• Integrated Packaging Group's chief executive John Cerini has announced the company's plant in Cheltenham, Victoria, is to close its manufacturing operations and act as a distribution centre.
    Integrated Packaging Group's chief executive John Cerini has announced the company's plant in Cheltenham, Victoria, is to close its manufacturing operations and act as a distribution centre.
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Following on from its acquisition earlier this year of three Amcor Flexibles plants in Victoria and NSW, the Integrated Packaging Group (IPG) has announced it will cease manufacturing at its Cheltenham, Victoria,site.

IPG in February announced the completion of its acquisition of the business and assets of the Amcor Flexibles Packaging Plants in Cheltenham and Chester Hill and Kirrawee in NSW.

The plants produced plain and printed polyethylene products including printed industrial bags, shrink film, and PVC food film.

In a statement this week, IPG chief executive John Cerini said manufacturing at the Cheltenham site will be phased out over the coming months.

He said that after closure of the plant the company would retain a distribution centre at the site, however.

When it announced its purchase of the three Amcor sites earlier this year, IPG said it would formulate a 100 day plan to integrate the businesses with its existing operations.

Food & Drink Business

Western Australian producer, Brownes Dairy, has been put up for sale according to the Australian Financial Review (AFR), as one of its biggest lenders, China Mengniu Dairy, calls in its $200 million loan. A reduced demand for milk in China and the current positioning of the global market could be driving the decision.

The Central Coast is about to receive a boost to its local food and beverage manufacturing industry, with construction starting on the $17.14 million Food Manufacturing Innovation Hub, funded by the federal government’s National Reconstruction Fund (NFR).

The Australian Industry Group (Ai Group) says Australia is at a “critical crossroads” when it comes to R&D and decades of rhetoric have not delivered material change.