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Intertape Polymer Group Inc. acquired substantially all operating assets of Maiweave LLC, a U.S. manufacturer of engineered coated polyolefin fabrics, for US$21 million. Maiweave has two manufacturing facilities in Springfield, Ohio and employs approximately 75 people.
“This acquisition is expected to provide us with an opportunity to consolidate a US-based engineered coated products manufacturer and expand the scale of our woven products offering.”canplastics.com
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