Acquisition will make us the largest producer of polyethylene sheet foam in US
summary：Pregis Corporation has acquired Inter-Pac for an undisclosed sum and claimed the deal will make them the largest producer of polyethylene sheet in the US....
Pregis will operate Inter-Pac's 180,000 square foot Tupelo manufacturing facility and 25 employees from Inter-Pac will join Pregis. "We are pleased to add Inter-Pac's Tupelo facility to Pregis' manufacturing footprint. Its geographic location will be an asset in servicing the protective packaging needs of our East Coast customers,” said Kevin Baudhuin, president and chief executive officer of Pregis.
Inter-Pac manufactures vented roll stock and sheeted product to protect fruits and vegetables.
"We believe that this transaction will benefit our customers across all segments and channels.
“We will also be able to bring a much wider product portfolio to Inter-Pac's existing customers," he added.