlights (all comparisons made to fiscal year 2019): *Net sales of $11.7 billion with 2 percent organic volume growth *Operating income up 21 percent to $1.2 billion *Operating EBITDA up 41 percent to $2.2 billion *Net income per diluted share up 38 percent to $4.14 *RPC Group Plc (“RPC”) integration and synergy realization progressing better than plan *Exceeded guidance for both cash flow from operations and free cash flow, recording $1.5 billion and $947 million, respectively.

German pet food maker Mera Tiernahrung GmbH has partnered with global leader in packaging and paper, Mondi, to expand its product line to include a new type of dog food with semi-moist croquettes. Mera realised that this type of pet food would require bespoke packaging to keep the chewable morsels fresh and moist for the duration of the product’s life span, while also being sustainable by design. Using Mondi's customer-centric approach EcoSolutions, which helps clients find the most effective and sustainable way to protect their products, Mondi recommended a packaging for Mera that addressed the practical aspects of food preservation without compromising on sustainability. The bag has a tight seal to ensure long-term freshness and protect the pet food inside, and is fitted with a valve to allow air to escape when palletising the bags. The reclosable zipper makes it easy for the consumer to handle, and the attractive matte-lacquer external finish makes the packaging stand out on the store shelf.