Carlyle Group to Buy Illinois Tool Works Unit for $3.2B
The unit provides material and equipment used in the shipping process. CEO Scott Santi said the deal with private equity giant Carlyle Group marks the “last major step” in refocusing ITW’s portfolio. “The Industrial Packaging business is a highly ...

Expanding: Uline unveils plans to grow shipping business
The company expects the $100 million investment will create 500 new jobs. Uline is a business-to-business distributor of shipping supplies, industrial materials, and packaging materials. The company offers delivery of its approximately 28,000 products ...

New Ventures: Printing and shipping business opens in downtown Bethlehem
The neighborhood business center will provide marketing services to small businesses and entrepreneurs. Other services include design, print, direct mail, website layout, door hangers or packaging and shipping ... light industrial, clerical and nonmedical ...

Greif Sells Multiwall Packaging to Align Business Portfolio
In line with its ongoing efforts to strategically align the Greif core business portfolio and key growth drivers, Greif, Inc. (GEF) announced the sale of its Multiwall Packaging ... American producer of industrial and consumer shipping sacks and multiwall ...

UPDATE 1-Illinois Tool Works explores sale of industrial packaging business
Feb 19 (Reuters) - Illinois Tool Works Inc said it is exploring a sale or spinoff of its industrial ... shipping and protecting transported goods. Longbow Research analyst Eli Lustgarten said below-average-profitability made the packaging business "a ...

ITW to Sell Industrial Packaging Biz
The Industrial Packaging segment had contributed $2.4 billion or 13.5% of the company’s total revenue in 2012. The segment engages in the production of steel, plastic, and paper products used for bundling, shipping, and protecting transported goods.