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On June 30, 1980, SOLCO, Inc. and RM LEASING CORPORATION merged into Solo Cup Company. On March 1, 2004, Solo acquired Sweetheart Cup Company for $917.2 million, in part with public debt. Sweetheart was founded by Joseph Shapiro and his four brothers, emigrants from Russia. It became the largest consumer packaging company in the world and was ...
Dart Container Corporation [2] is an American manufacturer of disposable food containers. Based in Mason, Michigan, Dart is the world's largest manufacturer of foam cups and containers, producing about as many as all competitors combined. [3]
At the time, Maryland Cup has 33 plants, more than 10,000 employees and a net worth of $250 million. 1983–1985: Fort Howard boosts capital spending in cup business, while cutting costs through layoffs. 1986: Customer service deteriorates and cup sales start to slide. Fort Howard acquires Lily-Tulip, cup-maker with net worth of $108 million.
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Take a second to look at the plastic cups stashed in your cabinets for a future backyard party. You’ll notice several lines on each 16 oz. cup.
In 1986, Dart's father divided the Dart holdings among trusts set up for his three sons. The eldest son, Tom, received Dart Energy; the cup business went to Ken and Robert, the youngest son. [7] In 1986, Ken moved to Sarasota, Florida. [7] In the mid-1990s Ken renounced his American citizenship and took Caymanian, Belizean and, later, Irish ...
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Fans have applied the design to various objects, including automobiles, shirts, and shoes. Cups with the Jazz design were initially manufactured by Sweetheart Cup Company, which was later purchased by Solo Cup Company in 2004. Solo continued production of the disposable cups, and the Jazz design would become known unofficially as Solo Jazz. [2]
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