Industry News

MCC details future, Avery Dennison explores thermal technologies and more

MCC expects to emerge from prepackaged Chapter 11 in the coming weeks, and the other top stories of the week.

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By: Greg Hrinya

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Multi-Color Corporation (MCC), a global leader in prime label solutions, has announced that the United States Bankruptcy Court for the District of New Jersey has confirmed the company’s prepackaged plan of reorganization. MCC expects to emerge from prepackaged Chapter 11 in the coming weeks.

Under the terms of the plan, MCC will complete a comprehensive restructuring transaction that significantly deleverages the company’s balance sheet and recapitalizes the business. The restructuring reduces net debt by approximately $3.8 billion, reduces annualized cash interest expense by more than $330 million, and extends long‑term debt maturities to 2033.

Meanwhile, with the rise of e-commerce spending among consumers, demand continues to rise for effective labeling solutions. Suppliers like Avery Dennison have worked diligently to bring a wide range of thermal solutions to the market, especially as there is no sign of this trend slowing down.

Here are the top stories from the week ending on April 24, 2026:

  1. MCC announces confirmation of plan of reorganization
  2. Thermal technology adapts to growing label market demands
  3. Flexo Market Update 
  4. TLMI honors Eugene Singer Excellence in Business Management Award winners
  5. TLMI promotes community, insight, advocacy at Converter Leadership Meeting

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