UFP purchase is groundwork for expansion.(UFP Technologies Inc. acquired Stephen Packaging Corp.)

Plastics News, September, 2006 by DeRosa, Angie

Byline: Angie DeRosa With its acquisition of Miami custom foam packaging fabricator Stephen Packaging Corp. under its belt, UFP Technologies Inc. of Georgetown, Mass., is on the hunt again. The publicly held company designs and manufactures interior protective packaging using molded fiber, vacuum forming and molded and fabricated foam plastic.

Its end markets include automotive, computers, electronics, medical, aerospace and defense, consumer and industrial. In an Aug. 25 telephone interview, Ron Lataille, UFP's vice president and chief financial officer, said the company went through a period during the U.S. recession when it wasn't active with acquisitions. "We're seeking acquisitions of all types, whether it's growing us in a new technology or new...

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