PaperWorks Completes CanAmPac Acquisition
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PaperWorks Industries Inc., Bala Cynwyd, Pa., USA, a paperboard packaging supplier, this week announced the completion of its acquisition of CanAmPac, Canada. The acquisition includes coated recycled board (CRB) producer Strathcona Paper, folding carton manufacturer Boehmer Box, and LYFT Visual graphic services.
Strathcona Paper is the largest producer of CRB in Canada. The company produces high-quality, clay-coated paperboard rolls and sheets in medium- to heavy-weight calipers. Boehmer Box is known for its high-quality offset-litho printed folding cartons for North American food packaging applications.
The acquisition will enable PaperWorks to provide an expanded supply source for North American paperboard and folding carton customers in multiple markets including food, beverage, household chemicals, and personal care. Projected manufacturing output for the combined companies is approximately 400,000 tons of 100% recycled paperboard, annually. Its 19 North American locations will now employ approximately 2,000 staff members.
