Manufacturing Industry
Orange Plastics buys bag maker Joseph Edward.(Brief Article)
Plastics News, October, 2001 by Esposito, Frank
California bag maker Orange Plastics has extended its reach eastward with the acquisition of Joseph Edward Co., a bag manufacturer in Crittenden, Ky. ``The geographic advantage [in the deal] is huge,'' said Michael Becker, vice president of finance and administration for Compton-based Orange.
``California can be difficult to operate in for several aspects, including the cost of electricity.'' ``We wanted other areas to operate in,'' Becker added. ``We're now well-positioned for the Midwest, East Coast and South.'' Joseph Edward opened its 50,000-square-foot Crittenden plant in 1997 when it moved from Cincinnati, where the company was founded in 1994. The firm makes polyethylene-based bags for grocery and retail. Orange makes those same products, as well...
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