Blowback Against Plastic Straws Is Great News for This Company

Indiana's Aardvark Straws makes a paper version, and the company was just purchased
By Arden Dier,  Newser Staff
Posted Aug 7, 2018 2:12 PM CDT
Paper rules?   (Getty Images/heliopix)

(Newser) – The sole US producer of paper straws has been bought up in the latest sign that plastic straws are becoming a thing of the past. In a deal announced Monday, disposable tableware manufacturer Hoffmaster Group will acquire Indiana-based Aardvark Straws, whose degradable and compostable paper straws have been in high demand and short supply, reports the Indianapolis Star. Indeed, the company founded in 2007 saw 5,000% year-over-year growth last year with straws it claims don't get soggy the way cheap imports do, per Fortune. Hoffmaster plans to "aggressively ramp up Aardvark's manufacturing capacity to meet the rapidly accelerating demand for paper straws." Financial terms remain under wraps.

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