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).
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.