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INNOVATIONS E-NEWS

Pratt Continues Along Steady Growth Path

Pratt Industries Acquires Triad Packaging

Triad Packaging Headquarters in Tennessee

Pratt Industries continues to grow in size and sales following the recent acquisition of the Tennessee-based display and corrugated company, Triad Packaging. The multimillion-dollar acquisition, which comes just a few months after Pratt held the official groundbreaking for a fourth, 100% recycled paper mill in Indiana, maintains the company’s ongoing growth pattern of building or acquiring a new business every quarter in America or Australasia for the past 5 years.

“The Triad acquisition strengthens our position as a leader in the corrugated display industry and gets us that much closer to our next growth target which is $2 billion in sales,” said company chairman Anthony Pratt.

“This is a key strategic move for us but it also represents our commitment to introducing even more customers to the benefits of 100% recycled packaging – and that it’s not only good for business but also for meeting the marketplace’s increasing sustainability demands.”

Beside the 100,000 sq ft facility in Bristol, TN, the deal also included a retail design center in Gastona, NC. Pratt Industries is America’s 5th largest corrugated packaging company with more than 4400 green-collar employees.

By |June 3rd, 2014|

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