Foam Fabricators Inc., a maker of foam packaging products, has formed a partnership with paperboard manufacturer Rational Packaging LLC.
Springfield, Tenn.-based Rational Packaging specializes in paperboard structural packaging components with a unique "wave pattern" allowing for improved stacking strength alongside recyclablility.
Terms of the deal were not disclosed.
The move will further diversify product categories for both companies.
"As we continue to take purposeful steps forward in our transformation to a full-service packaging solutions provider, we are thrilled to further expand our partnership with Rational Packaging through this strategic investment," Foam Fabricators CEO James K. Hughes said in a Sept. 9 statement.
The Scottsdale, Ariz.-based packager acquired fellow foam products maker Polyfoam Corp. in early July in an effort to continue growing the business, adding product offering.
These moves follow Foam Fabricators' acquisition by Compass Diversified in 2018.
Foam Fabricators was founded in 1957 and now operates 16 facilities across North America. The firm makes components used in protective packaging, OEM components and temperature-controlled containers. Its end markets include appliances, pharmaceuticals, automotive and building products.