Domtar Corporation has completed its purchase of the point of-sale (POS) paper business from Appvion Operations, Inc.
The business includes the coater and related equipment located at Appvion’s West Carrollton, Ohio, facility as well as a license for all corresponding intellectual property.
With this acquisition, completed at the end of April, Domtar will become a large-scale, integrated producer of POS paper.
“This acquisition provides us access to and insight into coated specialty papers market growing globally,” said John Williams, Domtar president and chief executive officer, in a statement.
“We are very pleased to have closed this transaction on time given the complexities around the COVID-19 pandemic. We are extremely proud of our employees and our newest employees for making this transition during this difficult time in our communities.”
In a post on Domtar’s website, Rob Melton, Domtar Paper vice-president and general manager, says, “The West Carrollton coater, combined with Domtar’s low-cost base paper, now positions us to compete domestically and globally in the lightweight thermal paper market, while also providing new options for our paper business’ future growth.”
Since 2012, Appvion’s West Carrollton facility has applied a thermal coating to lightweight base paper made at Domtar’s Marlboro Mill.
After the paper receives the thermal coating, it’s cut on a winder into three separate 50-inch-wide rolls. These rolls are shipped to customer facilities where they’re converted into small rolls used for receipts at point-of-sale.
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