Packaging Digest is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

D&W Fine Pack lands Clear Lam Packaging thermoform division

D&W Fine Pack lands Clear Lam Packaging thermoform division
Clear Lam thermoform packaging


Clear Lam thermoform packagingD&W Fine Pack CEO Mark Staton told Plastics Today growth potential is "promising" regarding the company's recent purchase of the thermoforming division of Clear Lam Packaging.

 

With annual sales of approximately $80 million, the Clear Lam thermoforming division is a supplier of food packaging containers made from polyethylene terephthalate and polylactic acid to North American food processors and retailers. The sale includes facilities located in Elk Grove Village, IL; Vernon, CA; and one international facility in Nanjing, China.

 

"It fits well with our existing technology base and widens our presence in the grocery/packer/processor market," Staton said. "Also the operation in China gives us a valuable base in a fast developing market in its own right. Allied with that, it gives us an opportunity to use it both for manufacturing and sourcing in Asia."

 

Regarding any future acquisitions, Staton said D&W will continue to appraise any additional vehicle that fits with its strategic vision.


Read the entire Plastics Today article here.
.

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish
Generations-3-AdobeStock_241450594-72dpi_0
Multigenerational Workforce

In today’s workplace, five generations are actively employed. In this free ebook, learn how to leverage the strengths of each generation in your packaging department.

Generations-3-AdobeStock_241450594-72dpi_0