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Caraustar closes, sells units.


CARAUSTAR CLOSES, SELLS UNITS. Caraustar Industries Inc., Atlanta, Georgia, USA announced the closure of its Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation).
Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States.
 folding carton The folding carton created the packaging industry as it is known today, beginning in the late 19th century. Basically, a folding carton is made of paperboard, and is cut, folded, laminated and printed for transport to manufacturers.  plant of the Custom Packaging Group and the Georgetown, Kentucky plastics plant of the Industrial & Consumer Products Group. Customers of these facilities will be served by other Caraustar operations.

In other news, Caraustar sold its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, Paradigm Chemical & Consulting LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, to Paradigm's managers in exchange for the assumption of all liabilities.
COPYRIGHT 2004 Paper Industry Management Association
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Industry News
Publication:Solutions - for People, Processes and Paper
Geographic Code:1USA
Date:Aug 1, 2004
Words:73
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