Avery Dennison said it has agreed to acquire JDC Solutions, Inc., a privately owned manufacturer of pressure-sensitive specialty tapes headquartered in Mount Juliet, Tennessee, for the purchase price of $24 million.
Ox Industries has acquired Corex US, LLC. The Corex facility, located in Stevens Point, Wisconsin is a manufacturer of spiral wound tubes and cores customized for any application. This facility adds high strength paper core production technology for plastic film and paper mills to the Ox converted product line.
Pixelle Specialty Solutions LLC, a leading manufacturer of specialty papers in North America, has signed a definitive agreement to acquire the carbonless rolls and security papers business of Appvion Operations, Inc.
Paperitalo Publications CEO Jim Thompson has been calling mills this morning (15 Feb 21) and found general reports of widespread abnormal conditions due to the extremely cold weather. If the mills can get natural gas, they are slowed down, just trying to keep the mills from freezing up. Spot natural gas prices are as high as $300/mmBtu and purchased electricity is on curtailment in many places.
