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Golden West Packaging Acquires Fleetwood-Fibre Packaging & Graphics

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Golden West Packaging Group LLC, Atlanta, Ga., USA, has acquired Fleetwood-Fibre Packaging & Graphics, City of Industry, Calif., an independent packaging producer. Golden West is a holding company created in 2017 to assemble and grow a high-performing, mill-independent packaging business. This acquisition follows Golden West’s June 2017 acquisition of Northern California-based independent packaging producers. 

Fleetwood-Fibre CEO and Chairman John Webb, and President Brad Jordan, said in a joint statement that "joining Golden West enables us to reinforce the high-end customer service and support, as well as the high-impact design and printing solutions, our customers have come to expect. In addition, it enables us to further enhance our manufacturing infrastructure and production efficiency. By providing access to ample capital and Golden West’s expertise in building high-performance packaging companies, the future is bright for our customers and employees." 

Webb, who has elected to retire, added that "Fleetwood employees and our valued customers are in excellent hands for the future." Jordan and his management team will continue to lead Fleetwood. 

Golden West CEO Steve Strickland said t hat "John Webb helped establish Fleetwood as a premier customer-focused packaging designer and printer, based on the understanding that excellent consumer packaging is a competitive advantage. On that basis, Fleetwood-Fibre is a perfect fit with Golden West. We are committed to working with Brad Jordan and the entire Fleetwood team to ensure that their excellent customer service and support, and high-impact design and printing solutions, remain the best available. In addition, we are highly energized to leverage our own experience in manufacturing excellence to help them transform into a high-performance manufacturer." 

Fleetwood provides high-impact packaging solutions through industry leading capabilities that include high graphic corrugated packaging, POP displays, folding cartons, thermoformed plastic packaging, and brown box corrugated solutions. It serves strong-growth consumer markets in the food, beverage, health, medical, pharmaceutical, beauty, consumer product, agriculture, and wine industries. It is well-positioned to serve these markets, with extensive structural and graphic design capabilities, and up to seven color printing capabilities. It is equipped with top-of-the-line flexographic, offset, digital printers, and highly skilled staff. In addition, it offers a full-service solutions suite that includes assembly, fulfillment, warehousing, just-in-time delivery, and customer service and support. 

Fleetwood is strategically located in City of Industry, a major ground transport hub, 35 miles from the Port of Los Angeles, with additional warehousing capabilities in Tijuana, Mexico. In addition, it owns 20% of GoldenCorr LLC, a high-quality sheet feeder in City of Industry that provides Fleetwood with supply chain economy, efficiency, and independence. Fleetwood’s Asia-based division, Impact MFG, designs, sources and manufactures high-impact, cost-effective packaging solutions that are not easily sourced or economically feasible in the U.S. Impact MFG is strategically located in Dongguan, China, a major manufacturing and export hub and is a valued complement to Fleetwood’s domestic capabilities. 

Golden West’s executives have worked together for three decades building high-performing packaging businesses. The team includes Executive Chairman Steve Klinger, CEO Strickland, and Chief Administrative Officer Craig Hunt. The executives are also involved in Crown Paper Group Inc., which includes Port Townsend Paper Company (Port Townsend, Wash.), a supplier to Golden West; Crown Packaging (Vancouver, B.C., Canada), Boxmaster (Vancouver, B.C.), and Montebello Container (Los Angeles). In addition, they have held senior management roles at Smurfit Stone Container Corp., Georgia-Pacific, and Unisource. 

Golden West is a holding company created in 2017 by Lindsay Goldberg LLC for investments in the packaging industry. Lindsay Goldberg is a private investment firm managing approximately $13 billion of equity capital that partners with founders, families, and entrepreneurs to actively build their businesses

 

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