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Packaging Corp. of America (NYSE: PKG), Lake Forest, IL, has agreed to acquire Columbus Container Inc., Columbus, IN, for $100 million.
The acquisition includes a full-line corrugated products facility located in Columbus, IN, five warehousing facilities and other related operations located in Indiana and Illinois.
“Following our acquisition of Timbar, this acquisition will further enhance our operations both geographically and strategically through additional integration and optimization of our warehousing and logistics capabilities,” said CEO Mark Kowlzan.