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Acquisition strengthens corporate’s place because the well-known supplier of thermal point-of-sale paper merchandise within the U.S.
FORT MILL, S.C., Nov. 4, 2024 /PRNewswire/ – Domtar Company as of late introduced the a hit acquisition of Iconex Paper from Atlas Holdings. Iconex Paper converts thermal paper father or mother rolls into point-of-sale (POS) receipt rolls, serving consumers in industries equivalent to meals provider, retail, pharmacy and fiscal products and services from its 5 North American places in Arizona, Kansas, Tennessee, Virginia and Mexico.
“Receipt products used by consumers every day — such as ATM, gas pump, food service and retail receipts — begin with thermal paper manufactured at Domtar’s West Carrollton, Ohio, facility,” says Steve Henry, Domtar’s president of Paper and Packaging. “With this acquisition, we’re well positioned to ensure customers experience the operational and supply chain excellence that comes from a fully integrated North American receipt paper business.”
“This strategic acquisition demonstrates our commitment as an advocate for paper-based products and the paper industry’s long-term sustainability,” Henry stated. “We are delighted to welcome Iconex Paper to the Domtar family, and we look forward to jointly strengthening the point-of-sale paper business.”
Mike Rapier, president of Iconex Paper, will proceed to manage the industry and report back to Domtar’s senior control.
“All of us at Iconex Paper recognize it’s an exciting time at Domtar, and we’re pleased to be a part of the growth of the business,” Rapier stated. “We’re confident this next chapter with Domtar will enable us to develop new opportunities in the paper receipt production industry and provide greater solutions for our customers.”
About Domtar
Domtar is a well-known, privately held producer of various woodland merchandise, with a team of workers of kind of 14,000 staff in additional than 60 places throughout North The united states. The corporate has an annual capability of 9.1 million metric heaps of pulp, paper, packaging and tissue every year, and has an annual manufacturing capability of about 3 billion board ft of lumber and alternative plank merchandise. Previously referred to as the Paper Excellence Team, Domtar is made from legacy companies Paper Excellence Canada Holdings Company, Domtar Company and Resolute Jungle Merchandise.
Domtar prides itself on operational excellence, handing over sustainable, top of the range and cost-effective merchandise to fulfill and exceed buyer wishes globally. The corporate is dedicated to turning sustainable plank fiber into on a regular basis very important merchandise. Domtar’s important government place of work is situated in Castle Mill, South Carolina. For more info, consult with www.domtar.com.
About Iconex Paper
Iconex Paper is the sector’s well-known cheap supplier of paper receipt answers that become industry processes to power profitability, productiveness, buyer pleasure and sustainability. A practice of innovation relationship again to 1887 is woven into the material of the Iconex Paper id, starting with the corporate’s invention of the paper receipt, which revolutionized industry transactions. For more info, consult with www.iconex.com.
SOURCE Domtar
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