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TC Transcontinental agreed to sell its industrial packaging operations to Hood Packaging Corporation for US$95 million, subject to working capital adjustments. The Thomasville, North Carolina operations and 138 employees are transferred, and Hood also acquires the industrial packaging business of the Ontario, California plant.
“Hood Packaging is acquiring TC Transcontinental's Thomasville, North Carolina, packaging operations and building, and 138 employees are being transferred.”tctranscontinental.com
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