CHASE PACKAGING CORP Overview
Industry: Shell Companies
Sector: Financial Services
Chase Packaging Corporation does not have significant operations. Previously, it manufactured woven paper mesh for industrial applications; and polypropylene mesh fabric bags for agricultural use, as well as distributed agricultural packaging manufactured by other companies. The company intends to secure a merger partner to go public or acquire private companies to create investment value. Chase Packaging Corporation was incorporated in 1993 and is based in Rumson, New Jersey.
CHASE PACKAGING CORP is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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