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GRAHAM PACKAGING COMPANY BUYS CANADIAN BOTTLE-MAKER

 YORK, Pa, April 1 /PRNewswire/ -- Graham Packaging has moved into Canada with the purchase today of Plax, Canada's largest producer of custom blow-molded plastic bottles.
 Terms of the transaction were not disclosed. The purchase gives Graham Packaging a total of 27 plants throughout North America.
 Plax, formerly a unit of Consumers Packaging Group, operates plants in Burlington and Mississauga -- both outside Toronto -- and in Anjou, near Montreal. The company, like Graham Packaging, manufactures custom plastic bottles for household products, personal care items, foods and beverages and automotive products.
 Plax customers include Procter & Gamble of Canada, Lever, Colgate of Canada, Hershey Foods, Quaker Oats, Nestle and Shell Canada.
 Graham Packaging intends to continue operations at all three plant locations, according to Phil Yates, the company's chief operating officer.
 "Plax is a good strategic fit for our company," he said. "Like Graham, Plax is a leader in the use of recycled plastic. In addition, these plants will help us serve some of our key global packaging customers."
 Yates also said the company will benefit from Plax's strength in food and beverage packaging. Graham, which recently won a DuPont Award for innovation in food packaging, is expanding its efforts in that market.
 Today's Plax acquisition announcement follows Graham Packaging of Europe's November purchase of Pozzoli s.l.r., the leading custom blow- molding company in Italy and the previously announced formation of Rheem Graham in Brazil. Graham Company officials say they expect to announce additional global moves in Europe and elsewhere in the very near future.
 Jim Bacon, president and CEO of Consumers Packaging, Inc. said that the sale of Plax will enable his company to concentrate on its core glass container business.
 "Plax will be better positioned as part of a major company committed to rigid plastic packaging," Bacon said.
 Graham Packaging is the world's largest manufacturer of HDPE plastic bottles used for household cleaning products, automotive lubricants, personal care and assorted food products. The company, based in York, PA, is also a leader in the use of recycled plastic in HDPE bottle production.
 Graham Packaging Company and Graham Packaging of Europe are wholly- owned by The Graham Companies, a privately held group based in York.
 -0- 4/1/93
 /CONTACT: Patrick M. Early, Alliance Communications Group 717-852-0322, for Graham Packaging/


CO: Graham Packaging Company; Plax ST: Pennsylvania IN: SU: TNM

TM-MJ -- PH031 -- 2315 04/01/93 19:33 EST
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Publication:PR Newswire
Date:Apr 1, 1993
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