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UFP Packaging announced a new manufacturing facility in Cherokee County, South Carolina, with a $5.31 million investment in property, machinery and equipment to expand custom crate manufacturing. The project is expected to create 136 jobs over five years.
UFP Packaging, a UFP Industries subsidiary, has opened a 165,000 sq ft corrugated manufacturing facility in Jeffersonville, Indiana, that began operations in late 2024 and will expand through 2025.
UFP Packaging, an affiliate of UFP Industries, acquired Titan Corrugated, a corrugated packaging manufacturer, and its affiliate All Boxed Up, a corrugated box distributor. The combined companies had trailing 12-month sales of about $46.5 million, and Titan operates an automated facility in Flower Mound, Texas.
UFP Industries, through its affiliate UFP Global Holdings, acquired 70 percent of Ficus Pax, an industrial packaging producer with 10 facilities in southern India, for about $13.5 million. The deal marks UFP's first industrial presence in India.
UBEECO Group, a subsidiary of UFP Industries, acquired the assets of Boxpack Packaging in Melbourne, Australia, on 1 November 2021. Boxpack reported trailing 12-month sales of AUD 8.2 million to June 2021.
A UFP Industries subsidiary signed an agreement to buy substantially all operating assets of North American Container Corp., a Marietta, Georgia maker of structural packaging with nine plants and about $71 million in 2017 sales. Closing is scheduled by June 1, 2018.
