Crown Paper Announces Promotions, Investments, Improvements at Montebello Container

Crown Paper Group Inc., Atlanta, Ga., USA, has announced executive promotions, capital investments, and performance improvements at Montebello Container Corp., the Southern California based corrugated sheet producer it acquired in September 2015. 

Crown CEO Steve Klinger said that "when Crown acquired Montebello in 2015, we were energized to work with their team. They had built a fine business over five decades. We were confident that they could leverage Crown’s experience in building excellent packaging businesses, and our access to capital, to execute upgrades and improve performance. 

"In that light, Crown is pleased to announce that Anthony Salcido has been promoted to chairman of Montebello, and Larry Vas has been promoted to president of Montebello. Under their leadership, Montebello integrated seamlessly with our Port Townsend Paper mill to ensure product continuity; continued providing quality, timeliness, and responsiveness that customers demand; improved productivity; and executed successful upgrades," Klinger pointed out. 

In 2016, Montebello increased production more than 20% and implemented an operational excellence program. The La Mirada, Calif., sheet feeder facility installed an automated dry end from Fosber, a conveyor from C&M, and unitizers from Signode; and implemented a maintenance expenditure program that significantly improved the wet end, starch system, and shipping area. The Pico Rivera, Calif., sheet feeder facility improved safety, quality, and waste; and the Santa Fe Springs, Calif., sheet plant improved safety and waste.

 

Crown Paper Group is a holding company for investments in the paper and packaging industries. Its executive leaders have worked together in the paper and packaging industry for a century and a half collectively building high performance businesses. Crown has the resources to invest in building businesses over the long term. It was created in 2015 by Lindsay Goldberg, an investment firm that manages $14 billion of equity capital, partners with well-managed businesses, and actively helps them build long term value.