OCONOMOWOC, Wis. – ORBIS Corporation, North America’s leader in sustainable reusable packaging, announced today that is has completed the acquisition of Cartonplast LLC’s interest in the CORBI Plastics joint venture. Terms of the transaction were not disclosed.
In 2005, Cartonplast LLC and ORBIS® Corporation formed a joint venture, creating CORBI Plastics LLC.
CORBI Plastics operates a manufacturing facility in DeForest, Wis., and eleven service centers across the United States. In addition to manufacturing solid and plastic corrugated sheet packaging, CORBI Plastics delivers customer value by owning and managing pools of plastic reusable pallets, top frames and divider sheets that protect food, beverage and aerosol packaging products during storage and distribution. It specializes in managing transportation complexities, facilitating the cleaning process and tracking assets. CORBI Plastics has approximately 110 employees in the United States.
According to Bill Ash, president of ORBIS Corporation, “Our customers are continually looking to ORBIS for leadership and expertise in ways to reduce their supply chain costs with reusable packaging. This is a tremendous opportunity to meet the diverse and growing needs of the marketplace with an integrated product line and enhanced service levels to support our collective customers. This will expand ORBIS’ service capabilities, with additional locations to better serve a wider group of customers.”
Those interested in further information about ORBIS Corporation’s acquisition can contact Samantha Goetz at 262-560-5364 or via e-mail at email@example.com.
About ORBIS Corporation
ORBIS Corporation is a wholly owned subsidiary of Menasha Corporation. With more than 160 years of material handling expertise and 50 years of plastics innovations, ORBIS consists of a portfolio of businesses that meet the material handling needs of companies across many industries. ORBIS helps world-class customers move their product faster, safer and more cost-effectively. Using a proven approach, ORBIS experts analyze its customers’ systems, design a solution and execute a reusable packaging program for longer-term cost savings and sustainability. Using life-cycle assessments to compare reusable and single-use packaging, ORBIS also helps customers reduce their overall environmental impact. ORBIS is a part of Menasha Corporation, the 3rd oldest family owned business in the United States. As a steward of sustainability, ORBIS is committed to a better world for future generations. ORBIS tracks and measure our own resource utilization to continuously conserve natural resources and reduce waste. For more information, please visit www.orbiscorporation.com, www.facebook.com/ORBISCorporation, or www.youtube.com/orbiscorp.