Tosaf Completes Latest Capital Investments in Bessemer City, N.C. Facility

Tosaf, Inc., a leading global developer and manufacturer of additives, compounds, and color and white masterbatches for the plastics industry, today announced the completion of additional capital investments in its Bessemer City, N.C. plant. The latest commitment of $2 million for a silo system and additional extruders brings the company’s total investment in the facility to more than $20 million.

The silos were installed to take advantage of a rail spur that serves the plant. Built in 2016, the facility was designed to accommodate the silo system retrofit, a major part of the enhancements that advance its efficiency and cost-effectiveness.

“We now have the needed infrastructure to receive raw materials via rail, which reduces labor and packaging required in our manufacturing processes,” said Tosaf General Manager Chai Tsadaka. “The silos and enhanced production capabilities allow us to better meet short lead times for our rapidly growing customer base. Unlike others, we provide a seven working day or less production order response time.”

Tosaf’s North American 2021 sales surged 30% above 2020. A large portion of that growth is attributable to new customers who represent 28% of active buyers.
more at: https://www.businesswire.com/news/home/20220517005871/en/

Related Posts

Mondi presents ThinkBox: three new customer engagement centres for expert collaboration on sustainable, value-added packaging

ThinkBox was created to support customers from a variety of industries in any phase of their quest for improved corrugated packaging. It is a knowledge pool continuously filled by industry and sustainability experts and the ideas and expertise of a large network of award-winning designers. The first three ThinkBox sites are located at Mondi Bupak in České Budějovice (Czech Republic), Mondi Tire Kutsan in Tire (Turkey) and Mondi Ansbach (Germany). The ThinkBox concept invites customers to unleash their full potential in a variety of possible settings: *Think Co-creation – individual workshops to solve a specific packaging issue or to explore how to bring visions to life *Think Skills – a variety of training courses and skill transfer events *Think Inspiration – interactive webinars and insight events *Think Verification – performance tests of packaging solutions

New Study: Excessive Packaging Hurts a Company’s Bottom Line

People are shopping online at a rate never before seen. As of September 2020, e-commerce sales increased 43% year over year, now reaching $60.4 billion in revenue, according to Adobe Analytics. As more people receive deliveries, consumers have become savvier with packaging solutions, developing a greater understanding of what makes an unboxing experience memorable. A curated unboxing experience is no longer a brand differentiator — it’s a must-have, according to BigCommerce. Aesthetics and customer experience aside, a recent study by California Polytechnic State University, in partnership with Pregis LLC, determined that a negative unboxing experience, such as one with excessive packaging, might hurt a company’s bottom line in the long run, particularly among Gen Z consumers. Here’s what you need to know:

Smurfit Kappa expands its range of Bag-in-Box packaging solutions with the launch of its Thermo Bag

Smurfit Kappa Bag-in Box® developed the Thermo Bag to meet the specifications of hot filling which is a commonly used processing method in the drinks industry. During hot filling, the product is pressed, filtered, pasteurised, heated and filled at a high temperature to facilitate sterilisation and then immediately cooled for preservation and taste. This method has the advantage of extending shelf life, removing any harmful microorganisms, reducing costs and simplifying the process. Hot filling is widely used in the production of fresh (not from concentrate) apple juice which has grown increasingly popular due to its freshness and health benefits. Bag-in-Box® packaging is an attractive option for both consumers and producers because in addition to maintaining the product’s quality it is eco-friendly and cost-efficient. Click Read More below for additional information.
Back To Top
×Close search
Search