CLARCOR Divests Packaging Subsidiary J.L. Clark, Inc.

FRANKLIN, Tenn.--(BUSINESS WIRE)--CLARCOR Inc. (NYSE: CLC) announced that it has sold its packaging subsidiary, J.L. Clark, Inc. to CC Industries, Inc. (“CCI”), an affiliate of Chicago-based Henry Crown and Company. With approximately 350 employees and annual revenues of approximately $77 million, J.L. Clark designs and manufactures specialty metal and plastic packaging for a wide variety of consumer products customers.