Prolamina Acquires Packaging Dynamics Business Unit
Harold Bevis, founder, chairman, and chief executive officer of Prolamina said, “This acquisition is good for both Prolamina and Packaging Dynamics. We are a specialist at this type of manufacturing and we will become even better. Likewise, Packaging Dynamics, through its Thilmany Papers business unit, is an expert at papermaking and we are entering into a supply agreement for a great source of quality papers. Prolamina will now become one of Packaging Dynamics’ largest customers. We are also upgrading the acquired machines to be state-of-the-art and then reinstalling them alongside our new machines. As a result of these changes, we will now have a great footprint in the Midwest for high-end flexible packaging production. In less than a year, Prolamina has created an innovative, low-cost competitive force in the industry for our targeted markets.”