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BPI PACKAGING TECHNOLOGIES, INC. ANNOUNCES NATIONWIDE DISTRIBUTION AGREEMENT

 NORTH DIGHTON, Mass., Aug. 18 /PRNewswire/ -- BPI Packaging Technologies, Inc. ("BPI") (NASDAQ-NMS: BPIE (common); NASDAQ: BPIEP (preferred); BPIEW (A-warrants), BPIEZ (B-warrants)), today announced that it has entered into an agreement with Bunzl Distribution USA, Inc.
 Dennis N. Caulfield, president and chief executive officer, stated, "BPI has entered into an agreement with Bunzl Distribution USA, Inc. ("Bunzl USA"), a wholly owned subsidiary of Bunzl plc ("Bunzl") for the distribution of BPI's FRESH-SAC (TM) T-shirt sack produce bag and HANDI-SAC(TM) T-shirt sack products. Bunzl is an international company with 1992 revenues of approximately $1.9 billion. Bunzl USA (paper and plastics disposables) had 1992 revenues of approximately $831 million, and is a nationwide distributor of supplies to the supermarket industry with 48 warehouses."
 Mr. Caulfield concluded, "The agreement with Bunzl USA will provide the FRESH-SAC(TM) and HANDI-SAC(TM) products access to a national distribution network. The company's FRESH-SAC(TM) T-shirt sack produce bag is now sold to 52 supermarket chains with 1,593 supermarkets and the recently introduced HANDI-SAC(TM) T-shirt sack is now sold to eight convenience store and drug store chains with 287 stores. It is anticipated that the agreement with Bunzl USA will further increase the market penetration of BPI's proprietary FRESH-SAC(TM) and HANDI-SAC(TM) products."
 BPI Packaging Technologies, Inc. is a leading manufacturer of recycled, source-reduction and traditional plastic grocery and shopping bags, referred to as T-shirt sacks and plastic film.
 -0- 8/18/93
 /CONTACT: Dennis N. Caulfield, president of BPI Packaging Technologies, 508-824-8636, or John Swanson, 212-683-4890, of Swanson Communications, Inc./
 (BPIE)


CO: BPI Packaging Technologies, Inc. ST: Massachusetts IN: SU:

SM-LG -- NY046 -- 3971 08/18/93 14:22 EDT
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Publication:PR Newswire
Date:Aug 18, 1993
Words:277
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