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  Elkhart, Indiana based Welch Packaging Group reported that it has acquired Packaging Specialties (PackSpec) in Romulus, Michigan, PackSpec is a large corrugated sheet plant serving the Detroit marke that has been owned by the Tabor family for the past 54 years.

  “Our business was at an inflection point and this type of opportunity does  not come a long every day,” said GM Jim Gracey. “We were faced with significant capital expenditures, or we could leverage the resources of a larger company and still maintain our family-owned culture, so we chose Welch.”

         Terms of the transaction were not disclosed.
Read additional coverage on Page 1 of the January 15 issue of Board Converting News.
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