Caraustar Industries has acquired Mayers Fibre Tube & Core, Winnipeg, Manitoba. Mayers manufactures construction tubes, waxed void tubes, paper cores, plastic test cyclinder molds, paper mailing tubes and metal end containers.
Michael J. Keough, president and CEO of Caraustar, said, "This acquisition was a logical next step in furthering our previously announced concrete column form alliance with Mayers in the southeast United States. This acquisition is expected to approximately double our profitable column form business. We are pleased with the expansion of our Canadian footprint and to demonstrate the disciplined growth our stakeholders expect. "