WISCONSIN (From news reports) -- Green Bay Packaging Inc. this week announced it has acquired Interstate Packaging Corp. in Albert Lea. The acquisition was effective Thursday.
According to a press release, Interstate Packaging Corp. has an excellent reputation in the marketplace for their experience and ingenuity of manufacturing innovative, high-quality corrugated products. Their Midwest roots provide the team of employees with a strong work ethic, a commitment to quality solutions and customer satisfaction. Interstate Packaging's facility in Albert Lea, provides service to south-central Minnesota, southwest Wisconsin, Iowa and eastern South Dakota.
"The acquisition of Interstate Packaging is a great fit for Green Bay Packaging. This acquisition gives us the opportunity to grow our business in Minnesota and Iowa," said Will Kress, chairman and CEO of Green Bay Packaging. "Interstate Packaging has the perfect culture, workforce and strong leadership that fit the GBP model and we look forward to expanding their business and facilities."
Steve Tripp, Interstate Packaging Corp. president, notes, "We always strive to provide exceptional quality and service to our customers. Our goal is simply to exceed our customers' expectations. We work hand in hand with our customers to provide innovative packaging solutions and have a nearly 100% on-time delivery rate. Green Bay Packaging complements our business philosophy, provides us access to additional tools, and gives us the opportunity to service our customers' needs on a much larger scale. I am very excited to be able to continue to lead the team at Interstate Packaging Corp."
Bryan Hollenbach, GBP executive vice president added, "The Interstate Packaging acquisition expands our market presence, and adds a dedicated workforce that is committed to growing the business while providing excellent service and quality to our customers. We are very excited to work more closely with the Interstate Packaging team and help them grow their business in the Minnesota and Iowa markets."
Established in 1933, Green Bay Packaging Inc. is a family-owned, vertically integrated manufacturing company consisting of corrugated container plants, a folding cartons facility, recycled and virgin linerboard mills, pressure-sensitive label roll stock plants, specialty converting operations, timberlands and a sawmill facility. Headquartered in Green Bay, Wisconsin, Green Bay Packaging Inc. is dedicated to innovative development of its products and forestry resources, with a focus on safety, sustainability, quality and continuous improvement throughout its 37 facilities in 16 states, according to the release.
Under the current leadership, Interstate Packaging Corp. has been manufacturing custom corrugated packaging since 2009. The company provides custom corrugated boxes, custom printed cartons and oversized custom boxes, operating a 120,000-square-feet manufacturing facility in Albert Lea.
|
