Welch Packaging of Elkhart, IN announced this month that it was acquiring their smaller competitor named Indiana Corrugated. Indiana Corrugated is based in Marion, IN, which is approx. 80 miles southeast from Welch’s headquarters.
The merger seems to be a solid fit operationally, as both companies are engaged in the manufacture and design of corrugated boxes and other related packaging products. Indiana Corrugated has 44 employees.
Welch Packaging was founded in 1984 and has grown rapidly over the past three decades through strategic acquisitions, having completed 10+ since it was founded. This acquisition will bring Welch Packaging to over 500 employees and eight locations nationwide.