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(PlasticsToday) -- Flexible
plastics packaging powerhouse Bemis Company Inc. acquired Mayor Packaging, a
privately-owned converter of consumer and specialty flexible packaging. Mayor is
based in Hong Kong but in 2008 it shifted its film conversion processing to a
new purpose-built facility in Dongguan, China. Financial terms of the
transaction were not disclosed. The most recent sales results reported at
Mayor's website are for 2008 when the processor's revenue exceeded USD 40
mln.
mrcplast.com
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