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

Montreal Montreal is the List of towns in Quebec, largest city in the Provinces and territories of Canada, province of Quebec, the List of the largest municipalities in Canada by population, second-largest in Canada, and the List of North American cit ...

and

Sarasota, Florida Sarasota () is a city in and the county seat of Sarasota County, Florida, United States. It is located in Southwest Florida, the southern end of the Tampa Bay area, and north of Fort Myers, Florida, Fort Myers and Punta Gorda, Florida, Punta Gord ...

, with 34 locations, 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 Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...

and

Mexico Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundar ...

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 major 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 United King ...

and competition from Asia hurt the company. Intertape was starting to turn around by the

2008 recession The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.

, 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 (Canada 2021 Census, 2021 population: 104,688) is a city in Ontario, Canada, founded on the Grand River (Ontario), Grand River in Southwestern Ontario. It is surrounded by County of Brant, Brant County but is politically separate wi ...

in 2011 and

Richmond, Kentucky Richmond is a home rule-class city in Madison County, Kentucky, United States. The population was 34,585 as of the 2020 census, making it the state's seventh-largest city. It is the principal city of the Richmond–Berea micropolitan area, wh ...

in 2012. Also,

shrink film Shrink wrap, also shrink film, is a material made up of polymer plastic film. When heat is applied, it shrinks tightly over whatever it is covering. Heat can be applied with a handheld heat gun (electric or gas), or the product and film can p ...

production moved from the

Truro, Nova Scotia Truro (Scottish Gaelic: ''Trùru'') 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 (Nova Scotia), Salmon River floodplain, close to the river's mouth ...

plant moved to

Tremonton, Utah Tremonton is a city in Box Elder County, Utah. The population was 9,894 at the time of the 2020 census. As of 2024, Tremonton has an estimated population of 13,713 and is one of the fastest growing municipalities in the state of Utah (2024 est ...

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, up from 49,546 at the 2010 census. It is a pri ...

, 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, 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 city is part of the Naugatuck Valley Planning Region. The population was ...

, 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, 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 approx ...

for water-activated tape, which the company made in

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

; 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 Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

firm Clearlake Capital Group.

List of brands

Locations

Source: *

Atlanta, Georgia Atlanta ( ) is the List of capitals in the United States, capital and List of municipalities in Georgia (U.S. state), most populous city in the U.S. state of Georgia (U.S. state), Georgia. It is the county seat, seat of Fulton County, Georg ...

Bardstown, Kentucky Bardstown is a list of Kentucky cities, home rule-class city in Nelson County, Kentucky, United States. The population was 13,567 in the 2020 United States census, 2020 census. It is the list of counties in Kentucky, county seat of Nelson Count ...

* Blythewood, South Carolina *

Brighton, Colorado Brighton is a home rule city located in Adams and Weld counties, Colorado, United States. Brighton is the county seat of Adams County and is a part of the Denver-Aurora, CO Combined Statistical Area and the Front Range Urban Corridor. The c ...

Carlstadt, New Jersey Carlstadt is a Borough (New Jersey), borough in Bergen County, New Jersey, Bergen County, in the U.S. state of New Jersey. As of the 2020 United States census, the borough's population was 6,372, an increase of 245 (+4.0%) from the 2010 United S ...

Carrollton, Texas Carrollton is a city in Dallas County, Texas, Dallas, Denton County, Texas, Denton, and Collin County, Texas, Collin counties in the U.S. state of Texas. As of the 2020 United States census, 2020 census, its population was 133,434, making it the ...

Chicago, Illinois Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

* Chopanki, India *

Cornwall, Ontario Cornwall is a city in Eastern Ontario, Canada, situated where the provinces of Central Canada, Ontario and Quebec and the U.S. state of New York (state), New York converge. It is Ontario's easternmost city. Although it is the seat of the United ...

, Canada * Dahej, India *

Daman, India Daman is a city and the administrative capital of the Indian territory of Dadra and Nagar Haveli and Daman and Diu. It is a municipal council situated in the Daman district, India, Daman district of the union territory. The Daman Ganga River d ...

Danville, Virginia Danville is an independent city (United States), independent city in the Virginia, Commonwealth of Virginia in the United States. The city is located in the Southside (Virginia), Southside Virginia region and on the fall line of the Dan River ( ...

Delta, British Columbia Delta is a city in the Lower Mainland region of British Columbia, Canada, and part of Greater Vancouver. Located on the Fraser Lowland south of Fraser River's south distributary, arm, it is bordered by the city of Richmond, British Columbia, R ...

, Canada * Everetts, North Carolina *

Flensburg Flensburg (; Danish language, Danish and ; ; ) is an independent city, independent town in the far north of the Germany, German state of Schleswig-Holstein. After Kiel and Lübeck, it is the third-largest city in Schleswig-Holstein. Flensburg's ...

, Germany *

Jiangmen Jiangmen ( zh, c=江门), postal map romanization, alternately romanization of Chinese, romanized in Cantonese as Kongmoon, is a prefecture-level city in Guangdong provinces of China, Province in southern China. It consists of three urban distri ...

City, China * Karoli,

Bhiwadi Bhiwadi is a planned city in Khairthal-Tijara district in the Indian state of Rajasthan and a Part of National Capital Region of Delhi. It is located 32 from Khairthal- Tijara city, the district headquarters, 85 km away from the city of ...

, Rajasthan, 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 sh ...

, Quebec, Canada *

Porto, Portugal Porto (), also known in English language, English as Oporto, is the List of cities in Portugal, second largest city in Portugal, after Lisbon. It is the capital of the Porto District and one of the Iberian Peninsula's major urban areas. Porto c ...

Salisbury, North Carolina Salisbury ( ) is a city in the Piedmont (United States), Piedmont region of North Carolina, United States; it has been the county seat of Rowan County, North Carolina, Rowan County since 1753 when its territory extended to the Mississippi River. ...

Schaumburg, Illinois Schaumburg ( ) is a village in Cook County, Illinois, Cook and DuPage County, Illinois, DuPage counties in the U.S. state of Illinois. Per the 2020 United States census, 2020 census, the population was 78,723, making Schaumburg the most populou ...

Springfield, Ohio Springfield is a city in Clark County, Ohio, United States, and its county seat. It is located in southwestern Ohio along the Mad River (Ohio), Mad River, Buck Creek, and Beaver Creek, about west of Columbus, Ohio, Columbus and northeast of ...

Toronto Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...

, Ontario, Canada *

, Canada *

Widnes Widnes ( ) is an Industrial city, industrial town in the Borough of Halton, Cheshire, England, which at the 2021–2022 United Kingdom censuses, 2021 census had a population of 62,400. Historic counties of England, Historically in Lancashire, ...

, 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