OX Industries has acquired Tuxedo, NC paper tube and core manufacturer Carolina Paper Tubes Inc. OX will invest over $1 million in new state-of-the-art equipment for increased capacity, improved quality and faster service at the North Carolina site.
ByLesprom Network
Mar 18, 2015. /Lesprom Network/. OX Industries has acquired Tuxedo, NC paper tube and core manufacturer
Carolina Paper Tubes Inc. The facility is OX’s sixth production facility, and
the acquisition continues the strategy of vertically aligning converting
production with OX’s paper mills that manufacture high strength 100% recycled
tube and core paperboard, as the company said in the press release received by
Lesprom Network.
OX will invest over $1 million in new state-of-the-art equipment for
increased capacity, improved quality and faster service at the North Carolina site. The location
allows for OX’s expansion into the Southeast region for converted products.
“We are proud to continue providing quality products and services as we
build on the foundation that the Melton Family has built since 1978,” stated
Kevin Hayward, OX Industries President.
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