Manufacturing Industry
Silgan buys Canadian blow molder.(Silgan Holdings Inc. acquired Cousins-Currie Ltd.)(Brief article)
Plastics News, January, 2007 by Bregar, Bill
Byline: Bill Bregar Silgan Holdings Inc. has paid US$42.5 million to buy Canadian extrusion blow molder Cousins-Currie Ltd., as Silgan expands into larger containers. Cousins-Currie generated sales of about US$48.4 million in 2006 from two plants in Woodbridge, Ontario, near Toronto. The company molds custom-designed bottles in sizes of 2-30 liters, for the agricultural, institutional food, lawn and garden, detergent and industrial markets in Canada and the United States.
The company runs 35 blow molding machines and employs 260, according to its Web site. Silgan, based in Stamford, Conn., and traded on Nasdaq, generated 2005 sales of US$2.5 billion from 66 plants in the U.S., Canada and Europe. Silgan claims to be the largest supplier of steel and...
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