Industry News, Mergers and Acquisitions, Printers News

CCL Industries Invests in Rheinfelden Americas

A new supplier of aluminum slugs for aerosol cans

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. announced that it will invest in a new plant to produce aluminum slugs used in the impact extrusion process to make aerosol cans, tubes and bottles for consumer packaged goods companies. The facility in Clinton, NC, will be jointly owned by CCL and Rheinfelden Semis GmbH, a leading European producer of aluminum slugs based in Germany.   The partners will initially invest approximately $18 million financed by $4.5 million in equity between them and the balance in debt, to cr...

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