Jan. 5, 2024 - Hood Container Corporation announced today that it has acquired the corrugated packaging business of Sumter Packaging Corporation based in Sumter, South Carolina. This includes all of Sumter's design, manufacturing, assembly and fulfillment operations in Sumter, SC, as well as the business manufactured and serviced from the Statesville, North Carolina facility.
Terms of the deal were not disclosed.
Ben DeSollar, CEO of Sumter Packaging, said, "Our roots in packaging go back over 100 years. Sumter Packaging was founded by Ed Fienning with traditions of family values, delighting our customers and being a strong community partner."
Charlie Hodges, President, and COO of Hood Container Corporation, commented, "Hood Container is very pleased to have acquired Sumter Packaging. Ben DeSollar and his team have built a company that reflects our cultural aspirations for both our employees and communities, our focus on operational excellence, and the value proposition Hood Container expects to deliver to our customers and clients.
"In addition, Sumter's location and asset capabilities allow Hood to continue its reach into both a new market geography and continued expansion into exciting new product markets as we continue to integrate Hood's industrial corrugated operations with our mill system," Hodges explained.
Hood Container operates locations in seventeen states. The company also owns and operates linerboard, medium, and multiwall paper manufacturing operations in New Johnsonville, Tennessee and St. Francisville, Louisiana.
Hood Container Corporation is a wholly owned subsidiary of Hood Companies, Inc. Hood Companies is a privately owned, closely held holding company and is the parent to operating subsidiaries involved in the manufacture and distribution of forest and wood products, building and construction materials, and flexible and corrugated packaging products throughout North America.
SOURCE: Hood Container Corporation
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