Hood Container Corporation announced that it has entered into an agreement to buy the packaging assets of Independent II in Louisville, Kentucky.
Independent II’s assets will complement Hood Container’s footprint and create greater converting capacity for Hood Container in the increasingly important Kentucky and Ohio region. The transaction is expected to close in the near future.
Charlie Hodges, President and COO of Hood Container Corporation, commented, “Independent II adds impressive assets and capabilities to Hood Container’s current portfolio. Additionally, its location allows increased presence and growth in markets we currently serve. We are excited to add these capabilities to Hood’s offerings to better serve and care for Hood’s and I2’s existing and new customers.”
Hood Container operates locations in seventeen states.
Hood Container Corporation is a wholly owned subsidiary of Hood Companies, Inc. Hood Companies is a privately owned, closely held holding company and is the parent to operating subsidiaries involved in the manufacture and distribution of forest and wood products, building and construction materials, and flexible and corrugated packaging products throughout North America.
