ELSNER ANNOUNCES ACQUISITION OF PACO WINDERS MANUFACTURING

Acquisition Includes All IP, Focus On Parts & Repairs

Hanover, PA 17331  ELSNER, a leading manufacturer of automation machinery to convert papers, films, foils, plastics and nonwovens, has acquired the Intellectual Property of Paco Winders Manufacturing from OX Industries. The purchase includes all IP and drawings in relation to Paco machinery and parts. The previous Paco plant, located in Philadelphia, will remain closed as the business shifts to the ELSNER corporate headquarters located in Hanover, PA.

“We’ve been a local resource, making parts for Paco customers for the past five years. The Paco plant was shuttered in December, and since then we have realized there is a need in the marketplace to provide continuity of service to Paco customers,” said Bert Elsner II, President/CEO of ELSNER. “Having acquired the IP and official drawings, we can now more easily provide that service beyond locally, nationwide. The purchase is aligned with our Contract Manufacturing business unit and we are looking forward to better serving our Paco customers.”

ELSNER’s extensive experience manufacturing converting machinery for complex and diverse markets, many using paper cores, means they are well-positioned to take on the longstanding Paco business. Paco has been manufacturing machinery for the paper tube, can and core industry since 1955. “We are able to manufacture parts for Paco machines and beyond, as we manufacture parts for hundreds of types of machines with our full onsite custom machining operation,” remarked Elsner. “We are setting up to get started immediately with repair parts as well as manufacturing and stocking new parts as soon as possible. Our plan is to make working with ELSNER a seamless experience.”

For more information email:   pacowinders@elsnereng.com