Web Industries Buys Converters
Web Industries has purchased the assets of the converting services division of KT Industries. This acquisition involves only KT's Fort Wayne, IN operation, not the on-going operation in Winnipeg, Manitoba. KT's converting services division, which will continue to be operated in Fort Wayne, provides custom spooling, slitting and combining services for the personal care, filtration, medical and packaging industries. KT has long been a pioneer in the development of innovative slitting and winding solutions with a collection of more than 50 patents.