Ice River acquires Arrowhead Water

Published: January 18, 2013 2:55 pm ET
Updated: January 18, 2013 2:57 pm ET

Related to this story

Topics Consumer Products, Blow Molding

SHELBURNE, ONTARIO — Bottled-water firm Ice River Springs Water Co. Inc. has purchased Arrowhead Water Products Ltd. for $1.65 million.

The deal is expected to close Feb. 15, following approval of Arrowhead's shareholders.

Based in Calgary, Alberta, Arrowhead specializes in 15-liter PET water bottles for retailers in western Canada. In November, Arrowhead outsourced all of its bottling operations to Ice River.

In the company's 2011 annual statement, Arrowhead said it posted sales of $4.6 million and accumulated losses of $4.8 million.

Ice River, based in Shelburne, blow molds bottles ranging in size from 7½ ounces to 5 gallons, and offers filling, capping and labeling.

The firm operates 10 facilities in the U.S. and Canada, including a PET recycling plant in Shelburne.


Comments

Ice River acquires Arrowhead Water

Published: January 18, 2013 2:55 pm ET
Updated: January 18, 2013 2:57 pm ET

Post Your Comments


Back to story


More stories

Image

US plastics machinery market still gaining strength in second quarter

September 15, 2014 5:01 pm ET

U.S. plastics machinery shipments in the second quarter continued to outperform activity in 2013, according to data from Society of the Plastics...    More

Image

Toy supplier sues maker in reshoring fight

September 15, 2014 3:18 pm ET

An Arkansas toy supplier is suing a Taiwan-based manufacturer for breach of contract and other civil allegations in a legal dispute that not only...    More

Image

Primex finds success among diverse product offerings

September 15, 2014 3:09 pm ET

What was once a run-down stretch of road in Richmond, Ind., has given way to building after building of extrusion machinery at Primex Plastics Corp....    More

Image

Primex names new tech center after John Farber, a steady supporter

September 15, 2014 3:00 pm ET

RICHMOND, IND. — John J. Farber was there when Primex Plastics Corp. was founded in 1965. And he has been a steady source of...    More

Image

Here's a peek behind our 2014 film & sheet ranking

September 15, 2014 1:22 pm ET

Today Plastics News publishes its annual ranking of North American Film and Sheet Manufacturers. Let's look at some interesting numbers behind the ran...    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events