Private equity s falling out of love with plastic packaging
By Arno Schuetze
Reuters
FRANKFURT (Reuters) - A decade ago, private equity couldn t get enough of plastic packaging. They snapped up companies making bags, films and trays to contain everything from food and fashion to drink to drugs, drawn by reliable cash flows and consolidation prospects.
But now the sector s not quite so in vogue. Many buyout firms are steering clear, and some of those holding assets are struggling to offload them at what they consider attractive prices, according to people involved in such deals.
This reversal illustrates how much the investment world has recalibrated itself in a matter of years, with environmental factors becoming dealmakers or breakers.
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1911
April 19, 1911-The St. Paul Mine in Keewatin opened; the Roberts and Platt mines in Nashwauk also opened for the season.
April 19, 1911-There has been a great influx of settlers to Itasca County this spring and the number is steadily increasing, particularly, Grand Rapids has received many who have purchased lands and who have settled in the immediate vicinity.
1921
April 20, 1921-Good progress is being made for improved highway construction in Itasca County. Clearing was started on the Blackberry to Warba route.
April 20, 1921-A recount for the mayorship of Keewatin ended in a tie vote. The issue will be settled in court. The two candidates are Dr. A.C. Kean and George Matakovich.
Zanesville Times Recorder
ZANESVILLE - Bars and restaurants with on-premise liquor permits have another shot at pandemic relief funding, but those who haven t already applied need to do so by Sunday.
Applications for the Ohio Bar and Restaurant Fund are accepted through Jan. 31. Each of the 15,400 eligible permit holders across the state will receive $2,500 for each of their unique business locations, but only if they submit an application.
On-premise liquor permit holders from dozens of local establishments still qualify. As of Tuesday, there were 26 permits in Muskingum County, five in Coshocton County, eight in Guernsey County and 15 in Perry County that still qualify for the fund.
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