Protective Packaging Solutions acquires Alpha Packaging

The acquisition establishes the Cincinnati-based company as one of the region's largest converters of protective packaging products.
By Modern Materials Handling Staff
August 16, 2010 - MMH Editorial

Protective Packaging Solutions (PPS) has announced the acquisition of assets of Alpha Packaging of Cincinnati, Ohio during a recent auction. The acquisition establishes Protective Packaging Solutions as one of the region’s largest converters of protective packaging products.

“This acquisition is a great opportunity to revitalize the former Alpha Packaging,” said Michael Edlin, president and CEO of Protective Packing Solutions. “We were able to accomplish this transaction without adding any long-term debt to the business, which has allowed us to infuse PPS with critical cash to accelerate its growth.”

PPS was also able to retain key staff members to ensure a smooth transition. Dave Rettig will become general manager, Cindy Garrett will continue in her role as operations manager and Rich Hacker will remain as manager of design.

“We have established relationships with all key vendors and brought in over $200,000 in new inventory and equipment to support our ramp up,” noted Tom McNamara, PPS’s Chairman of the Board. “All of the plant’s production equipment has been updated as well to ensure we are the low-cost producer in this market.”

“As owners, we are now in a position to reinvest all profits back into this business, and we expect PPS to expand rapidly as the economy rebounds,” said Edlin.



Subscribe to Modern Materials Handling magazine

Subscribe today. It's FREE!
Find out what the world's most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Recent Entries

Trends in retail are continuing to drive tremendous changes in distribution. While many companies have struggled to adapt, new concepts and equipment are coming online to meet future demands without need of wholesale changes or large investments. Download the complimentary white paper, Simplifying fulfillment's 'last move' with 'rack-to-shelf' equipment options, and learn how simple equipment and strategies can make a big impact.

After years of being second place, materials handling and engineering are becoming first choice careers for some. Here’s why.

Bastian Solutions, headquartered in Indianapolis, opened its 15th U.S. office in Naperville, Ill., to service a growing number of customers in the Chicago region.

U.S. News & World Report ranks Michigan State as the top school for Supply Chain Management and Georgia Tech first for Industrial/Manufacturing Engineering on this year's lists.

As direct fulfillment volume grows, small adjustments can prevent bottlenecks and postpone large investments.

About the Author

Bob Heaney is a seasoned professional with over 25 years of distinguished leadership experience in research, analysis, and advisory roles in Supply Chain Engineering. Heaney’s coverage area within Aberdeen includes various elements of Supply Chain Execution (Transportation Management, Warehouse Management, Distributed Order Management and Supply Chain Visibility). Contact Bob Heaney

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA