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Naturally Iowa Inc. Enters Final Stages of Acquisition of PLA Supply Co.


Clarinda, IO: Naturally Iowa Inc. a producer of organic and all-natural dairy products, has announced that it is in the final stages of the planned acquisition of PLA Supply Co. "This is a giant step forward for Naturally Iowa", says William Horner, president and CEO of Naturally Iowa Inc. "This acquisition will secure our leadership position in pioneering innovative dairy containers derived from 100 percent annually renewable resources such as corn, as opposed to traditional petroleum based plastic products."

"This acquisition also gives Naturally Iowa the opportunity to work with other dairy and beverage companies in providing them with sustainable bottles made from corn as well and providing them with preforms, blow molding equipment and the technology required to operate in their facilities," Horner notes. "Naturally Iowa is now the beneficiary of thousands of hours of research and development performed by PLA Supply Co., which allows us to take the corn starch resin from resin to fully IMS Approved bottle, allowing Naturally Iowa to be a worldwide leader in renewable packaging for dairy. We believe that this is an enormous potential revenue source for the company, given the growing consumer interest in sustainable packaging.”

With the acquisition of 100 percent of the assets of PLA Supply Co., Naturally Iowa Inc. will acquire all rights to the PLA contract with Natureworks LLC, a dedicated factory space in Waverly, NE for the production of PLA preforms and a long-term contractual relationship with Norland International to supply PLA bottle-blowing equipment to other beverage producers.