News Releases / 2018

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  • May 7, 2018

    Rengo Subsidiary Tri-Wall Invests in Manufacturer of Heavy Duty Packaging Materials in the United States

    Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that its consolidated subsidiary Tri-Wall Limited (Head Office: Hong Kong; Chairman: Yuji Suzuki) has acquired an 80% membership interest in Aldez Containers, LLC through Tri-Wall’s wholly-owned subsidiary.

    Aldez Containers is a manufacturer of heavy duty packaging materials in the United States with its head office in the state of Michigan. Besides its head office, Aldez Containers has plants in the states of Texas, Ohio, and Kentucky within the United States. It manufactures and sells packaging materials—such as heavy duty corrugated packaging—mainly to manufacturers of automobile components.

    Rengo carries out its packaging materials business related to heavy duty corrugated packaging mainly in Asia and Europe through the Tri-Wall Group. With the manufacturing sector, including the automobile industry, expected to return to the United States, TW Michigan Inc. was established last year to take the first step towards full-scale business in the United States.

    By adding Aldez Containers as a new business location, Rengo hopes to strengthen its supply system in the United States to further expand its business.


    Overview of Tri-Wall Limited

    Address

    19/F., Ka Wah Bank Centre 232 Des Voeux Road Central,
    Sheung Wan, Hong Kong

    Representative Yuji Suzuki
    Main business Headquarters of the group’s heavy-duty packaging business

    Overview of Aldez Containers, LLC

    Address

    4260 Van Dyke, Suite 109, Almont, Michigan 48003, U.S.A.

    President Diane Copek
    Equity investors Tri-Wall Group (80%) and others
    Main business

    Manufacture and sales of packaging materials such as heavy duty corrugated packaging

    Net sales 13.689 million U.S. dollars (approx. 1,497 million yen) (actual sales in fiscal 2017)
    Plants

    Texas

    3343 N. PanAm Expressway, San Antonio, Texas 78219, U.S.A.


    Ohio
    615 Agner Road, Ottawa, Ohio 45875, U.S.A.


    Kentucky
    112 Village Way, Lebanon, Kentucky 40033, U.S.A.