Sonoco announced it has acquired the assets of D&W Paper Tubes, Inc., a Chatsworth, GA-based manufacturer of sustainable industrial paper tubes and cores. Founded in 2000, D&W is a family-owned company that produces 100-pe rcent recycled paperboard convolute tubes, spiral-wound cores and yarn tubes primarily serving the carpet and textile industry from operations at its Chatsworth facility. The company expects to produce approximately $18 million in sales in 2021. “D&W is complementary to our Industrial Paper Packaging segment and further strengthens our position serving the carpet and textile market in Northeast Georgia. In addition to acquiring an attractive book of business, we expect to drive meaningful business synergies from our integrated industrial products operations in the Southeast,” said Howard Coker, Sonoco President and Chief Executive Officer.
Monadnock Paper Mills, Inc. has entered into an exclusive licensing agreement with HS Manufacturing Group, LLC (HSMG) for the use of their proprietary HS SILVA™ plant-based coating and additive chemistry.
The functional characteristics afforded by HS SILVA™, combined with well-formed fiber-based substrates, result in products with oil and grease-resistant properties and/or significantly improved water resistance for applications like outdoor signage, horticultural labels and tags. While having improved durability these substrates will be 100 percent recyclable, 100 percent biodegradable and 100 percent compostable.
“We’ve partnered with HSMG over the last several years and have successfully used their unique chemistry to produce uncoated and coated paper products in a wide variety of applications.” said Paul Ciccone, Vice President of Research and Development for Monadnock. “We can create paper based products tailored to meet your needs while meeting the market requirements of recyclability and biodegradability.”
“Monadnock is a leader in crafting high performance, cost effective and environmentally advanced products across a broad range of applications” says Samuel Mikail, Chairman of HS Manufacturing Group. “With their innovative culture, Monadnock is helping us achieve our goal of taking HS Manufacturing Group to the forefront of the sustainable packaging industry.”