Reynolds buys Trans Western's US trash bag business

By Michael Lauzon
Correspondent

Published: November 6, 2013 4:53 pm ET
Updated: November 6, 2013 4:55 pm ET

Related to this story

Topics Mergers & Acquisitions, Film & Sheet, Extrusion, Trash bags

Reynolds Consumer Products has expanded its trash bag stake with the acquisition of the U.S. operations of Trans Western Polymers Inc. of Livermore, Calif.

Reynolds said it will combine the purchased business with its Presto Products subsidiary, thereby expanding its private-label trash bag operations. Trans Western runs a bag plant in Tamaqua, Pa.

Trans Western operations in China were not indicated to be part of the deal announced Nov. 5.

Reynolds stated in a news release that the combination will leverage scale, balance manufacturing footprint, improve distribution efficiencies and expand production capacity. Both businesses make private-brand trash bags for national retailers.

Presto also makes private-label food bags, disposable containers, closures, soil stabilization products and specialty stretch films. The Reynolds subsidiary is based in Appleton, Wis. Reynolds’ headquarters are in Lake Forest, Ill. Its consumer brands include Hefty bags.

“There is value in joining our very complementary platforms and product capabilities,” noted Presto President Rita Cox in a news release.

Trans Western makes and distributes bags for mass merchandisers, grocery and drug chains and dollar store channels. It was established in 1983.

Reynolds declined to comment beyond its news release. Trans Western officials were not available for an interview.


Comments

Reynolds buys Trans Western's US trash bag business

By Michael Lauzon
Correspondent

Published: November 6, 2013 4:53 pm ET
Updated: November 6, 2013 4:55 pm ET

Post Your Comments


Back to story


More stories

Image

China's biggest fuel tank maker getting a US foothold

April 23, 2014 4:41 pm ET

The majority owner of China's biggest fuel tank maker is expanding its global automotive footprint with the acquisition of the fuel tank unit of...    More

Image

China's Shide Group, BASF unveil 'revolutionary' all-plastic window profile

April 23, 2014 9:10 pm ET

SHANGHAI — The PVC window profile market in Asia is expected to increase four-fold by 2025, and Chinese building products maker Dalian Shide...    More

Image

How CEO Santi is changing ITW

April 23, 2014 2:48 pm ET

Scott Santi is showing he can do more than just cut costs at Illinois Tool Works Inc.    More

Quality Vision buys ShapeGrabber

April 23, 2014 10:19 am ET

Quality Vision International Inc. of Rochester, N.Y., has purchased ShapeGrabber Inc., a maker of automated three-dimensional scanners, in a deal...    More

Image

Pregis Corp. to get new owner

April 22, 2014 11:44 am ET

The private equity owner of Pregis Corp. is selling off its North American operations for an undisclosed sum.    More

Market Reports

Market Data Book - Rankings & Lists

A one-stop download of Plastic News' exclusive annual lists and processor rankings containing essential data including sales, employees, end markets, materials and more.
EXCLUSIVE EXCEL FEATURE: full mailing address details for available plant locations.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Mold Making and Tooling Review and Outlook 2014 North America

This report provides in-depth analysis of the mold and toolmaking market for North America, including discussions of trends, opportunities, threats, the latest developments in production and labor and equipment trends impacting moldmakers.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events