{"id":10201,"date":"2021-10-04T19:37:09","date_gmt":"2021-10-05T00:37:09","guid":{"rendered":"https:\/\/www.framingham.com\/news\/?p=10201"},"modified":"2021-10-10T20:26:29","modified_gmt":"2021-10-11T01:26:29","slug":"corporate-parent-of-former-dennison-mfg-co-announces-new-mexican-acquisition","status":"publish","type":"post","link":"https:\/\/www.framingham.com\/news\/2021\/10\/04\/business\/corporate-parent-of-former-dennison-mfg-co-announces-new-mexican-acquisition\/","title":{"rendered":"Corporate Parent of Former Dennison Mfg. Co. Announces New Mexican Acquisition"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/framingham.com\/history\/notes\/dennison.htm\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.framingham.com\/news\/wp-content\/uploads\/2021\/10\/dennison-labels_001.jpg\" alt=\"Dennison Mfg. Gummed Label box\" class=\"wp-image-10202\" width=\"323\" height=\"161\" srcset=\"https:\/\/www.framingham.com\/news\/wp-content\/uploads\/2021\/10\/dennison-labels_001.jpg 458w, https:\/\/www.framingham.com\/news\/wp-content\/uploads\/2021\/10\/dennison-labels_001-300x149.jpg 300w, https:\/\/www.framingham.com\/news\/wp-content\/uploads\/2021\/10\/dennison-labels_001-150x75.jpg 150w\" sizes=\"auto, (max-width: 323px) 100vw, 323px\" \/><\/a><figcaption>Box of <a href=\"https:\/\/framingham.com\/history\/notes\/dennison.htm\" data-type=\"URL\">Dennison Manufacturing Company<\/a> Gummed Labels made in Framingham, MA (USA).<\/figcaption><\/figure><\/div>\n\n\n\n<p><strong>FRAMINGHAM, MA<\/strong> -- CCL Industries Inc., (<a href=\"https:\/\/www.otcmarkets.com\/stock\/CCDBF\/quote\" data-type=\"URL\" data-id=\"https:\/\/www.otcmarkets.com\/stock\/CCDBF\/quote\" target=\"_blank\" rel=\"noreferrer noopener\">OTC:CCDBF<\/a>), a world leader in label and packaging solutions with corporate offices in Toronto Canada and Framingham, MA USA announced it has signed a binding agreement to acquire<strong> Desarrollo e Investigaci\u00f3n S.A. de C.V<\/strong>. and <strong>Fuzetouch PTE LTD<\/strong> (collectively called \u201cD&amp;F\u201d). a company is headquartered in San Luis Potosi, Mexico.<\/p>\n\n\n\n<p>CCL previously acquired parts of Avery Dennison's businesses in 2013. The Avery Dennison brand was formed as a 1990 merger of Avery,<em> (who's founder Ray Stanton \u201cStan\u201d Avery invented the world\u2019s first self-adhesive label)<\/em>, and Framingham based Dennison Manufacturing Company which, for much of the twentieth century was one of the town's largest employers.<\/p>\n\n\n\n<!--more-->\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.framingham.com\/news\/wp-content\/uploads\/2021\/10\/1921_dennison-works-framingham.jpg\" alt=\"\" class=\"wp-image-10209\" width=\"597\" height=\"277\" srcset=\"https:\/\/www.framingham.com\/news\/wp-content\/uploads\/2021\/10\/1921_dennison-works-framingham.jpg 1024w, https:\/\/www.framingham.com\/news\/wp-content\/uploads\/2021\/10\/1921_dennison-works-framingham-300x139.jpg 300w, https:\/\/www.framingham.com\/news\/wp-content\/uploads\/2021\/10\/1921_dennison-works-framingham-150x70.jpg 150w, https:\/\/www.framingham.com\/news\/wp-content\/uploads\/2021\/10\/1921_dennison-works-framingham-768x357.jpg 768w\" sizes=\"auto, (max-width: 597px) 100vw, 597px\" \/><\/figure><\/div>\n\n\n\n<p>CCL's newly announced D&amp;F acquisition adds the leading supplier of graphic interface control panels and assemblies in the consumer electronics and medical markets in north America.<\/p>\n\n\n\n<p>Closing is planned before the end of the year, the new business will then trade as CCL Design.<\/p>\n\n\n\n<p>Geoffrey T. Martin, President and Chief Executive Officer of CCL Industries Inc., commented, \u201c<em>We are pleased to expand our highly successful CCL Design operations, adding important new capabilities: technical screen printing, printed electronics including design &amp; assembly, adhesive &amp; functional coating and in-mold decoration. We welcome the entire D&amp;F team to the CCL Design global network.<\/em>\u201d<\/p>\n\n\n\n<p>D&amp;F's assets include an equity interest in a related \"<em>maquiladora<\/em>\", <em>(which is a factory in Mexico run by a foreign company that exports its products to the foreign company's country).<\/em><\/p>\n\n\n\n<p>CCL Industries Inc. employs approximately 22,200 people operating 191 production facilities in 43 countries with corporate offices in Toronto, Canada, and Framingham, MA (USA).  CCL operates as four reporting divisions; Avery, <em>(labels and software)<\/em>, Checkpoint<em> (RFID security labels\/tags)<\/em>, Innovia <em>(surface engineered films)<\/em>. and CCL Design, (design \/ manufacture packaging).  <\/p>\n\n\n\n<p class=\"has-text-align-center\">###<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FRAMINGHAM, MA &#8212; CCL Industries Inc., (OTC:CCDBF), a world leader in label and packaging solutions with corporate offices in Toronto Canada and Framingham, MA USA announced it has signed a binding agreement to acquire Desarrollo e Investigaci\u00f3n S.A. de C.V. and Fuzetouch PTE LTD (collectively called \u201cD&amp;F\u201d). a company is headquartered in San Luis Potosi, Mexico. CCL&#8230; <a href=\"https:\/\/www.framingham.com\/news\/2021\/10\/04\/business\/corporate-parent-of-former-dennison-mfg-co-announces-new-mexican-acquisition\/\">[read more]<\/a>.<\/p>\n","protected":false},"author":63,"featured_media":10202,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[4882,997,3794,4881],"class_list":["post-10201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-ccl-industries","tag-dennison","tag-dennison-manufacturing-company","tag-made-in-framingham"],"_links":{"self":[{"href":"https:\/\/www.framingham.com\/news\/wp-json\/wp\/v2\/posts\/10201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.framingham.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.framingham.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.framingham.com\/news\/wp-json\/wp\/v2\/users\/63"}],"replies":[{"embeddable":true,"href":"https:\/\/www.framingham.com\/news\/wp-json\/wp\/v2\/comments?post=10201"}],"version-history":[{"count":6,"href":"https:\/\/www.framingham.com\/news\/wp-json\/wp\/v2\/posts\/10201\/revisions"}],"predecessor-version":[{"id":10214,"href":"https:\/\/www.framingham.com\/news\/wp-json\/wp\/v2\/posts\/10201\/revisions\/10214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.framingham.com\/news\/wp-json\/wp\/v2\/media\/10202"}],"wp:attachment":[{"href":"https:\/\/www.framingham.com\/news\/wp-json\/wp\/v2\/media?parent=10201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.framingham.com\/news\/wp-json\/wp\/v2\/categories?post=10201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.framingham.com\/news\/wp-json\/wp\/v2\/tags?post=10201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}