# TC Transcontinental sells industrial packaging operations to Hood Packaging for US$95M

TC Transcontinental agreed to sell its industrial packaging operations to Hood Packaging Corporation for US$95 million, subject to working capital adjustments. The Thomasville, North Carolina operations and 138 employees are transferred, and Hood also acquires the industrial packaging business of the Ontario, California plant.

- Type: Acquisition
- Announced: 2024-10-28
- Where: Thomasville, North Carolina, United States
- Value: $95.0M
- Status: announced
- Products: industrial packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [TC Transcontinental](https://endata.com/companies/2421.md) (partner)
- [Hood Packaging Corporation](https://endata.com/companies/5834.md) (acquirer)

## Sources

- [tctranscontinental.com](https://tctranscontinental.com/en-ca/company-overview/news-room/press-releases/tc-transcontinental-sells-its-industrial-packaging), 2024-10-28: "Hood Packaging is acquiring TC Transcontinental's Thomasville, North Carolina, packaging operations and building, and 138 employees are being transferred."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.