TLMI Announces Eugene Singer Award Winners BY GREG KISHBAUGH
ValorFlex Packaging Acquires Jet Packaging
ValorFlex Packaging, a newly formed flexible packaging company located in Dickson, Ten- nessee, has acquired the assets of Jet Pack- aging Group, a flexible packaging company
At TLMI’s recent in-person Converter Meeting held in San Antonio, Tex- as, the association announced the winners of the 2024 Eugene Singer Award for Management Excellence. The award recognizes outstanding business management practices through participation in the annual TLMI Management Ratio Study. To be considered for the Singer Award, TLMI converter members submit key growth and business efficiency metrics to TLMI’s partner firm, Industry Insights.
known for its market share in lamination and flexographic printing, also located in Dickson. With this acquisition, ValorFlex Packaging aims to leverage Jet’s strengths to provide enhanced solutions, improved customer ex- periences, and innovative services. Walmart Unlikely To Meet Plastic Recycling Targets Walmart does not expect to meet its 2025 plastic packaging reduction and recyclabili- ty targets, the retailer revealed in an update published February 28. This follows Walmart saying at the end of 2024 it would miss 2025 and 2030 greenhouse gas emissions reduc- tion targets. “While we have made significant prog- ress towards our ambitious 2025 goals for recycled content, virgin plastic reduction, and packaging recyclability, we expect to fall short of achieving these goals by 2025,” the com- pany wrote.
“The 11 factors and metrics that determine the Singer Award win- ners provide a comprehensive representation of a company’s financial health,” said Greg Manns, Senior VP of Industry Insights. “These win- ning firms have demonstrated exceptional ability to grow their busi- nesses while maintaining strong expense management.” The 2024 awards were presented to the following companies: CleanMark , Portland, Oregon, won in the small company category. Graphicsland , Tinley Park, Illinois, won in the mid-range company category. KDV Label , Waukesha, Wisconsin, won in the medium company category. Inovar Packaging Group , Dallas, Texas, won in the large company category.
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