VPI MERGES MIRREX WITH SHEET UNIT

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SHEBOYGAN FALLS, WIS. — Vinyl Plastics Inc. has begun integrating American Mirrex Corp. operations into its own after completing the Mirrex acquisition on March 14.

VPI will include Mirrex's Delaware City, Del., operation in its Sheet Products Division, headquartered in Sheboygan Falls. The division makes custom sheet for food, medical and pharmaceutical packaging, blister packs and graphic arts uses.

The 180,000-square-foot Delaware City facility calenders rigid vinyl films, and will expand the sheet division's sales to more than $100 million annually, VPI said in an April 3 news release.

The former Mirrex plant in Salisbury, Md., introduces VPI to new product lines and will become the fifth operating division of VPI as its Film and Converting Division. The 115,000-square-foot plant calenders and converts PVC and ABS films for decorative applications. Its processes include printing, coating, laminating and embossing.

P. Gregory Mickelson will become the Film and Converting Division's vice president and general manager. He will continue to be vice president and general manager of VPI's Contract Manufacturing Division in Manitowoc, Wis.

VPI had sales of about $100 million last year, while Mirrex's sales were roughly $110 million. The combination boosts VPI's employment to nearly 900.

The firm's other divisions are floor products and medical products, both based in Sheboygan. VPI entered medical products markets in April 1996 when it bought Complex Medical Products Inc. of New Hampshire.

VPI estimated that Mirrex's Delaware City plant accounts for about 20 percent of North American rigid vinyl film capacity. The operation holds about a quarter of the vinyl film pharmaceutical packaging market, VPI claimed.