directory sites press Submit Site Submit Press Release
Mechanical Web Directory - Company Listing of Manufacturers, Distributors, Wholesalers, Trading Companies, Agents, Importers, Exporters
ITW Acquires Hwa Meir Packing
20th September, 2007

Illinois Tool Works Inc. (NYSE: ITW) today announced that it has acquired the assets of Hwa Meir Packing Daily Commodities Co. Ltd., a manufacturer of air-evacuable storage bags. Located in the Guangdong province of China, Hwa Meir will be a wholly owned business unit of ITW and part of the company's existing Minigrip/Zip-Pak/Space-Bag worldwide plastic packaging group. Terms of the transaction were not disclosed.

"As a supplier to ITW Space Bag, the market leader in air-evacuable bags, Hwa Meir fits well into our portfolio of businesses," said John Stevens, vice president and general manager of ITW Space Bag, Minigrip, and Bagco. "Additionally, the acquisition of Hwa Meir helps us expand our growing presence in Asia."

Hwa Meir manufactures special, primarily patented, air-evacuable bags and containers for reduced-space, home/travel storage, and organization. Hwa Meir exports its products into North America, Europe, and Pacific Rim countries.

ITW is a $14.1 billion in revenues diversified manufacturer of highly engineered components and industrial systems and consumables. The company consists of approximately 750 business units in 49 countries and employs some 55,000 people.

Release link:
Tags:  Illinois - Diversified - Manufacturer

Home | Contact Us | Privacy Notice | Submit Site | Submit Press Release

MechDir pages are for informational purposes to those seeking mechanical suppliers/retailers/wholesalers/manufacturers/providers/contractors of or information about mechanical products and/or services. Inclusion of a company or organization in the site does not imply any recommendation. © 2004-2018 MechDir. All Rights Reserved.