Wise Opens South Carolina Label Plant Wise has opened a new production and ware- housing location in Anderson, South Carolina. The new Southeast location offers 36,000 square feet of production and warehouse space. The ex- pansion was necessary to accommodate the compa- ny’s growth in the tag and label market, according to Wise. The new plant offers up to 10-color production and full finishing capabilities. In addition to the Anderson plant, Wise operates four other production locations, including Alpharet- ta, Georgia; Ft. Wayne, Indiana; Portland, Maine; and Butler, Pennsylvania. UK Packager Duraweld Acquires Prima Duraweld, Scarborough, UK, has acquired Prima in Bradford, which also provides packaging solutions. Duraweld has acquired the business and assets of Prima for an undisclosed sum. Founded in 1959, Duraweld designs and manufac- tures a wide range of packaging products, working across sectors such as healthcare and retail. The company employs around 50 people.
Prima’s products include printed and plain folding cartons, corrugated cartons and point-of-sale fold- ers and pockets, through to ring binders, PVC pock- ets and paper over-board boxes and folders. Domtar Cleared For Resolute Forest Acquisition The Canadian Competition Bureau has approved Domtar’s acquisition of Resolute Forest Products in a deal worth $2.7 billion. The transaction is expected to be concluded in the first half of the year. Under the agreement, Resolute will become a wholly owned subsidiary of Domtar. The two com- panies will continue to operate independently un- der their own names. The bureau had raised concerns that the acquisi- tion would create too much concentration in cer- tain product types in eastern and central Canada, and said that the transaction could create a monop- sony; as a result, Domtar confirmed it will sell its pulp mill in Dryden, Ontario, as well as its pulp and paper mill in Thunder Bay, which the bureau said is sufficient to address the situation. In 2023, Domtar celebrates its 175th year of man- ufacturing.
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6 January 16, 2023
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