Bonset Latin America SA is building a new film plant near its headquarters in Montevideo.
The facility will be geared toward production of high-quality heat-shrinkable films.
Bonset is a unit of Bonset America Corp. in Browns Summit, N.C., which supplies copolyester shrink film in North America. According to a news release it issued Oct. 11, Bonset America also supplies PVC, glycol-modified PET and oriented polystyrene shrink film. It ranked No. 83 in Plastics News' most recent survey of North American film and sheet manufacturers, with estimated fiscal sales of about $50 million for the year ended March 31. It employs 123.