American Tissue Inc. announced that they and certain of their affiliates purchased the assets of CST/Star Inc., reportedly the largest independent forms producer in the United States and a distributor of branded and private label paper based office products with eight plants located throughout the country. CST/Star had sales of $160 million in 1999.
Mehdi Gabayzadeh, president and CEO of American Tissue, said that the continued vertical integration of the company's printing and writing paper business has been part of the agenda since the acquisition of the Berlin-Gorham mills in July 1999 and the start up of the Company's affiliate, American Paper Mills of Vermont, this past December.
Explore the May 2000 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- P+PB adds new board members
- BlueScope, BHP & Rio Tinto select site for electric smelting furnace pilot plant
- Magnomer joins Canada Plastics Pact
- Out of touch with reality
- Electra names new CFO
- WM of Pennsylvania awarded RNG vehicle funding
- Nucor receives West Virginia funding assist
- Ferrous market ends 2024 in familiar rut
