Multi-Plastics to Purchase Extrusion Facilities

LEWIS CENTER, Ohio—Multi-Plastics, Inc. is in advanced negotiations to purchase the Reynolds Packaging KAMA Hazleton, Pa. and Avenel, N.J. extrusion facilities from Reynolds Packaging, Lincolnshire, Ill. Financial terms of the deal were not disclosed. The closing and transition expected to take place by the end of October, at which point this division will be known as Multi-Plastics Extrusions, Inc.