Headlines

3M, Combi America and Siat Announce Joint Venture

October 9, 2000
/ Print / Reprints /
ShareMore
/ Text Size+
St. PAUL, Minn. — 3M, Siat S.p.A, and Combi America announced that pending final contract approval they will create a new packaging equipment resource through a joint venture called Combi Packaging Systems L.L.C.

The three packaging leaders will be co-owners of the new company. The joint venture is positioned to become a leading North American manufacturer of equipment used in automatic erecting, filling and sealing of corrugated boxes. High-volume corrugated-carton users will be able to access a complete line of packaging equipment, as well as soft goods such as tape and taping heads through established 3M distributor channels.

No employment changes are anticipated in any of the three companies. All employees of Combi America will become employees of Combi Packaging Systems LLC. The direction for the joint venture will come from the six members of the board of directors: Pete Ballos, president, Combi America; Janice Ballos, chief financial officer, Combi America; Jim Bauman, manufacturing director, 3M Packaging Systems Division; Mike Faust, packaging equipment business manager, 3M Packaging Systems; Peter Guella, chief executive officer of Siat; and Ulrich Joerg, president of International Packaging Equipment, a U.S. subsidiary of Siat.

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

In-Depth Features

These articles detail advantages and innovations for multiple end uses.

Podcasts

ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

THE MAGAZINE

Adhesives & Sealants Industry Magazine

ASI April 2014 cover

2014 April

Our April issue focuses on pressure-sensitive adhesives, including a preview of PSTC's 2014 Tape Summit, as well as converting/packaging and composites!

Table Of Contents Subscribe

THE ADHESIVES STORE

handbook-sealant-tech.gif
Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

asi1211p_Cover-DE.gifASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40  youtube_40pxlinkedin_40