Ampac, a global leader in the retail, food, security and medical packaging markets, announces the establishment of a long-term credit facility recently closed with J.P. Morgan Chase and Bank of America.

Over a decade ago, Ampac recognized a future that depended upon global expansion and reach, resulting in the addition of manufacturing centers of excellence on three continents – North America, Europe and Asia with plants in six countries (including U.S., U.K., Germany, China and Southeast Asia) serving these markets.

Establishing itself as a global supplier with relationships that support emerging packaging design concepts and technical advancements, Ampac has enhanced the global spectrum of flexible packaging. With roots back to the company’s founding in 1966, Ampac has had inherent growth through company leadership that has developed Ampac as a global change agent and thought leader in flexible packaging.

The recent syndication provides significant unused capital to the company and positions Ampac for future organic growth and acquisitions in support of Ampac’s long-standing strategy of relationship-building and partnerships with customers and suppliers.

“The new incremental credit capacity provides an exciting opportunity for Ampac to continue on our path of building a strong global presence founded on innovation and manufacturing excellence,” said Jon Dill, Ampac CFO. “The credit facility gives us a significant opportunity to apply this unused capacity to further strategic acquisitions and to the development of additional product and process advancements.”

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