Pregis buys MP Global packaging division, keeps Norfolk plant operating

A Norfolk manufacturing operation that produces paper-based thermal packaging for temperature-sensitive shipments has been acquired by a national packaging company, with jobs and local leadership expected to remain in place.

The Norfolk Daily News reports, Chicago-based Pregis announced that it had acquired MP Global Packaging, the paper-based thermal packaging division of Norfolk-based MP Global Products. The acquisition includes manufacturing facilities in Norfolk and New Albany, Indiana, which employ around 110 people combined…

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