April 18, 1986
Ropak Corp., the Fullerton-based plastic container manufacturer, reported net earnings of $186,000 for the first quarter, down 40% from $312,000 a year ago. Revenues of $8.3 million were up 42% from $5.8 million a year earlier. The company said its net earnings for the first quarter of 1985 included a $136,000 gain from a non-recurring currency exchange in connection with the acquisition of a Canadian company.
March 4, 1987 |
Ropak Corp. said its profits for 1986 declined by 27% to just over $1 million from $1.37 million the year before. Revenue for the year, however, hit a record $47.6 million, up 48% from $32.2 million in 1985. For the fourth quarter, the Fullerton maker of plastic shipping containers lost $448,000, contrasted with a $12,000 net loss for the same period a year ago. Revenues for the quarter jumped 67% to $12.1 million from $7.2 million. William H.
February 19, 1986 |
Despite a fourth-quarter loss, Ropak Corp., a Fullerton-based maker of plastic products, said it increased net earnings for 1985 to $1.3 million, more than double the $577,000 of a year earlier. Revenue for the year was $32.2 million compared with $14.8 million in 1984. For the fourth quarter, however, Ropak lost $12,000, contrasted with net earnings of $119,000 during the like quarter of 1984. Fourth-quarter revenues rose 97% to $7.3 million in 1985 from $3.7 million in 1984.
November 4, 1992
David Williams has been elected to the board of directors of Ropak Corp., expanding the number of directors to eight. Williams is a managing director of Linpac Mouldings Ltd. in Birmingham, England, which acquired a 9% stake in Ropak in May. Ropak, based in Fullerton, is a maker of plastic packaging and handling products for food, coatings, and a variety of agricultural materials.
May 9, 1989
Ropak Corp. has completed its acquisition of the assets of JIT Corp., a Southfield, Mich., maker of handling and storage products for plastic materials, for about $3 million in cash. Ropak Corp., based in Fullerton, is a maker of packaging and handling products for foods, coatings and a variety of agricultural and industrial materials.
April 26, 1993
Ropak Corp., the Fullerton maker of plastic packaging and handling products, reported a first-quarter loss of $480,000, or 11 cents a share. That contrasted with a profit of $448,000, or 11 cents a share, for the same period a year earlier. Three-month sales were $19.9 million, down from $21.5 million.
April 12, 1987
Ropak Corp. of Fullerton said it has opened an office in Tokyo through which its Ropak Nippon Ltd. subsidiary will market the company's plastic containers in Japan. The containers include plastic shipping pails and covered plastic pans. They will used to package a number of products such as fresh fish and other seafood.