Acquisition Expands OX’s Reach into Southeast Region and Increases Capacity
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.
“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. Carolina Paper Tubes Inc., established by Jerry Melton, has been a leader at providing high quality tubes and cores at competitive prices to exact specifications for more than 35 years.
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.