Ampac Packaging Forms Ampac Flexibles Unit
August 2005
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CINCINNATI, Ohio —Ampac Packaging, LLC, a diversified flexible packaging company, announces the formation of Ampac Flexibles. This combines the recently acquired Kapak Corp. (Minneapolis) and Flexicon, Inc. (Chicago) along with Ampac's existing Performance Films group (Cincinnati).
Going forward, both Kapak and Flexicon will operate under Ampac Flexibles - Converted Products and the company's existing Performance Films group will operate as Ampac Flexibles - Performance Films.
"We are pleased to announce the formation of Ampac Flexibles. By assembling all of these product lines under one business unit, we are bringing our customers more flexible packaging solutions than ever before. Ampac Flexibles is known for its innovation—its ability to create, design and manufacture new packaging concepts to meet customers' objectives," says John Baumann, chief executive officer, Ampac Packaging.
Ampac Flexibles is headed by George Thomas, vice president of business development, Ampac Packaging LLC. "In addition to the value derived from the synergy of the three business units, we now have the platform for further growth. In the months to come, we will pursue other strategic acquisition opportunities that will enhance our ability to deliver even more value to our customers," says Thomas.
Going forward, both Kapak and Flexicon will operate under Ampac Flexibles - Converted Products and the company's existing Performance Films group will operate as Ampac Flexibles - Performance Films.
"We are pleased to announce the formation of Ampac Flexibles. By assembling all of these product lines under one business unit, we are bringing our customers more flexible packaging solutions than ever before. Ampac Flexibles is known for its innovation—its ability to create, design and manufacture new packaging concepts to meet customers' objectives," says John Baumann, chief executive officer, Ampac Packaging.
Ampac Flexibles is headed by George Thomas, vice president of business development, Ampac Packaging LLC. "In addition to the value derived from the synergy of the three business units, we now have the platform for further growth. In the months to come, we will pursue other strategic acquisition opportunities that will enhance our ability to deliver even more value to our customers," says Thomas.
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