Contract Packaging

Spring 2014

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4 • C P • M A R C H | A P R I L 2 0 1 4 Equity investor eyes contract packaging opportunities Contract packaging firms seeking to secure funds for market expansion found a potential investment channel at the 2014 Annual Meeting of the Contract Packaging Association in Tucson, AZ. Following his partici- pation in a Retail Packagers Panel discussion on Friday, March 28, Sam Khoury (pictured), operating partner in residence with Dallas-based CIC Partners (www.cicpartners.com), a leading middle-market private equity firm, explained that he was in a position to invest in one or more contract packaging firms. In seeking to partner and provide "strategic capital to leading companies in the food and restaurant industries," Khoury told Contract Packaging that if a particular con- tract packaging firm proves to be a fit with CIC's invest- ment goals, the firm will work with them to understand their customers' needs — including new customers needs, particularly in the foodservice industry where we have many relationships — and develop these companies into collabor- ative, solutions-driven organizations exceeding expectations on quality, innovation and cost." CIC's portfolio includes investments across varied industries, however, foodservice is a particular strength for Khoury, a 20-year management veteran in the food and foodservice business, including deep supply chain experience with Yum! Brands, and in particular the Pizza Hut brand. [ CP] | Around the Industry | Sterling Contract Packaging hits recycling milestone Sterling Contract Packaging Inc. (www. sterlingcpi.com) recycled one million pounds of waste in 2013, which equates to 97% of the waste produced at all of of its facilities. In addition to office and warehouse greening, significant, early reductions in packaging material waste contributed to the effort while also dovetailing with operational efficiency for the Spartan- burg, SC-based company. [ CP] how it works… • we make it simple • we make it fast • we make it profitable 1. Create a list of packaging components you'd like McKernan Packaging to purchase. 2. Contact McKernan Packaging via on-line forms or call a Surplus Rep. for the fastest response. 3. Receive and review the offer from a McKernan Surplus Specialist. 4. Accept Our "We Buy Packaging" Offer. 5. We will arrange and pay for all freight that is part of the offer being purchased. 02_ATI_0414.indd 4 3/18/14 3:27 PM

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