Berry Plastics sees business turnaround in past 90 days, with customers looking for innovative packaging ideas, existing products, executive says; health care business fairly steady, buildings materials unit still 'very challenging'
October 17, 2011
– Berry Plastics Corp. has seen a turnaround in its business in the past 90 days, with customers starting to look for innovative packaging ideas, said a company executive, reported the Courier & Press on Oct. 16.
The interest is not only for creating new packaging for brand-new products, but also for existing products, according to Randy Hobson, executive VP for commercial development at Berry Plastics.
Hobson saw this as a good sign for the economy. During the recession, companies were moderate in their packaging, sticking only to the basics, he said, the Courier & Press reported.
Beyond being beneficial to Berry Plastics, this interest in new packaging also bodes well for the economy as new products tend to require investment, such as for new production equipment, said Hobson.
However, the company’s buildings materials unit is still “very challenging,” while its health care business is fairly steady, said Hobson, reported the Courier & Press.
Berry Plastics, headquartered in Evansville, Indiana, makes plastic films, containers and packaging for such industries as food, restaurants, health care and construction.
The primary source of this article is the Courier & Press, Evansville, Indiana, on Oct. 16, 2011.