-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TzOP4ffn4e784SefDaHEQiDArhxyKQ37zxoHNzfQUARe5XKb3ungHXnQ4tr+K1lx ckFbQdyycsbGLetqqQxp2g== 0000950123-01-001636.txt : 20010224 0000950123-01-001636.hdr.sgml : 20010224 ACCESSION NUMBER: 0000950123-01-001636 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20010221 FILED AS OF DATE: 20010221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERTAPE POLYMER GROUP INC CENTRAL INDEX KEY: 0000880224 STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670] IRS NUMBER: 000000000 STATE OF INCORPORATION: A8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: SEC FILE NUMBER: 001-10928 FILM NUMBER: 1551144 BUSINESS ADDRESS: STREET 1: 110E MONTEE DE LIESSE STREET 2: ST LAURENT CITY: QUEBEC H4T 1N4 CANAD STATE: A8 BUSINESS PHONE: 5147310731 MAIL ADDRESS: STREET 1: 110 E MONTEE LIESSE CITY: ST LAURENT STATE: A8 ZIP: 00000 6-K 1 m09064e6-k.txt FORM 6-K 1 [LOGO -- INTERTAPE POLYMER GROUP] FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Issuer Pursuant to Rule 13a -- 16 or 15d -- 16 of the Securities Exchange Act of 1934 Intertape Polymer Group Inc. Closes Louisiana Facility And Increases Production At Mexican Operation INTERTAPE POLYMER GROUP INC. 110E MONTEE DE LIESSE, ST. LAURENT, QUEBEC, CANADA, H4T 1N4 (Indicate by check mark whether the registrant files or will file quarterly reports under cover Form 20-F or Form 40-F Form 20-F X Form 40-F ___
(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ___ No X
(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Intertape Polymer Group Inc. February 21, 2001 By: /s/ ANGELA MASSARO-FAIN ------------------------------------ Angela Massaro-Fain Advertising and Investor Relations Manager Intertape Polymer Group Inc.
EX-99.1 2 m09064ex99-1.txt PRESS RELEASE 1 February 21, 2001 NYSE SYMBOL: ITP T.S.E. SYMBOL: ITP INTERTAPE POLYMER GROUP INC. CLOSES LOUISIANA FACILITY AND INCREASES PRODUCTION AT MEXICAN OPERATION Montreal, Quebec, Canada, February 21, 2001 - Intertape Polymer Group Inc. (NYSE and TSE: ITP) a leader in the packaging industry, announced today that it is closing its Flexible Intermediate Bulk Container (FIBC) manufacturing plant in Rayne, Louisiana. Following the previously announced acquisition by Intertape Woven Products S.A. de C.V. (IPG Mexico) of the Professional Management Group (PMG) in Piedras Negras, the Company plans to accelerate the expansion of its Mexican operations; another step in IPG's long term strategy of migrating production of FIBCs to lower cost manufacturing. Commenting on the announcement, Melbourne F. Yull, Chairman and Chief Executive Officer said, "As the second largest producer of FIBCs in North America, these operations continue to be an integral component of IPG's corporate growth strategy. We anticipate that this change will enhance our ability to compete in a product segment which IPG believes will grow during 2001." Mr. Yull also stated, "As a vertically integrated manufacturer of FIBCs, the Company's fabric production, slit tape extrusion, beaming and weaving lines are also planned for installation in Mexico later this year. "IPG Mexico" is becoming a part of our overall low cost operation strategy." Mr. Jim Bob Carpenter, President of IPG's Woven Products Group noted, "The expansion of capacity in Mexico also supports the growth anticipated from the recent introduction of two new FIBC products: NOVA-STAT(TM) a patent-pending static-dissipative FIBC and Pallet-Free(TM) a patent-pending FIBC featuring integrated fork-lift bottom channels. Both products provide IPG with access to new markets that require specialty high performance bags." Mr. Carpenter added, "We will continue to operate FIBC and other corporate administrative functions in Rayne." Intertape Polymer Group Inc. develops, manufactures and markets a wide variety of specialized polyolefin plastic and paper based packaging products and systems for industrial and retail use. The Company was founded in 1981 and is based in Montreal, Quebec and Sarasota, Florida with manufacturing facilities in twenty North American and European locations. EX-99.2 3 m09064ex99-2.txt FORWARD LOOKING STATEMENTS 1 FOR FURTHER INFORMATION CONTACT: Melbourne F. Yull Chairman and Chief Executive Officer Intertape Polymer Group Inc. Tel: (514) 731-0731 E-mail: itp$info@intertapeipg.com Web: www.intertapepolymer.com THIS RELEASE CONTAINS STATEMENTS THAT ARE FORWARD-LOOKING WITHIN THE MEANING OF SECTION 27A OF THE SECURITIES ACT OF 1933 AND SECTION 21E OF THE SECURITIES EXCHANGE ACT OF 1934. FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES, WHICH MAY CAUSE THE COMPANY'S ACTUAL RESULTS IN FUTURE PERIODS TO DIFFER MATERIALLY FROM FORECASTED RESULTS OR FORWARD-LOOKING STATEMENTS. THOSE RISKS AND UNCERTAINTIES INCLUDE, BUT ARE NOT LIMITED TO: - risks associated with pricing, volume and continued strength of markets where the Company's products are sold, and the timing and acceptance of new product offerings. - actions of competitors as are described in the Company's filings with the Securities and Exchange Commission (SEC) over the last twelve months. - the Company's ability to successfully integrate the operations and information systems of acquired companies with its existing operations, and information system, including risks and uncertainties relating to its ability to achieve projected earnings estimates, achieve administrative and operating cost savings and anticipate synergies. - the effect of competition and raw material pricing on the Company's ability to maintain margins on existing or acquired operations. The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.
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