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The company announced it was named one of Fortune’s ‘100 Best Companies to Work For in 2022.’
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The global packaging leader said it will acquire PBFY, one of the largest flexible packaging distributors in North America.
The company’s board of directors approved regular quarterly cash dividend of $0.07 per share of its common stock, par value $0.01 per share.
The representatives are in the Mid-Atlantic region and are expected to ‘promote and support’ the NSI Industries stable of brands, the company said.
Five-year company veteran Lisa Pope takes over leadership of the ERP solutions leader after serving as its Americas EVP.
It comes just after the company announced the closing of its merger with TestEquity and Gexpro Services and a May 1 CEO succession.
The duo says the partnership boosts the value of Continental’s distributor network by making inventory available to peer members.
The outlook for 2022 remains bright, but government efforts to restrain inflation, global instability and continued supply chain challenges seem to shift the variables almost daily.
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