Green Bay Packaging acquires Minnesota packaging producer

Green Bay Packaging Inc. (GBP), headquartered in Green Bay, Wisconsin, has announced it has acquired Minnesota-based custom corrugated packaging producer Interstate Packaging Corp., effective June 30.

GBP cites Interstate Packaging's "Midwest roots" and the opportunity to grow its business in Minnesota and Iowa as key factors in the acquisition, and says Interstate Packaging's facility in Albert Lea, Minnesota, provides service to what it calls a "focused footprint" of approximately 150 miles, including south central Minnesota, southwest Wisconsin, Iowa and eastern South Dakota.

"The acquisition of Interstate Packaging is a great fit for Green Bay Packaging," GBP Chairman and CEO Will Kress says. "Interstate Packaging has the perfect culture, workforce and strong leadership that fit the GBP model and we look forward to expanding their business and facilities."

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Interstate Packaging was founded in 2009 and currently operates a 120,000-square-foot manufacturing facility and works with a team of more than 85 employees, and company President Steve Tripp says, "We work hand in hand with our customers to provide innovative packaging solutions and have a nearly 100 percent on-time delivery rate."

He adds, "Green Bay Packaging complements our business philosophy, provides us access to additional tools and gives us the opportunity to service our customers' needs on a much larger scales."

Tripp says he will stay on as president of Interstate Packaging.

The move is GBP's first acquisition since it acquired Third Dimension Inc. in October 2020. Third Dimension focuses on corrugated packaging innovation, molded foam packaging and four-color digital printing, and GBP said at the time of the acquisition that the move allowed the company to expand its market presence in Ohio.