[2] Siman Packaging's Innovative Approach Links With Customers to Serve Hispanic Community.MIAMI--(BUSINESS WIRE)--Dec. 16, 1999-- Major consumer products companies now have a new opportunity to support the growing Hispanic population in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and obtain high-quality packaging through a company just established in Miami. The new company -- Siman Packaging -- will be "majority owned and managed by Hispanic business Hispanic Business, Inc. is a media company based in Santa Barbara, California, in the United States of America. Founded by Jesús Chavarría in 1979, Hispanic Business, Inc. publishes information for and about Hispanic professionals and entrepreneurs. executives and will offer a unique opportunity to companies seeking to develop a closer relationship with the Hispanic market," says Fernando Siman, co-chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of The Siman Group. "We believe we have an innovative approach that will be attractive to Fortune 500 companies and others seeking to reach the growing Hispanic markets in the United States and worldwide," Siman said. "Through Siman Packaging we will offer the highest-quality paperboard packaging, outstanding customer service and competitive market prices that will be appealing to major manufacturers of consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and ," Siman said. "Beyond that, we will return a percentage of our profits to the Hispanic communities where we operate through charitable activities and contributions." "Companies that use Siman Packaging will be more than customers -- they will be partners in providing more job opportunities and a better life for members of the Hispanic community," added Evelio Ley LEY. This word is old French, a corruption of loi, and signifies law; for example, Termes de la Ley, Terms of the Law. In another, and an old technical sense, ley signifies an oath, or the oath with compurgators; as, il tend sa ley aiu pleyntiffe. Brit. c. 27. , vice president for marketing and promotion for The Siman Group. "We intend to locate in areas where there is a significant Hispanic population and employ many Hispanic workers," Ley said. The initial operations will be located in Miami and Waco, Texas For the Branch Davidian siege in Waco, Texas, see . For other uses of "Waco", see Waco (disambiguation). Waco (pronounced: /ˈweɪkoʊ/) is the county seat of McLennan County, Texas. , with future growth targeting major Hispanic population centers such as California, Illinois and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . The new company is a joint venture of The Siman Group of Miami and Gulf States Paper Corporation of Tuscaloosa, Ala. The Siman Group, which was founded in 1938, will be the managing partner and majority owner of Siman Packaging. Gulf States, a 115-year-old packaging and forest products company, will provide manufacturing facilities in Waco, Texas. "Gulf States is known as an innovator and one of the most respected companies in the paperboard packaging business," Siman noted, adding "We believe they will be a tremendous asset in developing this new approach that Siman Packaging is taking." "We are proud to be a partner in Siman Packaging," said Mike Case, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Gulf States. "The Siman Group has operations in more than 25 countries in North, Central and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , and has an excellent reputation as a manufacturer, converter and distributor of paper and paper products. We have done business together for a number of years and we're especially pleased to be able to work with such a respected company in this exciting new venture." "Our motto has been 'Quality Counts' for more than 100 years and we're continuing that tradition in our joint venture with The Siman Group," Case said. "This opportunity is more than good business, it's good stewardship to the community, and we take that responsibility very seriously." Siman Packaging will begin negotiations immediately with major Fortune 500 companies and plans to develop initial customer partnerships early next year, Ley said. |
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