Promotional Containers, Inc. is a wholly owned subsidiary of Plasticon International Inc.
From the Plasticon Business Plan, 2005 -2008, page 98
A further note of clarification, Plasticon’s original contract with Georgia Pacific is under the name of Promotional Containers, Inc. Promotional Containers, Inc. is a wholly owned subsidiary of Plasticon International Inc.
Page 98
RULE 7.1 DISCLOSURE STATEMENT OF PROMOTIONAL CONTAINERS, INC.
Plaintiff, Promotional Containers, Inc., by counsel, hereby states for its corporate disclosure pursuant to Rule 7.1 of the Federal Rules of Civil Procedure that Promotional Containers, Inc., has no parent corporation and no publicly held corporation owns more than 10% of its stock.
...............
From the Plasticon Business Plan, 2005 -2008, page 98
For purposes of understanding the GeorgiaPacific/BlueLinx relationship and how it pertains to Plasticon International Inc. the following explanation is offered.
Plasticon’s original contract to supply Georgia Pacific’s national distribution network with rebar support products was signed on February 14, 2004.(see Georgia Pacific contract) Shortly after this contract was executed by both parties, Georgia Pacific asked for a delay in the roll out of Plasticon’s products to it’s (Georgia Pacific) national distribution network, due to the fact that Georgia Pacific was initiating a spinoff of said network into a separate private entity. This separate private entity was a company named BlueLinx. The spinoff took several months to complete, and in fact was finalized in May of 2004.
In Seprtember of 2004 BlueLinx filed for an Initial Public Offering with the Securities and Exchange Commission. On December 14, 2004 BlueLinx priced its initial public offering, trading on the NYSE under the ticker symbol BXC. Under the terms of Georgia Pacific’s transaction with BlueLinx, Plasticon’s original contract with Georgia Pacific was purchased by BlueLinks along with Georgia Pacific’s entire national distribution network. Attached with this letter of clarification are several press releases from BlueLinx which serve to further explain the transaction between Georgia Pacific and BlueLinx.
A further note of clarification, Plasticon’s original contract with Georgia Pacific is under the name of Promotional Containers, Inc. Promotional Containers, Inc. is a wholly owned subsidiary of Plasticon International Inc.
Page 98 |
