Intertape Polymer Group Inc. is a packaging products and systems company based in

Montreal Montreal ( ; officially Montréal, ) is the List of the largest municipalities in Canada by population, second-most populous city in Canada and List of towns in Quebec, most populous city in the Provinces and territories of Canada, Canadian ...

and

Sarasota, Florida Sarasota () is a city in Sarasota County on the Gulf Coast of the U.S. state of Florida. The area is renowned for its cultural and environmental amenities, beaches, resorts, and the Sarasota School of Architecture. The city is located in the sou ...

, with 34 locations,https://www.itape.com/about%20ipg 22 manufacturing locations in North America and one in Europe, and 4,200 employees. Products include paper-based and film-based pressure-sensitive and water-activated tape for sealing boxes and repairing plumbing. Intertape is the second-largest tape producer in North America behind 3M, and its market share for most products is 20 to 30 percent. About 80 percent of sales were made in the United States as of 2015, with 10 percent in

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

and

Mexico Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatema ...

History

Melbourne F. Yull started Intertape Polymer Group in 1981 Intertape Polymer Group incorporated August 31, 1993. in Montreal. At first Intertape sold tape in a small area, but the company grew quickly with acquisitions. Intertape did very well in the 1990s, with the stock going from C$10 to nearly C$50. The

early 2000s recession The early 2000s recession was a decline in economic activity which mainly occurred in developed countries. The recession affected the European Union during 2000 and 2001 and the United States from March to November 2001. The UK, Canada and Au ...

and competition from Asia hurt the company. Intertape was starting to turn around by the 2008 recession, but its stock fell to just over C$1. Greg Yull succeeded his father in 2010. He stopped the company's practice of increasing sales by charging prices that were lower than the rising costs to make the products. He also closed inefficient plants. The company turned around. Among the plants closed were

Brantford, Ontario Brantford ( 2021 population: 104,688) is a city in Ontario, Canada, founded on the Grand River in Southwestern Ontario. It is surrounded by Brant County, but is politically separate with a municipal government of its own that is fully indepen ...

in 2011 and Richmond, Kentucky in 2012. Also,

shrink film Shrink may refer to: Common meanings * Miniaturization *Shrink, a slang term for: ** a psychiatrist ** a psychoanalyst ** a psychologist Arts, entertainment, and media * ''Shrink'' (album), album by German indie rock/electronica group The Notw ...

production moved from the

Truro, Nova Scotia Truro (Mi'kmaq: ''Wagobagitik''; Scottish Gaelic: ''Truru'') is a town in central Nova Scotia, Canada. Truro is the shire town of Colchester County and is located on the south side of the Salmon River floodplain, close to the river's mouth at ...

plant moved to

Tremonton, Utah Tremonton is a city in Box Elder County, Utah. The population was 7,647 at the time of the 2010 census. History Although the first settlers came to the Tremonton area in 1888, it remained largely uninhabited until just before 1900, when land a ...

in 2012. Yull announced on July 3, 2013, that after 16 years in

Bradenton, Florida Bradenton ( ) is a city in and the county seat of Manatee County, Florida, Manatee County, Florida, United States. As of the 2020 United States Census, 2020 census, the city's population is 55,698. History Late 18th and early 19th centuries ...

, the company had selected a new site because it needed more room. After an eight-month search, in August 2013, Intertape moved its U.S. headquarters to Osprey Commerce Center in Sarasota. The offices once belonged to

Arthur Andersen LLP Arthur Andersen was an American accounting firm based in Chicago that provided auditing, tax advising, consulting and other professional services to large corporations. By 2001, it had become one of the world's largest multinational corporati ...

, and the street was called Arthur Andersen Boulevard. The company would only move to the Sarasota location if the street name was changed. The street became Paramount Drive. In a deal announced in April 2015, Intertape bought Better Packages Inc. of

Ansonia, Connecticut Ansonia is a city in New Haven County, Connecticut, United States. Located on the Naugatuck River, it is immediately north of Derby, and about northwest of New Haven. The population was 18,918 at the time of the 2020 census. The ZIP code for ...

, a company started in 1917 that made tape dispensers. In an $11 million deal announced in November 2015, Intertape bought RJM Manufacturing Inc. of

Fairless Hills, Pennsylvania Fairless Hills is a census-designated place (CDP) in Bucks County, Pennsylvania, United States. The CDP is located within c. The population was 9,046 at the 2020 census. That is up from 8,466 at the 2010 census. History Fairless Hills as it is ...

, which made TaraTape filament and pressure-sensitive tapes. In February 2016, Intertape announced that by 2017 it would build a $40 million plant on 33 acres in

Midland, North Carolina Midland is a town in southern Cabarrus County in the U.S. state of North Carolina. Located in the Charlotte region of North Carolina, Midland is a 30-minute commute to uptown Charlotte. The name of the town is derived from its location approximat ...

for water-activated tape, which the company made in

Menasha, Wisconsin Menasha () is a city in Calumet and Winnebago counties in the U.S. state of Wisconsin. The population was 18,268 at the 2020 census. Of this, 15,144 were in Winnebago County, and 2,209 were in Calumet County. The city is located mostly in Win ...

