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Article | October 31, 2000
Huhtamaki Van Leer (Espoo, Finland) has signed a letter of intent for the acquisition of Packaging Resources Inc. (Lake Forest, IL).
—Eastman Chemical Co. (Kingsport TN) will boost its PET sales capacity by 110 metric tons/year through contract mfg. agreements with TIEPET Inc. (Asheboro NC) PT Polypet Karyapersada (Jakarta Indonesia) and Bangkok Polyester Co. (Bangkok Thailand).
—Captive Plastics (Piscataway NJ) has become a majority shareholder in PET-Power (Etten-Leur Holland).
—Klöckner Hänsel Tevopharm (Sarasota FL) has been appointed exclusive U.S. distributor of automatic packaging infeed and loading systems manufactured by Houdijk Holland (Vlaardingen the Netherlands).
—Outsourcing Services Group (Mahwah NJ) has completed the acquisition of Ivers-Lee Ltd. (Brampton Ontario Canada).
—Leading Brands Inc. (Vancouver British Columbia Canada) and Cliffstar Corp. (Dunkirk NY) have entered into an agreement to establish a joint venture to expand their private label juice customers across North America.
—Gusmer-Admiral Inc. (Akron OH) has formed an alliance with CEH Group (Singapore) calling themselves RIM Polymers Industries PTE Ltd.
—Loctite (Rocky Hill CT) the U.S. subsidiary of Henkel (Düsseldorf Germany) has purchased Dexter’s Specialty Polymers (Bay Point CA).
—Testing Machines Inc. (Islandia NY) has acquired Adamel Lhomargy (Paris France).
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