Pliant Modernizes and Expands Canadian Operations
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SCHAUMBURG, Ill., July 22 /PRNewswire/ -- Pliant today announced a
continuation of its capital investment program for its Canadian operations.
New investment approaching $3MM in 2008, when added to the $4.5MM invested in
2006 and 2007, is significantly improving Pliant's product offering for the
Canadian market.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080707/AQM022LOGO-a)
Similar to initiatives currently underway in Europe, Asia and Mexico,
Pliant has also initiated exciting new strategies to grow its market share in
Canada. With the recent addition of a new leadership team and more focus on
the needs of the Canadian marketplace, Pliant Canada will actively expand the
Company's market share for its industry-leading Meat and Food Wrap, Pallet
Wrap, Engineered Films, Personal Care, Medical and Printed products.
Tim French, Pliant's Managing Director for Canada said: "Pliant has the
most comprehensive offering of quality products available in Canada from a
single manufacturer." Tim re-joined Pliant in March 2008 from Snowbear, where
he was CEO, bringing 20 years of plastics industry experience, customer
relationships and knowledge of Canadian markets, sales channels and plastics
manufacturing processes.
Harold Bevis, Pliant's President and CEO, noted: "Pliant is firmly
committed to market leadership in Canada and has a long history of innovation.
Our program of continued capital investment combined with a re-energized
Canadian team will drive Pliant's ambitious growth plans."
With Canadian headquarters in Orillia, Ontario and existing manufacturing
facilities located in Orillia and Toronto, Ontario, Pliant will be actively
seeking strategic Canadian acquisitions, as well as expanding its current
sales force to better serve the domestic market.
Pliant Corporation, with sales in excess of one billion dollars worldwide,
including sales exceeding $110 million in Canada, is one of the largest
manufacturers of engineered packaging and specialty products in Canada and
North America.
Pliant Corporation is a leading producer of value-added film and flexible
packaging products for personal care, medical, food, industrial and
agricultural markets. The Company operates 21 manufacturing and research and
development facilities around the world, and employs approximately 2,900
people.
CONTACT:
Stephen T. Auburn
Vice President and General Counsel
Steve.auburn@pliantcorp.com
Phone: 847-969-3319
Company Web Site: http://www.pliantcorp.com
SOURCE Pliant
Stephen T. Auburn, Vice President and General Counsel of Pliant,
+1-847-969-3319, Steve.auburn@pliantcorp.com
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