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Printpack supports diversity with stake in minority venture.(Brief Article)

Packaging Strategies

| February 28, 2002 | COPYRIGHT 2003 BNP Media. (Hide copyright information)Copyright

Privately-held flexible packaging producer Printpack, Atlanta, GA, which recently hit the $lbn mark in sales, and Woodrow A. Hall have jointly formed Diversapack, a new minority business venture to be headquartered in Atlanta, GA. Hall will hold a 51% share in the company, while Printpack will hold 49%. Diversapack will own and operate plants in Marengo, IL; Orland, IN; and Cincinnati, OH.

The capabilities of the Marengo converting plant include rotogravure printing, laminating, and bag making, as well as blown film manufacturing. The Orland …

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