Jamestown Container Companies
October 22, 2018 – For Immediate Release
Contact: Larry Hudson, 716-651-3700, x260
JAMESTOWN, NY – Jamestown Container Companies announced today an agreement to acquire General Packaging Products’ packaging business in Medina, OH, effective November 5, 2018. Terms of the agreement were not disclosed.
“This purchase provides Jamestown Container Companies an immediate growth opportunity in Ohio,” explained Joseph R.
Palmeri, Vice President and Chief Operating Officer. “We constantly look for ways to strengthen our company’s position in the markets we serve, opportunities that support our long-term growth strategy to focus on core competencies, minimize the impact of rising costs, and maximize customer, employee and shareholder value.”
Both companies will work closely together during the transition of business to Jamestown Container, which will be complete in November 2018.
In addition, Jamestown Container plans to retain some of General Packaging’s key sales, operations and distribution
personnel, and may need to hire additional operations personnel in their Macedonia, OH, manufacturing facility.
“In addition to the new job creation, we believe this acquisition stabilizes and strengthens the jobs for our current workforce,” said Mr. Palmeri. “That — combined with our relationship with our world-class Greenpac paper mill, our role as the managing partner at Niagara Sheets LLC, and the continued process improvements in all of our plants — will enable us to enhance our products and services to our customers, support our leadership position in our markets, and strengthen our capability for future growth and expansion as opportunities arise.”
About Jamestown Container Companies
Jamestown Container Companies, headquartered in Falconer NY, currently operates six manufacturing facilities, including locations in Falconer, Rochester, Lyons and Buffalo NY, as well as Cleveland OH. Combined, the company employs more than 485 people. In addition, Jamestown Container is an owner in Greenpac LLC and a managing partner in Niagara Sheets LLC, both world-class, state-of-the-art manufacturing facilities in the Buffalo NY area. For more information about Jamestown Container Companies, its products or services, please visit www.jamestowncontainer.com.
About General Packaging Products
General Packaging Products started in 1970 by David Shafer and Charles Van Horn, and shortly after they were joined by Robert Berg as a partner. From its humble beginnings, General Packaging has grown considerably, as the Shafer family continued to build on the traditions of quality and service started over 45 years ago. They offer a wide range of custom designed corrugated products. For more information about General Packaging, its products or services, please visit www.genpkg.com.