Norampac acquires AIM
August 30, 2004 By Pulp & Paper Canada
Montreal, QC – Norampac announced that it has completed the acquisition of AIM Corrugated Container assets, a corru…
Montreal, QC – Norampac announced that it has completed the acquisition of AIM Corrugated Container assets, a corrugated products converting plant located in Lancaster, NY. This investment is in keeping with Norampac’s development plan, designed to expand its presence in the northeastern United States.
The 95,000-square-foot plant employs some 128 people. Founded in 1962, this independent company specializes in the manufacture of every type of corrugated box. Because of the facility’s strategic location, the management of this new plant and that of our Buffalo converting plant will be entrusted to the former shareholders of AIM. This will make it possible to capitalize on a number of synergies.
AIM Corrugated Container Corp. is the second U.S. acquisition for Norampac this year, bringing the total number of its corrugated products converting plants in the country to six. In addition to the Buffalo division and the brand new Lancaster plant, Norampac has divisions in Leominster, MA, and Thompson, CT, as well as in New York City and Schenectady, NY.
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