Norampac Inc., through its wholly owned subsidiary Norampac Holding US Inc., entered into an agreement to acquire Star Corrugated Box Co. Inc.
Star operates a corrugated products converting plant in Maspeth, N.Y. The plant has an annual production rate of more than one billion square feet.
Star will continue to be managed by existing management
With the acquisition of Star, Norampac integration will increase by approximately 4 percent.
The transaction is expected to close on or about November 12.
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