Appleton to sell its Performance Packaging ops for $58 million
A newly formed company, NEX Performance Films, Inc., which is owned by private-equity firm Mason Wells, will purchase the WI-based converter’s Performance Packaging operations for $58 million. The sale lets Appleton consolidate offerings and focus on its core specialty-paper and Encapsys® microencapsulation businesses. The deal is expected to be completed later this month. Appleton’s Performance Packaging unit produces single and multilayer polyethylene films at two wholly-owned subsidiaries: American Plastics (Rhinelander, WI) and New England Extrusion (Turners Falls, MA, and Milton, WI).
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GRAPH EXPO 2010 Virtual Preview registration now open
To whet attendees’ appetites for North America’s largest commercial and package printing exhibition this year, the Graphic Arts Show Co. will host a special online preview of GRAPH EXPO 2010. Accessible through any computer’s Web browser, the preview will take place Aug. 19, weeks before the physical event takes place Oct. 3-6 at Chicago’s McCormick Place South. Free for attendees, the “GRAPH EXPO 2010: A Virtual Preview” will feature an interactive tour of some the new equipment and products; a listing of exhibitors; live networking and chat opportunities with vendors and other Virtual Preview attendees; and educational Webinar sessions. The online event will be offered in English and Spanish. To register, click HERE.