Ox Industries Acquires Corex US, LLC in Stevens Point, Wisconsin
February 15, 2021
HANOVER, PA. (News release) -- Ox Industries has acquired Corex US, LLC. The Corex facility, located in Stevens Point, Wisconsin is a manufacturer of spiral wound tubes and cores customized for any application. This facility adds high strength paper core production technology for plastic film and paper mills to the Ox converted product line.
Ox Industries is again furthering their reach with converted products in the Midwest. Kevin Hayward, Ox Industries' CEO stated, "We couldn't be happier about this acquisition. The Stevens Point facility expands our converted products footprint in the Midwest, and we're adding a solid team to our organization. We welcome the employees and anticipate great things out of this facility."
The Corex US facility will be vertically integrated within the Ox paper mill network and immediately operational.