Colbert Packaging installs state-of-the-art Signature Folder Gluer
Colbert Packaging Corporation, a premier provider of paperboard packaging solutions, announces its implementation of a new Signature™ Compact Folder Gluer in its Kenosha, Wisconsin facility. To satisfy growing demand for speed and accuracy, coupled with cost efficiency, the model 90 SLB includes a Sig Feed pre-feeder, Sig Pack auto carton packer, Leary glue system, overhead auto ejection system and more. This equipment will help Colbert employees meet and exceed the stringent quality expectations of its pharmaceutical and consumer product customers.
Pinnacle Renewable Energy and Sumitomo sign long-term contract
Pinacle Renewable Energy ("Pinnacle") has entered into a new long-term, take-or-pay contract with Sumitomo Corporation, a large, diversified trading company in Japan. Under the terms of the contract, Pinnacle will supply 200,000 metric tons per annum of wood pellets to Sumitomo starting in 2022.
These industrial wood pellets will be used to supply its customer in Japan. This will bring the Company's contracted regional sales into Asia to about 48% in 2022.