Board Converting News, December 20, 2021

Liberty Packaging Acquires (CONT’D FROM PAGE 1 )

Core Competency

“Our industry is changing,” added Fiterman. “This ac- quisition will help us deliver on our commitment to cus- tomers for increasingly demanding corrugated solutions, including sustainability, right-weighting and retail-ready packaging.” As both companies are privately held, the purchase price was not disclosed. IP To Build New Corrugated Packaging Plant PA Memphis, Tennessee based International Paper (IP) last week announced it will build a state-of-the-art corrugated packaging plant in Atglen, in southeast Pennsylvania. The facility will employ approximately 150 team members. “We are excited to expand our footprint and continue serving our customers with the highest level of safety, quality, operational excellence and customer service,” said Greg Wanta, Senior Vice President, North American Con- tainer. The facility will allow International Paper to expand its Industrial Packaging footprint in the northeastern United States. Construction is set to begin in the first quarter of 2022 and the company expects the plant to be fully oper- ational in the first quarter of 2023.

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© Blower Application Company, Inc., Germantown, WI 2020

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www.boardconvertingnews.com

December 20, 2021

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