Packaging thermoformer Mullinix acquired by private equity firm


Private equity firm Mason Wells has acquired thermoformed packaging manufacturer Mullinix Packages Inc. from the family of its founder, SPE's 2008 Thermoformer of the Year, George Lueken, who passed away at the age of 82 in June. Mullinix extrudes and forms CPET, APET and PP sheet into clamshells, trays, cups and lids for the food processing, retail and restaurant industries. In 2010, it added an 80,000-sq-ft plant in Miami Lakes, FL, joining its headquarters and original site in Ft. Wayne, IN, which has 200,000-sq-ft of manufacturing and 200,000-sq-ft of warehouse and distribution space. The company is currently undergoing $4 million 292,000-sq-ft expansion at its Ft. Wayne location, according to Mason Wells.

The Fort Wayne site runs 24/7, and the Miami Lakes, FL plant climate-controlled Grade A dairy certified facility to manufacture the company's new mx Sleeve-Redi line of products is manufactured. The company has inline extrusion of sheet, directly feeding thermoforming equipment, as well as offline extrusion set ups. The company runs prototype, 30-, 40-, and 50-inch thermoformers, with a up to 100 psi of air pressure, allowing deep draw parts....
Read more