Welch Packaging has acquired Innovative Packaging Solutions (IPS) in York, PA. Specific terms of this agreement were not disclosed.
With operations currently in the Midwest and Midsouth, this acquisition expands Welch’s footprint into the Mid-Atlantic region of the United States.
IPS is a corrugated manufacturer and packaging solutions provider known for their industry-leading service, commitment to customers, and special niche in the reel business. Established in 2000 by Chuck Kelley and Mike Rentzel, the company was created to provide high-end corrugated design services. In 2013, Kelley and Rentzel made the strategic decision to partner with Todd Witte, merging IPS with another corrugated production company, Packaging Control Corporation (PCC). Today, the company boasts a full suite of corrugated packaging products, capabilities, and design services.
“We are excited to welcome IPS to the Welch Packaging family of businesses,” commented Scott Welch, President and CEO, Welch Packaging, “IPS has a strong tradition of quality products and commitment to customers, which closely aligns with our core values. Furthermore, adding the corrugated reel business to our product portfolio will enhance our mission to provide the ultimate corrugated experience for our customers.”
Kelley will continue to oversee the business as the General Manager. He comments, “Becoming a part of Welch Packaging’s network will be a huge benefit to us. The partnership will enable us to provide more comprehensive packaging solutions and resources to our customers, while maintaining the exceptional level of service they’ve come to expect from IPS.”