SPG awarded $30m P&G contract. (Toothpaste Business).(Specialized Packaging Group and Procter & Gamble sign contract, awarding SPG large portion of P&G's toothpaste folding carton business)(Brief Article)
Official Board Markets, May, 2003
Specialized Packaging Group (SPG), Hamden, Conn., and Procter & Gamble, Cincinnati, have signed a new three-year contract valued at more than $30 million. The deal awards SPG a large portion of Procter & Gamble's Crest toothpaste folding carton business. "Procter & Gamble is a strategic customer for us," SPG's President and CEO Carlton Highsmith says.
"This represents an important further expansion of our business relationship with P&G. We will leverage our most recent acquisition of the Focus Packaging printing and converting assets in Greensboro, N.C., to supply the Crest cartons to the local P&G Greensboro healthcare manufacturing plant." Producer Price Indexes - 1982= 100 Year Dec. Jan. ...
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