PRINTER NEWS

OMAHA, Neb.—YORK Label announced its acquisition of Southern Atlantic Label. Located in Chesapeake, Va., Southern Atlantic Label was founded in 1972 and employs 130 people.

Southern Atlantic Label's primary market segment is food, including poultry, deli meats, cooking oils, and sauces, in addition to beverages, durable goods, healthcare, and personal care. According to YORK, these align very well with the company's core markets. The acquisition will support YORK's business plan to acquire companies that both strengthen its position in the market and provide additional geographic footprint in the industry.

"The addition of Southern Atlantic Label to the YORK Label platform brings benefits to all stakeholders," commented John McKernan, YORK Label president and CEO. "Southern Atlantic Label is complementary to our company not only from a regional perspective but to create new growth opportunities with world-class consumer product companies. Southern Atlantic Label associates will benefit as a result of the strength of YORK Label's structure and focused investments. Southern Atlantic Label customers will benefit due to expanded capabilities of YORK Label, in addition to the outstanding quality, responsiveness, and service which has been consistently demonstrated by Southern Atlantic Label."

American Packaging Corporation Approves Capital Expansion Project

ROCHESTER, N.Y.—The Board of Directors of American Packaging Corporation (APC) announced the approval of a $16.5 million expansion project at its Flexographic Printing and Laminating Division located in Story City, Iowa. This is one of several major APC expansions in recent years. The others include a $12 million project at its Extrusion, Laminating and Coating facility in Rochester, N.Y. and a $13 million expansion at its Rotogravure, Printing, and Laminating Division in Columbus, Wis.

President and CEO Peter Schottland states, "We are committed to expand and grow our business through strategic investment in our facilities, obtaining the latest technology, and most importantly, attracting and retaining the best people in the industry."

During the last decade, American Packaging invested more than $150 million in new capital equipment and facilities, state of the art technology, and the training and development of its highly skilled workforce. This also includes significant financial contributions to educational institutions that specialize in flexible packaging training, research, and development, with the ultimate objective of furthering the industry as a whole.

Schottland adds, "This level of investment and growth could not be possible without the dedication of our people; they truly deserve congratulations and a heartfelt thank you for their commitment to our company."