Frontmatec has entered into an agreement to acquire Jining Xinglong Food Machinery Manufacturing Co., Ltd. (“Xinglong”), a leading supplier of equipment to the red meat industry in China.

The Cascades Inopak plant in Drummondville will benefit from a $15-million investment.

Bettcher Industries has partnered with MPE Partners in a move that increases the company’s ability to grow and expand its businesses; current management team remains unchanged.

Charkit's management team, led by its President and Founder Charlie Hinnant, will continue to manage the business.