Guest ContributorWinCup, Inc., a leading national manufacturer of disposable foodservice products, announced it has acquired ConverPack Inc., a global producer of hot and cold paper cups, a move that significantly advances the company’s sustainability goals and expands its paper manufacturing at its plant in Tolleson, Ariz. and.
The acquisition enables WinCup to strengthen its position in the $3 billion annual paper cup market while growing production of its phade line of marine biodegradable, home- and industrial-compostable paper cups. The phade hot drink cups, which are available at Walmart stores nationwide, degrade in a matter of months and return to the earth in most environments.
“At WinCup, we have a long history of setting the standard for environmental responsibility,” said Brad Laporte, CEO of WinCup. “Acquiring ConverPack will vastly expand hot and cold cup production, as well as help grow our phade® line of PHA-coated paper cups. This strategic acquisition allows us to remain environmentally focused through innovation and meet our customers’ demands for advanced, plastic-free alternatives as well as traditional foodservice products.”
Founded more than 50 years ago, WinCup is best known today for its leadership in sustainable disposable products such as Vio® and phade®, while maintaining a legacy in traditional foam cups and containers.
WinCup’s commitment to sustainability was reinforced in 2020, when Los Angeles-based investment firm Atar Capital acquired the company. Atar’s core principles include environmental stewardship.
In Arizona, where manufacturing represents a vital and growing component of the state’s economy, the move drew praise from industry advocates.
“This acquisition underscores the Arizona manufacturing sector’s ability to innovate, adapt, and lead on sustainability,” said Grace Appelbe, executive director of the Arizona Manufacturers Council. “Companies like WinCup are proving that environmental responsibility and industrial competitiveness can go hand in hand. It’s an exciting example of the future of American manufacturing.”
The Tolleson manufacturing facility is one of eight that the company operates.
Images courtesy Wincup.
Add comment