Universal Forest Products acquiring packaging manufacturer
Universal Forest Products has purchased the operating assets of North American Container Corp. (NACC).
Based in Marietta, Ga., NACC manufactures structural packaging products, which adds steel, corrugated, and hardwood packaging to Universal’s portfolio of industrial products. The deal is expected to close on July 1.
NACC operates nine manufacturing facilities in Georgia, South Carolina, Tennessee, and Wisconsin and had sales of approximately $71 million in 2017.
“This exciting opportunity will blend the best products of our two proven companies to create an industry-leading offering of structural packaging products,” said Universal CEO Matthew Missad. “NACC’s proprietary agriculture boxes and crates, for example, will be of great interest to our existing customers, and our production methods will help us enhance manufacturing operations and output.
Last month Universal Building Products, based in Grand Rapids, Mich., reported record fourth quarter sales of $966.1 million.
Based in Marietta, Ga., NACC manufactures structural packaging products, which adds steel, corrugated, and hardwood packaging to Universal’s portfolio of industrial products. The deal is expected to close on July 1.
NACC operates nine manufacturing facilities in Georgia, South Carolina, Tennessee, and Wisconsin and had sales of approximately $71 million in 2017.
“This exciting opportunity will blend the best products of our two proven companies to create an industry-leading offering of structural packaging products,” said Universal CEO Matthew Missad. “NACC’s proprietary agriculture boxes and crates, for example, will be of great interest to our existing customers, and our production methods will help us enhance manufacturing operations and output.
Last month Universal Building Products, based in Grand Rapids, Mich., reported record fourth quarter sales of $966.1 million.