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Domestic acquisitions, agreements

A management team of Van Leer Metallized Products Ltd. (Franklin, MA) has successfully completed negotiations to purchase the co., renaming it Proma Technologies.—International Paper’s Industrial Packaging Business (Memphis, TN) has completed a merger with Ace Packaging (Monroe, MI).—Westvaco (New York, NY) has signed a letter of intent to sell its liquid packaging business to Blue Ridge Paper Products Inc.

(Asheville, NC).—Dillin Engineered Systems Corp. (Perrysburg, OH) has acquired the assets of ROE Inc. (Perrysburg, OH).—Lucas-Insertco Pharmaceutical Printing Co. (Baltimore, MD) and Plymouth Printing Co. Inc. (Cranford, NJ) have announced an agreement to form the Lucas-Plymouth Group (Cranford, NJ), effective March 15. The co. will operate four plants that print packaging components for the healthcare industry.—Caraustar Industries (Austell, GA) has entered into a letter of intent to acquire Arrow Paper Products Co., Inc. (Saginaw, MI).—Pactiv Corp. (Lake Forest, IL) and Sentinel Polyolefins (Hyannis, MA) have announced the formation of a global marketing and technology development agreement for advanced low-density packaging foams.—Ametek, Inc. (Clawson, MI) has acquired Patriot Sensors & Controls Corp. (Detroit, MI).—Polymer Training Resources (Des Moines, IA) has joined A. Routsis Assoc. (Dracut, MA) to share resources and provide more training opportunities.

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