On September 30, 2016 Canadian Overseas Packaging Industries Limited (COPI) announced the acquisition of the business of Corrpak as a going concern. Corrpak has since its inception in 2006 asserted a dominant position in the manufacture of corrugated packaging in Jamaica. COPI is a manufacturer of corrugated packaging with over sixty years of experience in the global market place and with factories in the United Kingdom, East Africa and the Caribbean.
The Shareholders see value in a larger organization which will expand its product lines, have broader technical expertise, aggressively access export markets and improve value and service to its customers in Jamaica and abroad.
Trading as Jamaica Packaging Industries Limited (JPI) the combined operation will be investing in new technology to increase production levels, enhance domestic and export growth and offer greater reliability and value to our Jamaica customers.
Both Corrpak and JPI have invested heavily in developing the skills and expertise of their workforce and will combine these human resources with a larger capital base to assure global competitiveness. In the medium term the acquisition will result in increased employment, diversification of packaging opportunities and added value to Jamaica’s manufacturing Sector.