Burrows Paper Corporation has agreed to sell its Packaging Division operations to Novolex™. The transactions are expected to close in the 4Q 2016, as the company says in the press release received by Lesprom Network

It will acquire the operations located in Franklin and Mt. Vernon, Ohio; Reno, Nevada; Ft. Madison, Iowa; Kerkrade, the Netherlands; and Heshan, China.

Stan Bikulege, Chairman and CEO of Novolex™ said, “As we look forward to the integration of the Burrows Packaging Division team and business into the Novolex™ family, there’s a lot to be excited about. From the more than 400 new and talented team members who will join us to the technology and global reach of Burrows, this acquisition will enhance our ability to serve our customers and expand our horizons in many ways.”

Burrows is a privately owned, worldwide supplier of paper and packaging solutions, specializing in innovative light weight paper applications and new product development. Based in Little Falls, New York, Burrows’ associates operate four paper mills and six packaging converting facilities.

Novolex™ is one of North America’s leaders in packaging choice and sustainability, serving retail, grocery, food service, hospitality, institutional and industrial markets.

 

Source:lesprom.com

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