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Consolidated Container Company Acquires the Assets of Quintex Corporation in Spokane
November 1, 2006, Consolidated Container Company (CCC) completed the purchase of
the assets of Quintex Corporation (Spokane, Washington). CCC announced in July
the acquisition of the assets of Quintex Corporation (Utah). The Spokane plant
will be the 58th manufacturing site for CCC.
According to Jeffrey M. Greene, President and Chief Executive Officer of CCC,
"The acquisition of the Quintex Spokane assets provides us a platform that fills
a geographic hole in the Pacific Northwest for CCC and is a great add-on to our
company."
Consolidated Container Company, which was formed in 1999, is a leading North
American developer, manufacturer and marketer of rigid plastic containers for
many of the largest branded consumer products and beverage companies in the
world. CCC has long-term customer relationships with many blue-chip companies
including Dean Foods, DS Waters of America, The Kroger Company, Nestle Waters
North America, The Procter & Gamble Company, Exxon Mobil, Scotts and Colgate-
Palmolive. CCC serves its customers with a wide range of manufacturing
capabilities and services through a nationwide network of 55 strategically
located manufacturing facilities and a research, development and engineering
center located in Atlanta, Georgia. Additionally, the company has 3
international manufacturing facilities in Canada and Mexico.
This document may contain statements that constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995. All
statements other than statements of historical fact are statements that could be
deemed forward-looking statements. Such forward-looking statements, particularly
those statements regarding the timing and effects of the acquisition, reflect
CCC's current expectations and beliefs, are not guarantees of performance of CCC
and are subject to a number of risks, uncertainties, assumptions and other
factors that could cause actual results to differ materially from those
described in the forward-looking statements. For example, such risks,
uncertainties, assumptions and other factors include, without limitation, the
possibility that (1) problems may arise in successfully integrating the
businesses of the two companies; (2) the acquisition may involve unexpected
costs; and (3) the combined company may be unable to achieve cost-cutting
synergies. For a further discussion of other risks, uncertainties, assumptions
and other factors, see CCC's filings with the Securities and Exchange
Commission. CCC undertakes no duty to update forward-looking statements.
Contact: Cindy Wahl, 678-742-4615
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