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International packing business DS Smith Plc to acquire Corrugate Container Corp.

Johnson City Press • May 29, 2018 at 8:21 AM

International packing business DS Smith PLC announced Tuesday that it will acquire North American company Corrugated Container Corp.

Corrugated Container Corp. is a family-owned company that employs approximately 190 people between its four operations in Piney Flats, North Carolina, and Virginia. 

According to a news release from DD Smith PLC, The acquisition follows its recent purchase of Interstate Resources, building on the company’s paper and packaging capacity in the region and is expected to be earnings enhancing immediately.

After completion, DS Smith’s total operations in North America will have 23 facilities and employ 2,000 people in the region.

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