Marfred acquires firm.Sun Valley-based corrugated cor·ru·gate v. cor·ru·gat·ed, cor·ru·gat·ing, cor·ru·gates v.tr. To shape into folds or parallel and alternating ridges and grooves. v.intr. box-maker Marfred Industries has acquired RICO RICO n. . Packaging Materials for an undisclosed amount. El Cajon-based RICO will become the San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. division for the company and will continue to operate with its existing staff, said Marvin Fenster, Marfred president 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. . "The acquisition of RICO, coupled with our existing manufacturing, design skills and enhanced product line will establish Marfred's RICO division as a major competitive force in San Diego," Fenster said. RICO manufactures corrugated boxes along with packaging and shipping supplies for mostly the San Diego market. The company's move marks the first time it has acquired another box maker. Marfred operates primarily out of its Sun Valley headquarters where it makes packaging and corrugated boxes for a variety of products including computers, home appliances, consumer electronics and auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
The firm also operates distribution facilities in Las Vegas, Lakeview Terrace, Pacoima and North Hollywood, which serve customers throughout the West Coast and the Midwest. |
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