Deals this week: Hollar & Greene, Merck and Pfizer
Hollar & Greene has entered a partnership with Tosca to lease the latter's reusable plastic containers (RPCs) for delivering cabbages from farm to its retail stores.
The partnership deal includes the delivery of Tosca's 6425 and 6428 RPCs, which feature an improved latch design that minimises the chances of product damage.
Tosca develops reusable packaging and supply chain solutions for multiple markets.
Pharmaceutical companies Merck and Pfizer have agreed to work jointly with Corning to develop Corning Valor Glass, a new pharmaceutical glass packaging solution.
Designed for use in injectable drug vials, the glass is expected to improve storage and delivery of drug formulations.
As part of the deal, Corning is expected to expand its facilities and construct a new plant to support glass production with an estimated investment of $500m.
The collaboration is a part of the White House’s Made in America Week, as well as a planned $4bn investment that is expected to create 4,000 additional high-tech jobs.