CM Packaging has acquired Kentucky-based packaging producer Stone Plastics Inc.
Stone Plastics is rated among the top 50 thermoformers of custom and stock products in North America, according to trade magazine Plastics News.
The company produces plastic, from PET, OPS, PS, PP, HIPS and PLA resins, for the fresh produce sector, as well as for the baking, fresh and frozen foods, and fresh-cut industries.
The Kentucky plant, which has more than 140,000 square foot of production are warehouse space, employs around 100 people.
Mark Faber, president and ceo of CM Packaging, said: “Stone’s existing management team, headed by Jo Stone, will remain in place.
“We are extremely pleased to welcome Stone Plastics into our corporation and are sure that this acquisition will allow us to continue to deliver strong results to all of our customers.”
