Corrugated Specialties of Fort Smith, a manufacturer of corrugated boxes and specialty packaging items, announced on Tuesday that it is purchasing Century Corrugated Container Corp. of Kilgore, Texas.
This is the company's third acquisition in its 47-year history and first out-of-state acquisition. “Our product offerings are similar and we felt like the timing was right to add to our capacity,” said Chairman and CEO Paul Henson in a news release.
The Kilgore operation is an 86,000-SF plant with 12 employees and plans to add 40 full-time employees by the end of 2017. It will continue serving the Shreveport, Dallas and Houston markets.
Corrugated Specialties has a 90,000-SF manufacturing and warehouse facility at 4700 Wheeler Ave. in Fort Smith and employs 60 people