United States – In the USA, Novolex has acquired Wisconsin Film & Bag (WF&B), which operates a converting plant and a plastics recycling plant near Shawano. As a result, the Novolex group now boasts annual revenues of US$ 2 billion, more than 5200 employees and 37 manufacturing locations in North America, including two recycling facilities.
Headquartered in Hartsville, South Carolina, Novolex’s brands include Hilex Poly, Fortune Plastics, Novolex Custom Film & Bag, Duro Bag, Bagcraft, De Luxe, Pac Paper, General Packaging and International Converter.
Stan Bikulege, chairman and ceo of Novolex, says of the latest acquisition: ‘This is important to us because it will further enhance our high-quality packaging choices for customers while advancing our position as the industry leader in sustainability. It’s a great fit for Novolex.’
WF&B was founded in 1972 and has won several prestigious awards and recognition in recent years for innovation and expertise in the recovery and recycling of post-industrial and post-consumer plastics packaging.