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Article: Two plants are sold as Macfarlane gets back to basics.(NARROW WEB EUROPE)
- Article from:
- Label & Narrow Web
- Article date:
- November 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 Rodman Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Macfarlane Group, one of the UK's largest suppliers of packaging for consumer products, has sold two "non-strategic" and loss-making operations in California and Mexico to Specialized Packaging Group (SPG) for US$7.73 million in cash. It will concentrate on developing its core businesses, including PSA labels and resealable products, for which the USA is a target market. The North American plants manufacture foam-based packaging components, mainly for the electronics, healthcare and fresh produce sectors. Based in Hamden, CT, USA, SPG is a leading converter of folding carton converters in the US.
Macfarlane Labels Ltd. has primary label plants in Kilmarnock in ...