Graphic Packaging announced in early July that it had completed the acquisition of the assets of Americraft Carton.
"We are pleased to have added more than 600 new teammates and seven folding carton plants to our portfolio, as it will allow us to increase our levels of integration from converting plant to converting plant and further enhance our customer base in growing markets." said the company.
Americraft Carton plants are located in Marietta, Georgia; Lowell, Massachusetts; Sturgis, Michigan; Saint Paul, Minnesota; Winston-Salem, North Carolina; Norwalk, Ohio; and Memphis, Tennessee.
Already a very large growth operation last May
Graphic Packaging Holding of the United States, one of the leaders in paper and board packaging for food products, already acquired AR Packaging, the second largest producer of fiber-based consumer packaging, in May.
The estimated $1.45 billion growth deal was billed as the birth of a new international paper and board packaging giant.
With a history that spans more than a century, Graphic Packaging now boasts more than 90 facilities worldwide that provide packaging solutions and 19,000 employees. As part of its Vision 2025, Graphic Packaging aims to make 100% of its products fully recyclable by 2025.
