Spinnaker Coating Licenses Avery Dennison Products

TROY, OH—March 01, 2012—Spinnaker Coating, a manufacturer of adhesive-coated papers and films, announced it has acquired from Avery Dennison Corporation a license to produce and sell the Crack ’n Peel and FasTrack brands in the United States and Canada. These products are sold exclusively in the commercial sheetfed sector. As part of the agreement, Spinnaker has acquired selected manufacturing assets that have been installed at the Troy facility.