FP International Purchases Massachusetts Loosefill Expansion Operation.REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif.--(BUSINESS WIRE)--Nov. 13, 1996--FP International today announced the purchase of Protean pro·te·an adj. Readily taking on varied shapes, forms, or meanings. protean changing form or assuming different shapes. Packaging Corporation of Holden, Mass. "We are pleased to add Protean to our corporate family," said Arthur Graham Arthur Graham (born 26 October 1952 in Castlemilk, Glasgow) is a former Scottish professional footballer who played for Aberdeen, Leeds United, Manchester United, Bradford City and the Scotland national team. He played as a left winger. , FP International FP president. "The acquisition of Protean strengthens our base of operations Noun 1. base of operations - installation from which a military force initiates operations; "the attack wiped out our forward bases" base air base, air station - a base for military aircraft army base - a large base of operations for an army in Massachusetts and is the first step of our planned expansion on the East Coast, implementing our commitment to expanding operations and growth in this region." "We are equally pleased to have Warren E. Mason, president of Protean, join us and represent FP International's products," Graham continued. "We are incorporating Protean's loosefill expansion operation into our existing manufacturing facility in Auburn Auburn (ô`bərn). 1 City (1990 pop. 33,830), Lee co., E Ala.; inc. 1839. The city's economy centers around Auburn Univ.; there is some manufacturing. 2 City (1990 pop. 24,309), seat of Androscoggin co. . "Adding Protean's customer base increases our share of the loosefill market in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. . The combined packaging operations will offer local customers more diverse products and excellent service," Graham stated. FP International will move Protean's loosefill expanding operation from Holden to Auburn. Plant Manager Wayne L. Cheries will oversee the transition at FP International's St. Mark Street facility in Auburn. "We're adding 10,000 square feet in Auburn to house the new loosefill expansion operation," said Cheries. "Equipment installation will be completed this month, and we expect to be fully operational in January 1997." FP International, the new trade name of Free-Flow Packaging International, Inc., is an international manufacturer of protective packaging materials and loosefill dispensing systems as well as a major polystyrene polystyrene (pŏl'ēstī`rēn), widely used plastic; it is a polymer of styrene. Polystyrene is a colorless, transparent thermoplastic that softens slightly above 100°C; (212°F;) and becomes a viscous liquid at around 185°C; recycler. The company received the National Recycling Coalition's 1996 Award for Outstanding Recycling Innovation in September 1996 and its second consecutive Massachusetts Packaging Challenge Silver Award for its recycled content loosefill in May 1996. Visit FP International on the Internet -- http://www.fpintl.com CONTACT: FP International Virginia Lyle, 800/866-9946 |
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