Novolex Expands Operations with American Twisting Acquisition
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Novolex Acquires American Twisting to Enhance Its Operations
Novolex is set to strengthen its production capabilities by acquiring its long-time supplier of twisted-paper handles.
American Twisting: A Century of Quality
American Twisting has been a reputable manufacturer of twisted-paper handles for over 100 years. Based in a flourishing community, the company has consistently provided high-quality products essential for the production of paper bags. This family-owned business is well-regarded for its commitment to quality and reliability in the packaging industry.
Strengthening Relationships
The recent acquisition by Novolex assures a continuous and dedicated supply of twisted handles, instrumental for meeting the needs of Novolex's diverse customer base. With American Twisting's longstanding history of supplying handles to Duro Bag operations, this move marks a significant step towards enhancing operational efficiencies.
Integration into Novolex's Family
Stan Bikulege, the Chairman and CEO of Novolex, expressed enthusiasm about this strategic addition. He stated, "American Twisting is an excellent addition to our company, and we welcome their skilled and committed team to the Novolex family. We believe that our established relationship will facilitate a seamless integration into our operations."
A Shared Vision
Tom Phelps, co-owner of American Twisting, shared similar sentiments, highlighting the benefits of joining a company with a proven track record of integrating independent businesses. He noted, "We're excited to be joining the Novolex family, which we know well given our long history of doing business together." This acquisition reflects a shared commitment to delivering top-notch materials and enhancing productivity.
About Novolex
Novolex is a prominent name in the packaging industry, advancing innovation and sustainability in packaging choices for various sectors. The company develops and manufactures an extensive range of packaging products that cater to foodservice, delivery, and industrial markets. With a vast network of more than 10,000 employees across 56 manufacturing facilities in North America and Europe, Novolex is committed to enhancing packaging solutions while investing in sustainable practices for the future.
Commitment to Sustainable Practices
In line with its dedication to sustainability, Novolex operates two advanced plastic film recycling centers, further emphasizing its commitment to environmental responsibility.
Frequently Asked Questions
What is the significance of Novolex acquiring American Twisting?
The acquisition enhances Novolex's operational capabilities by securing a reliable supply of twisted-paper handles essential for bag production.
How long has American Twisting been in operation?
American Twisting has been in business for over 100 years, providing quality twisted-paper handles used in paper bag manufacturing.
Who is the CEO of Novolex?
Stan Bikulege currently serves as the Chairman and CEO of Novolex.
What products does Novolex manufacture?
Novolex manufactures a wide array of packaging products tailored for the foodservice, delivery, and industrial markets.
How many employees does Novolex have?
Novolex employs over 10,000 individuals across its manufacturing facilities in North America and Europe.
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