Airlite Plastics Co. - Acquires KODIAKOOLER®

MOORESVILLE, N.C. & OMAHA, Neb. - Aug. 13, 2019 - PRLog -- Airlite Plastics Co. acquired KODIAKOOLER® on August 3, 2019, expanding its industry presence and product line offering of reliable, sustainable and innovative packaging for temperature-sensitive products.

KODIAKOOLER, a privately held company headquartered in Mooresville, North Carolina, is an insulated packaging company that has been serving and leading the industry since 2005.  KODIAKOTTON® is a brand of KODIAKOOLER sustainable products that are reusable, recyclable and biodegradable.

KODIAKOOLER will continue to be headquartered in Mooresville, North Carolina and sell under its KODIAKOOLER name. For more information, please visit: www.kodiakooler.com

"We are delighted to welcome KODIAKOOLER to our family of performance based, innovative products," said Brad Crosby, President and CEO of Airlite Plastics. "This strategic acquisition allows Airlite to expand its growth in temperature-sensitive products. Bob Menzel and his staff have created a world class business, and together with Airlite, we can offer customers a variety of innovative and sustainable temperature-sensitive products."

"Our companies share a business culture and passion for developing quality temperature-sensitive products that are both functional and environmentally friendly," said Bob Menzel, founder of KODIAKOOLER. "We are proud to join forces with Airlite Plastics Co."

The companies finalized the acquisition on August 3, 2019, and the terms of the agreement remain private.

MBS Advisors of Florence, MA advised Airlite Plastics Co. in connection with the transaction.

#   #   #

About Airlite Plastics Co.

Airlite Plastics Co. is a privately held, family-owned company, headquartered in Omaha, Nebraska for more than 73 years. Its product lines include containers and lids for food packaging, drink cups and lids, as well as polystyrene coolers, insulated concrete forms (ICF) building blocks, a permeable paving system and other custom plastic products. For more information, please visit www.airliteplastics.com.

About KODIAKOOLER®

KODIAKOOLER® is an insulated packaging company that has been providing temperature-sensitive solutions to large and small customers since 2005. Through innovations such as KODIAKOTTON® sustainable natural fiber products and time-saving KWIKPACK® technology, KODIAKOOLER stands as the industry leader in temperature-sensitive packaging. For more information, visit https://kodiakooler.com/.

Contact
Ryan Corbin
***@kodiakooler.com


Photos: (Click photo to enlarge)



Click to Contact
Latest News

Shard reveals how Cyprus' ancient kingdoms managed economy

Aug 23, 2019

NICOSIA, Cyprus — The discovery of a small clay shard inscribed with a partial inventory of goods at a 2,500-year-old citadel suggests that Cyprus' ancient city states "more than likely" managed their economies using a homegrown system, not an imported one, an archaeologist said Wednesday. University of Cyprus Professor Maria Iacovou told The Associated that the recent discovery at the ancient kingdom of Paphos on Cyprus' southwestern coast refutes the notion that Cypriot city states managed their economies based on systems brought over from foreign kingdoms, like those of neighboring Phoenician city states. The inscription on the shard was in...

Scientists say monster penguin once swam New Zealand oceans

Aug 23, 2019

WELLINGTON, New Zealand — Scientists in New Zealand said Wednesday they've found fossilized bones from an extinct monster penguin that was about the size of an adult human and swam the oceans some 60 million years ago. They said the previously undiscovered species is believed to have stood about 1.6 meters (5 feet 2 inches) tall and weighed up to 80 kilograms (176 pounds). It's believed to have been one of several species of giant penguins that thrived soon after dinosaurs died out. The findings were published this week in "Alcheringa: An Australasian Journal of Palaeontology." Paul Scofield, a co-author...

Gazans struggle to protect antiquities from neglect, looting

Aug 23, 2019

KHAN YOUNIS, Gaza Strip — Walid al-Aqqad's Gaza home would be the envy of many an antiquities collector. Pieces of Corinthian columns greet visitors in the backyard. Inside, hundreds of ancient pots and other artifacts hang on the walls or are arranged helter-skelter on shelves. They are remnants of five millennia of Gaza's history, from the Bronze Age to the Islamic caliphates and on down to the years of Ottoman and British rule in the 20th century. A sliver of land on the Mediterranean, Gaza was a major trade route between Egypt and the Levant going back to ancient times....

T-Mobile's $26.5B Sprint deal OKed despite competition fears

Aug 23, 2019

WASHINGTON — U.S. regulators have approved T-Mobile's $26.5 billion takeover of rival Sprint, despite fears of higher prices and job cuts, in a deal that would leave just three major cellphone companies in the country. Friday's approval from the Justice Department and five state attorneys general comes after Sprint and T-Mobile agreed to conditions that would set up satellite-TV provider Dish as a smaller rival to Verizon, AT&T and the combined T-Mobile-Sprint company. The Justice Department's antitrust chief, Makan Delrahim, said the conditions set up Dish "as a disruptive force in wireless." But attorneys general from other states and public-interest...

US attorney general says encryption creates security risk

Aug 23, 2019

NEW YORK — U.S. Attorney General Bill Barr said Tuesday that increased encryption of data on phones and computers and encrypted messaging apps are putting American security at risk. Barr's comments at a cybersecurity conference mark a continuing effort by the Justice Department to push tech companies to provide law enforcement with access to encrypted devices and applications during investigations. "There have been enough dogmatic pronouncements that lawful access simply cannot be done," Barr said. "It can be, and it must be." The attorney general said law enforcement is increasingly unable to access information on devices, and between devices in...

About Us

Science Thread delivers quality and fascinating science and technology content that matters on a daily basis and makes it go viral.

Contact us: sales@sciencethread.com