- December 01, 2010
NEW YORK, NY | Toyo Ink Intl. Corp., the holding company for the Americas operations of the Toyo Ink Group, announces a strategic realignment of its printing inks operations. Wholly owned subsidiary Toyo Ink America, Addison, IL, will absorb the packaging ink and polymers businesses of its sister subsidiary, Toyo Ink Technologies, and merge them with its existing commercial printing inks operation.
The acquisition includes Toyo Ink Technologies' production operations and its flexo inks and polymers manufacturing facility in Bryan, TX. When this is completed, Toyo Ink Technologies will be formally dissolved.
The Addison facility is expected to undergo a major site expansion that will double its size by the end of 2011.
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