Berry Global Launches Berry Global Tooling Services, Strengthening its Global Tooling Operations

Rhea-AI Summary

Berry Global Group (NYSE: BERY) has announced the launch of Berry Global Tooling Services, consolidating its global tooling operations into a single source of expertise. This initiative aims to enhance customer access to comprehensive tooling capabilities while providing local support from over ten manufacturing locations. Key benefits include faster turnaround times, reduced shipping costs, and improved quality assurance by eliminating reliance on third-party tooling manufacturers. Berry's commitment to innovation in packaging and engineered products is strengthened by this initiative, aiming to meet diverse customer needs efficiently.

Positive

• Launch of Berry Global Tooling Services consolidates global operations into a single source of expertise.
• Faster turnaround times by eliminating third-party tooling manufacturers.
• Reduced shipping costs and lead times due to local manufacturing.
• Improved quality assurance with in-house mold development.
• Ability to support reverse engineering and emergency repairs.

Negative

• None.

Berry combines its regional global tooling capabilities to optimize its global expertise for customers

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Berry Global Group, Inc. (NYSE: BERY), a global leader in the manufacture of packaging, today announced the launch of Berry Global Tooling Services, a consolidation of Berry’s regional global tooling operations into one comprehensive source of expertise, while maintaining the regional insights and local support services from across its more than ten global tooling manufacturing locations. As a result, Berry’s current and future customers will have unique access to a full suite of tooling capabilities, including injection, blow, compression, and thermo-forming molds that can be integrated into their existing product orders.

“Many companies rely on independent tooling shops to develop their tooling as it requires a niche skillset and understanding of regional packaging regulations,” said Kevin Pennington, Vice President of Berry’s Global Tooling and Automation. “Berry Global Tooling Services eliminates the need for a third-party tooling manufacturer by providing a one-stop-shop for tooling and converting services at a global scale with regional expertise.”

The consolidation of Berry’s global tooling operations reinforces the Company’s commitment to providing customers across the globe with access to its industry-leading range of manufacturing capabilities, while offering the benefits of local service and speed. The unique ability to couple one of the largest available selections of tooling with regionally-based knowledge offers customers ordering product through Berry Global a competitive advantage by offering:

• Faster turnaround from start to finish by eliminating potential back and forth with third-party tooling manufacturers
• Greater assurance that the molds will match appropriately with the production lines Berry works on every day.
• Reduced shipping costs and lead times due to regional locations
• Quality refurbishment options and reverse engineering expertise
• Supporting reverse engineering and emergency repairs
• Minimal risk to compromising any intellectual property

“The experts across our business are dedicated to meeting the needs of customers, regardless of their location or product specifications. As a converter, we understand the high-quality end products our customers expect. Creating molds for these products in-house and closer to their end use allows us to fulfill our customer promise of Innovation for the World. Solutions for You,” said Pennington.

Molds are developed at one of Berry’s ten global tooling facilities and transported to a nearby Berry manufacturing facility where production takes place. Learn more about Berry Global Tooling Services at https://www.berryglobal.com/en/capabilities/tooling-services.

About Berry

At Berry Global Group, Inc. (NYSE: BERY), we create innovative packaging and engineered products that we believe make life better for people and the planet. We do this every day by leveraging our unmatched global capabilities, sustainability leadership, and deep innovation expertise to serve customers of all sizes around the world. Harnessing the strength in our diversity and industry-leading talent of 46,000 global employees across more than 265 locations, we partner with customers to develop, design, and manufacture innovative products with an eye toward the circular economy. The challenges we solve and the innovations we pioneer benefit our customers at every stage of their journey. For more information, visit our website, or connect with us on LinkedIn or Twitter. (BERY- P)

View source version on businesswire.com: https://www.businesswire.com/news/home/20230207005065/en/

mediarelations@berryglobal.com

Source: Berry Global Group, Inc.

FAQ

What is Berry Global Tooling Services?

Berry Global Tooling Services is a new initiative by Berry Global Group (NYSE: BERY) that consolidates its regional tooling operations to provide comprehensive tooling expertise in one place while maintaining local support.

How does Berry Global Tooling Services benefit customers?

Customers benefit from faster turnaround times, reduced shipping costs, and greater assurance that molds will match production lines due to the in-house development of molds.

What are the key features of Berry Global Tooling Services?

Key features include elimination of third-party tooling manufacturers, enhanced quality assurance, local manufacturing for reduced lead times, and support for reverse engineering.

When was Berry Global Tooling Services launched?

Berry Global Tooling Services was announced in a press release on February 7, 2023.