FORT WASHINGTON, PA — PaperWorks Industries Inc. has acquired Color Craft Graphic Arts, a Wisconsin-based packaging producer with a long history serving food, beverage, and household goods brands. The deal expands PaperWorks’ folding carton network and adds 120 employees to its growing North American footprint.
Color Craft, founded in 1929 and headquartered in Manitowoc, brings a packaging facility that PaperWorks says aligns well with its integrated mill system and customer base. With the acquisition, PaperWorks now operates two paperboard mills and six converting facilities across the United States and Canada.
“This acquisition aligns with our strategy of growth and further supports our ongoing investment and commitment to our customers,” said Brian Janki, president and CEO of PaperWorks. He noted that Color Craft offers strong geographic alignment, a diverse mix of clients, and a cultural fit that supports long-term expansion.
Color Craft’s president and CEO, Gregg Weber, will join PaperWorks as part of the transition. Weber said the move creates new opportunities for the Manitowoc team within a larger network, giving customers access to deeper mill integration and broader resources.
The transaction marks another step in PaperWorks’ push to build a fully integrated packaging platform at a time when demand for specialized folding cartons is growing across consumer goods markets. Color Craft was advised by Mesirow on the transaction.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.