CCC closes purchase of Steel Valley Plastics
Canadian Plastics
Canadian PlasticsAtlanta, Ga.-based Consolidated Container Company (CCC) announced the completion of its acquisition of Steel Valley...
Atlanta, Ga.-based Consolidated Container Company (CCC) announced the completion of its acquisition of Steel Valley Plastics of Warren, Ohio, a manufacturer of three- and five-gallon polycarbonate water bottles. Terms of the acquisition were not disclosed.
Concurrently, CCC announced its intention to wind down operations in its polycarbonate manufacturing facility in Leetsdale, Pa. immediately, with the goal of closing the facility in mid-February. CCC also announced that it will be expanding the new Warren, Ohio plant, adding two more manufacturing lines, a significant amount of support equipment and increasing the size of the Warren facility. The expanded plant will employ 25-30 people.