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Menasha Packaging Announces Acquisition of Strine Printing Company

Acquisition Enhances Graphic Packaging Capabilities and Merchandising Solutions

NEENAH, WI--(Marketwired - March 31, 2014) - Menasha Packaging Company announced today that it has acquired Strine Printing Company, Inc. of York, Pennsylvania. Both companies are family-owned; terms of the transaction were not disclosed.

According to Mike Waite, president of Menasha Packaging, "The acquisition of Strine Printing Company strengthens our graphic packaging, merchandising and fulfillment capabilities and supports our operations on the East Coast. Customers continue to value Menasha Packaging's full-range of packaging materials and services, and with Strine, we will continue to respond to this growing demand."

"The Strine acquisition is an outstanding strategic fit with Menasha Packaging's focus on providing point-of-sale expertise to targeted customers. The acquisition will allow Menasha Packaging to deliver a broader offering to Strine and existing Menasha Packaging customers, and represents a key step in expanding both our market presence and base of customers," said Jim Kotek, president and CEO of Menasha Corporation.

Menasha Corporation is the parent of Menasha Packaging; its other business is ORBIS Corporation. Strine employs approximately 300 people and is located in York, Pa., where it has a manufacturing plant and two warehouses. 

About Menasha Packaging
Celebrating 165 years in business, Menasha Packaging Company, LLC, based in Neenah, Wisconsin, is a subsidiary of Menasha Corporation and has more than 2,400 employees at locations nationwide. Menasha Packaging is a leading provider of graphic consumer packaging, merchandising solutions, corrugated packaging, food packaging, shipping containers, material handling solutions, pack-out and fulfillment services. With a network of design, sales service centers, corrugated and paperboard manufacturing plants, and fulfillment facilities located throughout the United States, the company's mission is to help its customers protect, move and promote their products better than anyone else. Visit its website at www.menashapackaging.com.

About Menasha Corporation
Menasha Corporation is a leading corrugated and plastic packaging manufacturer and supply chain solutions provider specializing in retail merchandising packaging and displays, plastic reusable containers and pallets, protective packaging interiors, and packaging supply chain and fulfillment services. Menasha Corporation's products and services are used by major food, beverage, consumer products, healthcare, pharmaceutical, industrial and automotive companies. Established in 1849, Menasha Corporation is one of America's oldest privately held, family-owned manufacturing companies. Headquartered in Neenah, Wisconsin, the company employs approximately 4,000 employees in over 75 facilities in North America, Europe and Asia. For more information, visit www.menasha.com.

About Strine Printing Company
Strine Printing Company, Inc. provides prepress, offset printing, digital printing, finishing, and fulfillment services for the production of commercial and marketing materials, point-of-purchase displays, and folding packaging. Its finishing services include diecutting, die shop, display mounting/finishing, commercial bindery, and film laminating services. The company's fulfillment services comprise kitting, just-in-time inventory and shipping services. It also offers commercial products and folding cartons. Strine Printing Company, Inc. was founded in 1947 and is based in York, Pennsylvania.

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