Sigma Plastics Group buys polyethylene stretch-film assets from Stalwart and Quantico

Sigma Plastics Group has acquired selected assets from the recently completed Midland, GA-based, state-of-the-art, cast polyethylene stretch-film operation of Stalwart Plastics, Inc., and Quantico Plastics Group, Inc. The deal brings the number of Sigma acquisitions to 41, and the number of global operations to 48.

The Midland operation produces industrial flexible packaging for use as pallet wrap largely by consumer brand owners. The Southeastern US location represents one of the most attractive in the country given its above-average growth rates. The operation will be Sigma’s 8th stretch-film manufacturing location, adding to plants in Riverside, CA; Tulsa, OK; Shelbyville, KY; Lyndhurst, NJ; Belleville, Canada; Karczew, Poland; and Bangkok, Thailand. The location will be renamed and marketed as Sigma Stretch Films of Georgia.

Stalwart Plastics, more widely known as Zummit Plastics, was being liquidated under a Chapter 7 bankruptcy.
more at: https://www.rolltoroll.org/industry-news-post?recordId=rec0emAWxuvaxvRIU

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