What New-Indy Containerboard does

New-Indy Containerboard is a privately held U.S. manufacturer of recycled containerboard, virgin kraft linerboard, and converted corrugated packaging products serving industrial packaging customers. The company operates four paper mills and a network of corrugated converting facilities across the United States and northern Mexico, with an end-customer base spanning automotive, agricultural, industrial manufacturing, consumer goods, eCommerce, medical, food and beverage, aerospace, and military sectors. Its products are sold via direct B2B sales relationships to converters and industrial end-users; the company does not disclose pricing or subscription terms.

The company's core production assets include three recycled containerboard mills in Ontario (CA), Oxnard (CA), and Hartford City (IN) with combined capacity of 750,000 tons per year, and one virgin kraft mill in Catawba (SC) producing over 400,000 tons per year of ultra-lightweight kraft linerboard, market pulp, and specialty grades. New-Indy processes more than 1.5 million tons of old corrugated containers annually through its recycled materials business and converts approximately 3.1 billion square feet of corrugated packaging per year across its converting facilities. Manufacturing infrastructure includes co-generation power plants at the California mills (capable of supplying power to thousands of homes and businesses via a Southern California Edison partnership), water reclamation systems, and air emissions control equipment. The company holds SFI, FSC, PEFC, and ATFS chain-of-custody and fiber sourcing certifications.

New-Indy was formed in 2012 as a joint venture between The Kraft Group (Foxborough, MA) and Schwarz Partners LP (Indianapolis, IN) and has since grown primarily through serial acquisitions of paper mills, recycling operations, and converting businesses, including Carolina Container, Forest Resources U.S. operations, TriPAQ, Container Service Corporation, Dixie Reel & Box, the Catawba mill, Proactive Packaging & Display, Shoreline Container, and Reliable Container. The company employs more than 2,000 people across facilities in California, Indiana, South Carolina, North Carolina, Georgia, Michigan, Illinois, and Mexico, and is led by President Scott Conant and CFO Michael D'Anna, both appointed in 2021. Revenue is generated almost entirely through one-time product sales of containerboard, corrugated packaging, and recycled materials, with no disclosed recurring pricing or subscription model.

Name

New-Indy Containerboard

Legal name

New-Indy Containerboard LLC

Website

https://newindycontainerboard.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

New-Indy Containerboard is a privately held U.S. manufacturer of recycled containerboard, virgin kraft linerboard, and converted corrugated packaging, serving industrial customers across automotive, agricultural, manufacturing, and consumer goods sectors via mills and converting facilities across the U.S. and Mexico.

Ownership category

akta.pro rank

Product category

Containerboard and Corrugated Packaging Manufacturing

NAICS

Paperboard Mills (32213), Paperboard Mills (322130), Corrugated and Solid Fiber Box Manufacturing (322211), Other Paperboard Container Manufacturing (322219), Paperboard Container Manufacturing (32221)

SIC

Paperboard Mills (2631), Paperboard Containers & Boxes (2650), Wholesale-Paper & Paper Products (5110)

akta.pro primary industry

Recycled Containerboard (Testliner) Manufacturing (IMAMAFAB)

akta.pro secondary industries

Virgin Containerboard (Kraft Linerboard) Manufacturing (IMAMAFAA), Corrugated Packaging & Boxes (RSC, die-cut, bulk bins) (IMAMAHAA), Paper & Paperboard Packaging Converting & Finishing (Die-Cutting, Gluing, Windowing, Coating) (IMALACAL)

Keywords

• Recycled containerboard manufacturing
• Virgin kraft linerboard
• Corrugated packaging production
• Industrial paper mills
• Market pulp supply

Headquarters

HQ city

Rancho Cucamonga

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Containerboard Manufacturing: Manufacturing and sale of recycled containerboard and virgin linerboard products including corrugated boxes, recycled containerboard and virgin linerboard for the industrial packaging industry
2. Corrugated Packaging Manufacturing: Two full-line corrugated packaging businesses manufacturing shipping containers
3. Recycling Services: Handles more than 1.5 million tons of old corrugated containers per year through recycled materials business

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

New-Indy Containerboard manufactures and supplies recycled containerboard, virgin Kraft linerboard, and market pulp from four paper mills, and converts these into corrugated shipping containers and specialty packaging at multiple converting plants across the U.S. and Mexico. The vertically integrated operations serve industrial packaging customers in automotive, agriculture, industrial manufacturing and consumer goods, handling more than 1.5 million tons of old corrugated containers annually and producing 3.1 billion square feet of corrugated packaging per year.

