Pactiv Invests Nearly $12 Million to Expand Capacity

Pactiv Corporation PTV announced today that it has scheduled the final phase of a nearly $12 million equipment upgrade to increase capacity for its line of expanded polystyrene food processor trays. The two-year program—to update selected extrusion, thermoforming, padding, and packaging equipment in four manufacturing locations—is expected to be complete in early 2011 to meet anticipated customer demand.