Conner Industries Acquires Guardian Packaging - Modern Distribution Management

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Conner Industries Acquires Guardian Packaging

The deal marks the company’s fourth investment in the expansion of their integrated packaging division.
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Fort Worth, Texas-based industrial packaging supplier Conner Industries, Inc., announced that is has acquired Garland, Texas-based Guardian Packaging Industries, LP, a foam cutting specialist and an integrated packaging provider that combines wood, foam and corrugate components.

This acquisition marks Conner Industries’ fourth investment in the expansion of its integrated packaging division, which includes facilities in Lewisburg, Tennessee; Tulsa, Oklahoma; and Guthrie, Kentucky.

“With 65,000 square feet of indoor manufacturing space, Guardian Packaging serves as an ideal facility to broaden our integrated packaging offerings to both new and existing customers, in addition to expanding into military, defense, and other new verticals,” said David Dixon, CEO of Conner Industries. “This acquisition exemplifies Conner’s commitment to providing customers with the ability to protect their goods throughout transportation and handling and is an important strategic development for us in the Dallas/Fort Worth Metroplex. Conner continues to grow profitably, and expand geographically and into other industrial, manufacturing, and military sectors. Our balance sheet is strong, and we are proud that we have been able to close this acquisition with Conner’s own cash resources.”

The new facility is expected to serve large manufacturing customers with industrial packaging and military SPEC non-metallic component products, utilizing a broad range of materials, including wood, foam, plastic, and corrugate, and will continue to be a major provider of custom cut foam for military drones.

“We believe that Conner, one of the dominant players in the industrial packaging space, is a perfect fit for Guardian Packaging as they continue to expand their reach into growing markets in the Dallas area,” said Norm Stuart of Guardian Packaging. “Together, Conner and Guardian will continue to provide protective packaging, foam, and foam tape customers with the highest standard of customer service while providing solutions that meet a demanding transportation and handling environment.”

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