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Huhtamaki Van Leer said it intended to finance the acquisition of Packaging Resources with cash derived from the pending sale of its industrial package division.
Additionally, it intimated it would lower the number of districts and regions in its U.S. small package division.
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Mr. Hall, 41, the head of the union's 220,000-member small-package division, is planning to begin his candidacy at a rally on Sunday at his local union hall in Charleston, W. Va., those union members said.
Mr. Carey appointed Mr. Hall to be director of the union's 200,000-member small-package division, and in that role Mr. Hall, a 41-year-old West Virginian, was Mr. Carey's right-hand man throughout the strike last August by 185,000 U.P.S. workers.
Recently, Rank Group has bought SIG, a Swiss food-packaging company, and the food-packaging division of Alcoa, which included Reynolds.
Last year, JPMorgan Partners invested $200 million as part of a group that acquired the packaging division of the Huntsman Corporation.
Or so it seemed to Richard Long when the liquids-packaging division of a paper-company client of his ad agency created a mascot named Rudy the Raccoon.
From 500 employees in communist times, the company – which also has a packaging division – now has 2,000 workers, 400 of them in the music division that a decade ago employed just 50 people.
* Manville Forest Products Corp., W. Monroe, La., a subsidiary of Manville Corp., named Gary W. Pichon executive vice president of its packaging division and Octavio Orta vice president of its international division.
Royal KNP N.V. of the Netherlands said yesterday that it had sold its packaging division for 3.4 billion guilders ($1.7 billion) in cash to two European venture-capital companies, Cinven Ltd. and CVC Capital Partners B.V., which plan to seek a separate stock listing for the business, to be called Kappa Packaging.
The company sold its African operations and will soon shed a pharmaceutical-packaging division.
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