PaperAge Magazine

New-Indy to Acquire Container Service Corporation in Georgia

Container Service Corporation

Dec. 20, 2016 - New-Indy JV Corp. has entered into an agreement to acquire Container Service Corporation (CSC), a corrugated box plant headquartered in Ringgold, Georgia.

Terms of the deal were not disclosed.

New-Indy issued the following statement, “The acquisition of Container Service Corporation expands New-Indy's footprint in the corrugated box manufacturing and distribution industry with an operation that is extremely well equipped and in a strategic location that allows them to support customers in more than 14 states.”

New-Indy is a joint-venture that was formed in 2012 by the Kraft Group and Schwarz Partners, LP, two family-owned companies with long histories in paper and packaging. To learn more, please visit: newindycontainerboard.com

SOURCE: New-Indy