- May 05, 2003, PRESS RELEASE
APPLETON, WI, USA—Last week, Appleton announced it has acquired two privately held comanies, C&H Packaging Company Inc., Merrill, WI, and American Plastics Company Inc., Rhinelander, WI. According to Appleton, C&H prints and converts flexible plastic packaging materials for companies in the food-processing, household and industrial product, and medical device industries; American Plastics produces high-quality, custom multilayered films and commercial packaging. The terms of the acquisitions were not disclosed by Appleton.
Appleton says it purchased the two companies as part of its strategy to acquire technology that will enable it to leverage its expertise in coating applications and microencapsulation. "Producing substrates for the performance packaging industry is one of the markets in which we feel there are multiple opportunities for us to compete and grow," says Doug Buth, Appleton's CEO. Each company will operate as a subsidiary of Appleton, adds the co.
Learn more about Appleton at appletonideas.com.