Consolidated Container Co. (CCC) recently completed its previously announced acquisition of the majority of assets of Plastic Technologies of Vermont, Plastic Technologies of Maryland and Plastic Technologies of New York (collectively doing business as Shelburne Plastics). The transaction was conducted under the provisions of Section 363 of the bankruptcy code after the sellers filed for protection from creditors under Chapter 11 of the federal bankruptcy laws. 

In addition to acquiring substantially all of Shelburne's manufacturing assets, CCC has signed leases to continue operations in South Burlington, VT, and Manchester, NH, and plans to hire the majority of the employees at such locations.

"The acquisition of Shelburne's assets and its skilled workforce provides CCC with an increased ability to provide quality products and outstanding service to existing and prospective customers in the Northeast region," said Jeffrey Greene, president and CEO of CCC. "We look forward to a smooth transition for our new customers and new employees."

Shelburne Plastics is a manufacturer of custom / standard HDPE, PET and polypropylene containers for the food, water, juice, industrial and chemical markets. CCC is a developer and manufacturer of rigid plastic packaging in the U.S. The company specializes in customized mid- and short-run packaging solutions, serving a diverse customer base in the dairy, household chemicals, food, industrial/specialty chemicals, water and beverage/juice markets.