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StockNews.com
Business
Anushka Dutta

Berry Global Group: Buy or Sell?

Packaging company Berry Global Group, Inc. (BERY) in Evansville, Ind., is a manufacturer and supplier of flexible, rigid, and non-woven products for use in consumer and industrial-end markets. The company functions through the broad segments of Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties.

On May 4, BERY and Taco Bell announced the launch of their new clear, all-plastic cup containing mechanically recycled post-consumer resin (PCR), designed for circularity. Tom Salmon, BERY’s chairman, and CEO, stated, “For years, we have collaborated with Taco Bell to make integral steps toward a more sustainable cup solution—one that is lighter weight, and proves the economic value and demand for recycled material, without compromising the product’s recyclability.”

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