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SupplyOne expands Midwest footprint with acquisition of Wertheimer Box
Yahoo Finance· 2026-01-06 15:25
Company Overview - SupplyOne Inc. has acquired Wertheimer Box, an 86-year-old corrugated packaging provider, to strengthen its presence in the Midwest and expand custom packaging capabilities [1] - Wertheimer Box specializes in custom shipping boxes, branded packaging, e-commerce mailers, and point-of-purchase displays, operating a 303,000-square-foot plant with around 50 employees [1] - SupplyOne operates more than 50 locations across the U.S. and Canada, providing custom corrugated, foam, wood, and plastic packaging solutions [2] Acquisition Details - The acquisition of Wertheimer Box is SupplyOne's 46th since its founding in 1998, although the terms of the transaction were not disclosed [3] - Doug Wertheimer, President of Wertheimer Box, stated that joining SupplyOne will provide access to broader logistics and national resources while maintaining the company's local culture and customer focus [4] Industry Outlook - The packaging industry has faced significant layoffs and facility closures over the past year due to economic challenges, consolidation, and realignments, with major companies announcing layoffs and restructuring [5] - Despite these challenges, the outlook for corrugated and broader packaging markets is gradually improving, particularly in the Midwest, as indicated by recent earnings data [6] - Segments tied closely to e-commerce and automation have shown greater resilience, with companies like Sealed Air reporting earnings growth and flexible packaging producers like Amcor seeing stable demand from food, beverage, and healthcare sectors [7]