Supply Chain

Beverage packaging manufacturer Ball Corporation will acquire an 80% stake in Benepack’s European can manufacturing businesses, including two production facilities in Belgium and Hungary, the company announced Wednesday.

Amid reported settlement talks with $4 billion activist investor Elliott Investment Management, PepsiCo announced on Monday that it is evaluating an integrated model for its North America supply chain and go-to-market optimization initiatives.

Ball Corporation is making a change to its top leadership post. The world’s largest aluminum can manufacturer appointed Ronald J. Lewis as its new CEO, replacing Daniel W. Fisher, effective immediately. Lewis will also join the company’s board of directors.

RahrBSG has increased prices on select products due to tariffs, the ingredients purveyor announced yesterday in a tariff-related FAQ.

Teamsters’ strike at Breakthru spreads to six more states; Voodoo Ranger and Malört collab on Roulette IPA release; Intuition Ale Works available for turnkey sale; G4 Kegs pauses imports; consumer spending dips in May; and Constellation data shows Hispanic consumers’ pullback from dining out.

In a move set to impact “thousands of customers,” American Canning today halted operations at its Aluminum Toyo Ultimate Can (aTULC) manufacturing plant in Texas, abruptly ending an innovative first-in-the-nation packaging partnership that had attracted significant interest from ready-to-drink cocktail and energy drink makers.

Ball Corporation’s global beverage can shipments increased +2.8% in the second quarter of 2024, the Denver-headquartered company shared in its Q2 2024 results.

Global hop acreage declined -3.3% in 2023 versus 2022, the second consecutive year of decline and a “significantly sharper” reduction versus the -0.3% year-over-year (YoY) decline recorded in 2022, global hop supplier BarthHaas reported this week.

Ball Corporation, the world’s leading manufacturer of aluminum beverage cans, is “keeping a close eye” on domestic beer and energy drinks as it plots its next few years, executives said during an investor day Tuesday.

Ball Corporation recorded a -9.9% volume decline for its North and Central America can business during the third quarter, the company reported today. Global shipments declined -3% in the quarter.

Skagit Valley Malting has permanently closed and is expected to file for Chapter 7 bankruptcy liquidation, a now-former employee confirmed to Brewbound.

Hop supply in the U.S. has outpaced hop usage for more than six years, a disparity that is “unsustainable” and will ultimately be corrected with reduced crop in the future, Brewers Association (BA) chief economist Bart Watson warned during a Collab Hour webinar last week.

American Canning, an Austin, Texas-based aluminum can and packaging supplies provider, has signed a supply agreement with global can manufacturer Ball Corp. as an “official distributor” of blank and printed brite cans.

A tentative deal between the remaining two railroad worker unions and the rail carriers has been reached. Early Thursday morning, U.S. Department of Labor Secretary Marty Walsh tweeted that ”a tentative agreement that balances the needs of workers, businesses, and our nation’s economy” had been agreed upon by the rail companies and union negotiators after “20 consecutive hours of negotiations.”