RICHMOND, Va., April 20, 2016 /PRNewswire/ -- Liqui-Box, a world leader in flexible liquid packaging solutions, today announced over $4 Million of investments for two of its packaging manufacturing facilities. Liqui-Box will install three new high capacity, multi-lane bag machines and 1 new single lane bulk bag production line. These new, state-of-the-art equipment upgrades will be installed at the Sacramento, California and Ashland, Ohio manufacturing locations.
"We remain focused on continuously improving our manufacturing facilities and leading the way with new state-of-the-art equipment across all of our sites. These additional investments will address the increasing demand of our customers and deliver further quality enhancements for our Bag-in-Box offerings," said Ken Swanson, President and Chief Executive Officer.
Liqui-Box's continued focus on upgrading manufacturing and operational capabilities ensures the company continues to lead the liquid packaging market with innovative solutions and deliver superior products to meet customers growing needs.
The partnership with Olympus Partners positions Liqui-Box for strong, continued growth as they move forward. "We are fully committed to growing this business organically and through strategic acquisitions and excited to support the Liqui-Box team with these initial investments into the existing facilities," commented Manu Bettegowda, Olympus Partners.
For more information on products and services from Liqui-Box please visit www.liquibox.com.
Liqui-Box is the leading innovator of sustainable packaging solutions for quick, fresh and cost efficient delivery of liquid and semi-liquid products. Liqui-Box manufactures bag-in-box flexible packaging and pouches to serve a wide variety of global industries, including dairy, beverage and food and non-food markets. Applications include fountain beverage syrup, milkshake mix, coffee drinks, pumpable liquid foods such as concentrates and sauces, as well as non-food products like oils and paints. Liqui-Box offers the fastest filling equipment in the industry, along with consumable packaging, including film substrates, bags with fitments, and pouches. Liqui-Box is a portfolio company of Olympus Partners, a Stanford based middle market private equity firm with over 25 years experience improving and growing packaging and other industrial businesses.
Contact: Paul Kase
VP, Marketing & Strategy