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Idaho-Based Pearson Packaging acquires Los Angeles-based Moen Industries

West Plains manufacturer Pearson Packaging Systems has bought a Southern California company that makes similar packaging equipment, bringing at least 12 new jobs to Spokane.

Los Angeles-based Moen Industries also makes equipment bought by firms that sell products packed in boxes or other containers.

Michael Senske, CEO of Pearson, said terms of the deal will not be disclosed, but it adds Moen’s capabilities in tray forming equipment to the Pearson product line.

Tom Sowa The Spokesman-Review

Full Story: http://www.spokesman.com/stories/2012/oct/18/pearson-packaging-acquires-moen/

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