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NEWS


Inteplast adds stretch film capacity


US-based Inteplast is to boost stretch film capacity in its AmTopp division by adding two cast film lines to a newly acquired facility in Remington, Indiana. The move will increase production by 60 million lbs (27,000 tonnes) – boosting output by around 15% to 445m lbs (202,000 tonnes). “As we work constantly to refine


our products and services, these investments demonstrate our commit- ment to our customers and the stretch film market,” said Homer Hsieh, president of AmTopp.


Jordan buys stake in Anchor


US-based private equity firm The Jordan Company has bought a stake in Anchor Packaging – which makes speciality food packaging used by restaurants and supermarkets. The Hermann family – which has owned Anchor for 56 years – will continue to have a stake in the company. “Anchor has achieved outstanding organic growth, tripling its revenue in the past 15 years,” said Jeffrey Wolff, president and CEO of Anchor. “Now, we are talking about transformative growth – broadening our geographic reach through additional manufacturing facilities, new and complementary product lines, and new materials that offer a broader set of solutions.” � www.thejordancompany.com � www.anchorpackaging.com


www.filmandsheet.com


The new location is scheduled to be fully operational by late next year, with a workforce of up to 70 people. AmTopp has already begun its plans to invest an extra US$20m in cast film equipment for next year’s developments. The company’s complete stretch film product lines – including machine wraps, hand films, and pre-stretch films – will be made in Remington. � www.inteplast.com n For more news on stretch and shrink film, see our feature in this issue.


Solmax adds geosynthetics plant in Nevada


Geosynthetics manufacturer Solmax is expanding operations in the USA by establishing a manufacturing facility in Nevada. The new facility will be fully operational by mid-2020, it says.


Solmax says its goal is to continue to


grow, following the integration of GSE Environmental into its business. “We continue to capitalise on the acquisition of GSE Environmental business, which was highly successful in terms of profitability in 2018,” said Jean-Louis Vangeluwe, president and CEO of Solmax. “As a result, our on-going projects are fundamental to our continued growth.” Establishing a manufacturing base in the western USA will help the company decrease lead times and reinforce its competitive advantage – by creating products that are more reliable, stronger and resistant to contaminants, according to Vangeluwe.


As well as North America, Solmax has a manufacturing presence in Europe, Asia, and the Middle East. � www.solmax.com


STRETCHING THE LIMITS


High Quality Film Production Lines: Efficiency, Productivity, Flexibility


A Member of Brückner Group


Visit us at K 2019 Hall 3, Booth C90


Düsseldorf Oct 16-23


www.brueckner.com July/August 2019 | FILM & SHEET EXTRUSION 11


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