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Rand-Whitney Container, owned by The Kraft Group, opened a 384,000-square-foot corrugated box plant in Boylston, Massachusetts, backed by a $125 million investment. The plant can make up to 300 million boxes a year.
Rand-Whitney held a ribbon-cutting for its new 384,000 square foot corrugated packaging facility in Boylston, Massachusetts, costing $120 million. The plant has a BHS corrugator and can produce 300 million boxes annually.
New-Indy Containerboard, a 50/50 joint venture of Kraft Group and Schwarz Partners, acquired Shoreline Container, which operates corrugated packaging and protective packaging facilities in Holland and Zeeland, Michigan.
New-Indy JV Corp., a joint venture of the Kraft Group and Schwarz Partners, agreed to acquire Carolina Container Company, a corrugated packaging maker headquartered in High Point, North Carolina, including its CaroCon Display and Packaging division. The expected closing date was the end of January 2015.
New-Indy JV agreed to acquire Resolute Forest Products' Catawba paper and pulp mill in Catawba, South Carolina, which makes coated mechanical paper, specialty paper and market pulp. The deal is expected to close by December 31, 2018.
Rand-Whitney Packaging, a Kraft Group company, and AGlobal Solutions executed an agreement to form a joint venture operating as UN1F1ED2 Global Packaging Group in protective packaging.
New-Indy JV Corp., a joint venture of Kraft Group and Schwarz Partners, agreed to acquire Carolina Container Company, a longtime leader in corrugated packaging based in High Point, North Carolina.
