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Consolidated Container Company continues to prosper

North America, Beauty, Personal Care, Eating, Drinking, Home Care, Primary Packaging, Plastic

Perhaps it was that pint of gelato you demolished on a midnight fridge raid. Maybe you were doing laundry, changing your car’s motor oil, or sudsing up with your favorite luxe shampoo. We can’t be exactly sure what you were doing, or when (we won’t ask why), but we are confident that at some point you’ve interacted with a product developed and manufactured by the Consolidated Container Company, one of the country’s foremost developers of rigid plastic packaging.

With a customer base that includes brand-name producers in the beverage, food, dairy, water, nutritionals, automotive, household, and specialty chemical industries, it is a certainty that you’ve seen Consolidated’s inimitable contribution to the success of those brands. Every year, Consolidated produces over 4.5 billion rigid plastic containers.

Headquartered in Atlanta, Consolidated employs 2,400 people in 60 manufacturing plants throughout the country. With revenues of approximately $1BN, the company is enjoying a period of healthy growth, supported by their new parent, the Loews Corporation.

Patrick Keese, Consolidated’s SVP and general manager of the Consumer and Industrial Division told BOSS,

“We are focused on inorganic growth, which means acquisitions, as well as organic growth, whereby we develop new products to serve our customers better. We intend to grow significantly in the coming years.”

Loews, whose investments include CNA Financial, Diamond Offshore, Boardwalk Pipeline, and Loews Hotels, is in full support of those plans. According to Mark Shafer, SVP and general manager of the Beverage Division, “Loews is what I would call a generational investor. They invest for the long-term. They're not a private equity firm that hopes to get out in five years; they like to buy and hold for decades.”

On that track, Consolidated recently completed two acquisitions:  having further grown its Canadian footprint with the acquisition of Canadian blow molder Deltapac; and increased its breadth of products and locations by acquiring the water bottle manufacturer Polycycle Solutions.

  • Company News
  • English
  • Modified 15 Mar 2019
  • Hits 220
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