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BWAY Acquires Metal Packaging Facility
ATLANTA, March 27, 2017 /PRNewswire via COMTEX/ -- Copyright (C) 2017 PR Newswire. All rights reserved

BWAY Corporation, a Stone Canyon Industries, LLC company and leading North American manufacturer of rigid metal and plastic containers, announced today that it completed the acquisition of the assets, and certain liabilities, of Ball Corporation's metal packaging business located in Hubbard, OH. The facility produces certain general line, household products and specialty metal containers.

Ken Roessler, BWAY's President and Chief Executive Officer, stated: "This business is an excellent fit with the Company's core market, add-on acquisition strategy. In addition to sales growth, this acquisition provides added capacity to enable us to better serve our customers on a national basis."

About BWAY:

The Company (www.bwaycorp.com) is a leading North American supplier of general line rigid containers. The Company operates 25 plants throughout the United States and Canada serving industry leading customers on a national basis. BWAY's rigid metal containers include paint cans, steel pails, aerosol cans, F-style containers, monotop cans, pour top cans, ammunition boxes and an oil can. The Company also manufactures rigid plastic packaging including pails, drums, and hybrid paint cans. Approximately 75 percent of BWAY's business comprises general line packaging used by industrial manufacturers, roughly 20 percent is allocated to food products, and the remaining 5 percent is the production of ammunition boxes.

About Stone Canyon Industries:

Stone Canyon Industries, LLC (www.stonecanyonllc.com) is a global industrial holding company based in Los Angeles, California with subsidiaries involved in consumer & retail, food & ingredients, industrial, technology & business services and transportation. The company focuses on acquiring market-leading companies with strong management teams in highly defensible industries around the world.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/bway-acquires-metal-packaging-facility-300429382.html

SOURCE BWAY Corporation

https://rt.prnewswire.com/rt.gif?NewsItemId=LA45973&Transmission_Id=201703270915PR_NEWS_USPR_____LA45973&DateId=20170327


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