Grand Rapids, MI-based UFP Industries, Inc., has confirmed that its affiliate, UFP Packaging, LLC, has acquired Titan Corrugated, Inc. and its affiliate All Boxed Up, LLC, a corrugated box distributor. The combined companies had sales of $46.5m through to the end of October 2022.
Founded in 2003 by Jon Reneau, Titan’s primary products include boxes used in moving and storage, jumbo boxes for industrial products, corrugated shipping containers, and point-of-purchase displays. All Boxed Up distributes common box sizes manufactured by Titan throughout the U.S.. Titan operates a highly automated facility in Flower Mound, Texas. Reneau and his leadership team will remain with the company.
“We are thrilled that the Titan companies have joined UFP Packaging as our cornerstone corrugated conversion facility,” said Chuck Krawczak, VP, UFP Packaging. “Jon and his team built a model that we plan to replicate in target geographic markets where we can utilize both customer and distribution synergies. Titan’s operations are highly automated and overseen by talented team members dedicated to serving the customer. We can learn from their use of automation and robotics, and Titan will benefit from our support staff, capital and extensive customer base.”