Tuesday, July 25, 2017 11:15 am

CHARLOTTE, N.C. -- Carolina Container LLC, a wholly owned subsidiary of New-Indy Containerboard LLC, has acquired Dixie Reel & Box Company, a complete manufacturer of corrugated packaging and a provider of packaging solutions.

Terms of the deal were not disclosed.

Dixie Reel & Box Company is based in Charlotte, North Carolina and has been in business for more than 40 years, most recently operating as a division of Lone Star Container, based in Dallas, Texas.

Carolina Container said in a news release, "Dixie Reel's long standing history of providing high quality packaging solutions coupled with strong customer service makes it a perfect fit with the Carolina Container service model. The acquisition of Dixie Reel expands Carolina Container's footprint in the Southeastern U.S. and expands market share across key customer verticals. By joining the Carolina Container plant network, Dixie Reel will be able to invest in new equipment and additional jobs."

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