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New-Indy reached an agreement with Georgia-Pacific to acquire Reliable Container, which has facilities in Santa Fe Springs, California and Tijuana, Mexico. The units will join New-Indy's Tripaq-Group converting operations on the West Coast.
New-Indy JV Corp. agreed to acquire Reliable Container from Georgia-Pacific, adding facilities in Santa Fe Springs, California and Tijuana, Mexico that make custom corrugated containers and point-of-purchase displays. The transaction was expected to close in mid-October 2020.