Clear Lam Packaging Inc. sold its thermoforming division to D&W Fine Pack as it prepares to expand its flexible film, forming film and polymer divisions.
Both companies provide packaging for fresh-cut processors, retailers and foodservice operations.
The sale includes facilities in Elk Grove Village, Ill., where Clear Lam is based, as well as plants in Vernon, Calif. and Nanjing, China, according to a news release.
Officials with D&W, Fountain Inn, S.C., said in the release that their customers will benefit from the acquisition, which will diversify D&W’s product line. President Mark Staton said D&W customers are asking for more renewable packaging and the addition of the thermoforming operation is in response to those demands.
Clear Lam executives anticipate “explosive growth” in their polymer division, which along with their flexible and forming film divisions, accounted for 65% of Clear Lam revenues in 2011, according to the release.
Clear Lam’s president James Sanfilippo said in the release the company will continue to focus on developing new packaging that is lighter weight and made from renewable raw materials or recycled content whenever possible.
The emphasis on renewable materials produced from plant-based bioplastics is part of Clear Lam’s Project EarthClear program to replace petroleum-based plastics with biobased ingredients developed to reduce the introduction of fossil carbon into the atmosphere.