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Norampac buys AIM assets.


NORAMPAC BUYS AIM ASSETS. Norampac Inc., Montreal, Quebec, Canada has completed the acquisition of assets Acquisition of assets

A merger or consolidation in which an acquirer purchases the selling firm's assets.
 of AIM 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.
 Container Corp., Lancaster, New York Lancaster, New York may refer to the following locations in Erie County, New York:
  • Lancaster (town), New York
  • Lancaster (village), New York (within the Town of Lancaster)
For other places named "Lancaster," go to Lancaster (disambiguation).
, USA. The move is in keeping with Norampac's development plan, designed to expand its presence in the northeastern United States. The 95,000-square-foot plant employs 128 people.

AIM Corrugated Container is the second U.S. acquisition for Norampac this year, bringing the total number of its corrugated products converting plants in the country to six. In addition to the Buffalo division and the new Lancaster plant, Norampac has divisions in Leominster, Massachusetts and Thompson, Connecticut, as well as in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 and Schenectady, New York.
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:1CANA
Date:Oct 1, 2004
Words:109
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