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Article | April 30, 2001
Domestic acquisitions, agreements
Impaxx Labels (Schaumburg, IL) has combined its businesses, including Trine Labelling Systems, Label-Aire Inc., and CSA Machine Systems into a focused group to offer packagers a single source for labeling equipment.
Kraton Polymers Business (Houston TX) has been sold to the private investment firm Ripplewood Holdings LLC (New York NY). BASF Corp. (Mt. Olive NJ) has signed a distribution agreement with the general polymers div. of Ashland Distribution Co. (Dublin OH) to be a distributor of its general-purpose high-impact and Avantra specialty polystyrene molding and extrusion resins in the United States and Canada. JMD Manufacturing Inc. (Framingham MA) has agreed to distribute a line of label dispensers and applicators to the East coast for Alipack Americas (Gurnee IL). Borden Chemical Inc. (Louisville KY) has selected Excel (Westerville OH) to manage packaging and warehousing sevices for its industrial resins operation. Jaguar Packaging Inc. (Lewiston NY) has added Pliant Corp. (Schaumburg IL) to its family of Standzip licensees. Paulson Training Programs (Chester CT) and Bosch Automation Technology (Bridgman MI) have formed a partnership to promote Boschs training products. Teknor Apex (Pawtucket RI) has part- nered with Davis-Standard (Pawcatuck CT) to develop an extrusion system for producing a reinforced tubing product. Air Packaging Technologies Inc. (Valencia CA) has signed a private-label purchase agreement with 3M (St. Paul MN) which will give 3M exclusive worldwide rights to sell and distribute APTIs products. Southcorp Packaging USA Inc. (Atlanta GA) has reached a sale agreement with JP Morgan Chase and will now be called North America Packaging Corp.
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