Pactiv Buys Newspring Industrial Corp.

Pactiv Corporation announced the purchase of Newspring Industrial Corp., a leading manufacturer of thin wall injection molded polypropylene products for use in the take-out, delicatessen, and foodservice markets.

Pactiv Corporation announced the purchase of Newspring Industrial Corp., a leading manufacturer of thin wall injection molded polypropylene products for use in the take-out, delicatessen, and foodservice markets. This acquisition will allow Pactiv to expand its position in the fast growing market for polypropylene products by adding thin wall injection molding technology to our product capabilities.