McKinley Paper Co., a subsidiary of Mexico-based Bio Pappel, has acquired U.S. Corrugated Inc., Washington, Pennsylvania. Through the acquisition, McKinley Paper also has acquired U.S. Corrugated’s subsidiaries and affiliated companies.
U.S. Corrugated is an independent corrugated packaging producer. Combining U.S. Corrugated with McKinley Paper’s business will help to create a fully integrated paper and packaging company with a vertically aligned network of paper mills, box plants, sheet plants and a distribution network in the United States and maquiladora region in Mexico, U.S. Corrugated reports in a news release announcing the acquisition.
McKinley Paper operates two paper mills, one in Prewitt, New Mexico, and one in the state of Washington.
U.S. Corrugated is part of a fully integrated packaging company that operates a network of modern corrugated industrial Alpha-Box Plants in Southern California, Georgia, Indiana and a planned northeastern expansion. The organization also includes an Alpha-Box Plant in Mexicali and a full-service sheet plant in Tijuana, Mexico, near the U.S.-Mexican border.
“The personal and professional relationship I have enjoyed over the past 25 years with Bio Pappel’s CEO Miguel Rincon and his family served as the impetus for this strategic alliance, which will allow U.S. Corrugated to become a fully integrated paper and packaging company,” says Dennis Mehiel, U.S. Corrugated founder.
“This strategic acquisition allows Bio Pappel to expand its international footprint by doubling the size of its current operations in the USA to achieve an outstanding integration into higher value-added products and to substantially increase the geographic reach of its operation in U.S.,” says Ignacio Rincón, Bio Pappel’s vice president.