; the Menasha plant would remain open. Yull announced a $13.5 million expansion in October 2017. On July 1, 2017, IPG completed acquisition of Canadian Technical Tape Ltd. (Cantech), a very successful North American brand, supplier of industrial and specialty tapes based in Montreal, Canada. In June 2022, the company was de-listed from the Toronto Stock Exchange with all shares being purchased by

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a t ...

firm Clearlake Capital Group.

List of brands

Locations

Atlanta, Georgia Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 ...

Bardstown, Kentucky Bardstown is a home rule-class city in Nelson County, Kentucky, United States. The population was 11,700 in the 2010 census. It is the county seat of Nelson County. Bardstown is named for the pioneering Bard brothers. David Bard obtained a l ...

Blythewood, South Carolina Blythewood is a town in Richland and Fairfield counties, South Carolina, United States. It is a suburb of Columbia, South Carolina. The 2020 United States census puts the population at 4,772, up from 2,034 in 2010. Since 2000, the population has ...

Brighton, Colorado Brighton is a home rule municipality city located in Adams and Weld counties, Colorado, United States. Brighton is the county seat of Adams County and a part of the Denver–Aurora–Lakewood, CO Metropolitan Statistical Area and the Front Ra ...

* Carlstadt, New Jersey *

Carrollton, Texas Carrollton is a city in Dallas, Denton, and Collin counties in the U.S. state of Texas. As of the 2020 census, its population was 133,434, making it the 23rd-most populous city in Texas. History The area was first settled by Jared Ford i ...

Chicago, Illinois (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

* Chopanki, India *

Cornwall, Ontario Cornwall is a city in Eastern Ontario, Canada, situated where the provinces of Central Canada, Ontario and Quebec and the state of New York (state), New York converge. It is the seat of the United Counties of Stormont, Dundas and Glengarry, Unit ...

, Canada *

Dahej Dahej is a cargo port situated on the South-west coast of Gujarat, India in Bharuch district. There is 17.5 million tonnes per year capacity LNG terminal operated by Petronet in Dahej. Port Information General The Port of Dahej is located in ...

, India *

Daman, India Daman (; Indo-Portuguese; ''Damao'') is the capital city of the Indian union territory of Dadra and Nagar Haveli and Daman and Diu. It is a municipal council situated in the Daman district of the union territory. Daman Ganga River divides Da ...

Danville, Virginia Danville is an independent city in the Commonwealth of Virginia in the United States, located in the Southside Virginia region and on the fall line of the Dan River. It was a center of tobacco production and was an area of Confederate activity ...

Delta, British Columbia Delta is a city in the Lower Mainland region of British Columbia, Canada, as part of Greater Vancouver. Located on the Fraser Lowland south of Fraser River's south arm, it is bordered by the city of Richmond on the Lulu Island to the north, N ...

, Canada * Everetts, North Carolina * Flensburg, Germany *

Jiangmen Jiangmen (), alternately romanized in Cantonese as Kongmoon, is a prefecture-level city in Guangdong Province in southern China. As of the 2020 census, its three urban districts, plus Heshan City being conurbated, with 2,657,662 inhabitants a ...

City, China * Karoli, India *

Marysville, Michigan Marysville is a city in St. Clair County of the U.S. state of Michigan. The population was 9,959 at the 2010 census. The municipality was founded in 1919, first as a village, then became a city in 1924. Marysville is located on the western sho ...

, Quebec, Canada *

Porto, Portugal Porto or Oporto () is the List of cities in Portugal, second-largest city in Portugal, the capital of the Porto District, and one of the Iberian Peninsula's major urban areas. Porto city proper, which is the entire concelho, municipality of Port ...

* Salisbury, North Carolina *

Schaumburg, Illinois Schaumburg ( ) is a village mostly in Cook County and partly in DuPage County in northeastern Illinois, United States. Per the 2020 Census, the population was 78,723. Schaumburg is around northwest of the Chicago Loop and northwest of O'Hare ...

Springfield, Ohio Springfield is a city in the U.S. state of Ohio and the county seat of Clark County, Ohio, Clark County. The municipality is located in southwestern Ohio and is situated on the Mad River (Ohio), Mad River, Buck Creek, and Beaver Creek, approxim ...

Toronto Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ...

, Ontario, Canada *

, Canada *

Widnes Widnes ( ) is an Industrial city, industrial town in the Borough of Halton, Cheshire, England, which at the 2011 United Kingdom census, 2011 census had a population of 61,464. Historic counties of England, Historically in Lancashire, it is on t ...

, United Kingdom

References

External links

* {{Official, http://www.itape.com/ Companies based in Montreal Companies formerly listed on the Toronto Stock Exchange Packaging companies of Canada Companies established in 1981