Packaging companies look to solve green challenges

As global demand for rigid plastic packaging is rising, environmental awareness is increasing. In response, many manufacturers and retailers are moving towards greater sustainability, targeting both effectiveness and environmentalism with their rigid plastic packaging. Pira International Ltd.,...

By Sean Griffey • March 1, 2012

Executives buy out Petersen Industries

Grapple truck maker Petersen Industries Inc. has a pair of new owners. The Lake Wales, Fla.-based company was acquired by Casey Hardee, who most recently was Petersen Industries' national accounts manager, and Sam Petersen, son of company founder John Petersen. Hardee will be president of ...

By Sean Griffey • Feb. 29, 2012

Progressive´s stock hit after taking impairment charge

Progressive Waste Solutions Ltd. took an impairment charge in the northeastern United States that severely impacted its earnings and led to its stock being down more than 9% this morning. Progressive took a noncash goodwill impairment charge of $360.6 million against earnings during the fourth...

By Sean Griffey • Feb. 29, 2012

WM workers help woman from car stuck on train tracks

Two Waste Management Inc. employees saved a woman on Feb. 23 after her car got stuck on train tracks as a train approached in Newark, Del. Monique Dyton was in the driver's seat while passenger, Christina Johnson, tried to push the car from the tracks, according to NBC 10 in Philadelphia. ...

By Sean Griffey • Feb. 24, 2012