Product overview

New-Indy Containerboard is an independent, privately-owned manufacturer and supplier in the corrugated packaging industry. The company operates four mills producing recycled containerboard (750,000 tons/year at three mills) and virgin linerboard (400,000+ tons/year at Catawba), with recycled materials handling (1.5 million tons/year) and two full-line corrugated packaging businesses (3.1 billion square feet/year). The product portfolio includes: recycled liner (26#-45# grades), medium (23#-40# grades including wet strength), and virgin Kraft liner (16#-42# grades) from the mills; plus corrugated boxes and specialty packaging through acquired brands including Carolina Container, TriPAQ, Shoreline Container, Reliable Container, Proactive Packaging & Display, Container Service Corporation, and Dixie Reel & Box. The company was established in 2012 as a joint venture between The Kraft Group and Schwarz Partners.

Differentiator

Problem solved

Functional benefit

Products and services

• Recycled Containerboard 100% recycled fiber containerboard produced at three mills (Ontario CA, Oxnard CA, Hartford City IN), with combined annual capacity of 750,000 tons. Sold to converters and industrial packaging manufacturers.
• Recycled Liner 100% recycled liner in grades from 26# up to 45# produced at recycled mills, sold to converters for corrugated packaging manufacturing.
• Medium Medium grades from 23# up to 40#, including Wet Strength Medium in basis weights from 33# to 45#, for corrugated packaging applications.
• Virgin Kraft Liner 100% virgin Kraft liner produced at Catawba mill in grades 16# up to 42#, with capacity over 400,000 tons per year of high-quality, ultra-lightweight virgin linerboard.
• Market Pulp Market pulp produced at the Catawba mill operation for sale to paper manufacturers.
• Corrugated Packaging Full-line corrugated packaging manufacturing with 3.1 billion square feet of shipping containers per year, sold to industrial manufacturers and brand owners across multiple verticals.
• Carolina Container Corrugated Packaging Corrugated packaging business serving eCommerce, medical, food and beverage, consumer goods, industrial products, electronics, aerospace, and military industries. Located in High Point, NC.
• New-Indy Recycling Services Recycled materials business handling more than 1.5 million tons of old corrugated containers per year.
• Reliable Container Custom Corrugated and POP Displays Custom corrugated containers and point of purchase displays produced at facilities in Santa Fe Springs, California and Tijuana, Mexico, serving a broad range of customers.
• Shoreline Container Packaging Solutions Engineering and packaging solutions provider with two state-of-the-art facilities totaling 400,000 square feet in Michigan, with nearly 250 employees.
• Proactive Packaging & Display Retail Graphics Award-winning retail graphics and merchandising with 8-color printing capabilities on Foam-Cor, Gator, sintra, vinyl, wood and floor tiles, serving brand marketers from a 240,000 sq. ft. facility in Ontario, California.
• TriPAQ Custom Corrugated and Specialty Packaging Custom corrugated and specialty packaging capabilities with facilities in Santa Ana and Cerritos, CA, Mexicali, BC and Tijuana, Mexico.
• Container Service Corporation Corrugated Boxes Corrugated box plant headquartered in Ringgold, Georgia, supporting customers in more than 14 states.
• Dixie Reel & Box Corrugated Packaging Complete manufacturer of corrugated packaging and packaging solutions provider based in Charlotte, NC, in business for over 40 years.

Quantifiable outcome

• Processes over 100 truckloads of old corrugated containers daily
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Southern California EdisonminorStrategic or Co-development PartnerPartnership for co-generation power plants at California mill locations. The mills' co-generation facilities supply power to thousands of California homes and businesses through this partnership.
• International Forest ProductscoreStrategic or Co-development PartnerPart of The Kraft Group's paper and packaging division. Provides sales and marketing services for New-Indy Containerboard inquiries.
• Venture LogisticsminorStrategic or Co-development PartnerSupply chain management company of Schwarz Partners consisting of 1,000 tractors, brokerage division moving 2,000 loads per week, and over 1 million square feet of warehouse and cross dock space.
• Chaffey CollegeminorStrategic or Co-development PartnerNew-Indy has partnered with Chaffey College to offer chosen employees a unique Leadership Development Program for employee training and career development.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Georgia-Pacific: Georgia-Pacific is a major privately held North American containerboard, kraft paper, and corrugated packaging producer; New-Indy acquired Reliable Container from GP, underscoring direct product overlap in linerboard and corrugated boxes.
• Packaging Corporation of America: PCA is a large publicly traded integrated containerboard and corrugated packaging producer in the US, directly comparable to New-Indy's recycled/virgin linerboard and corrugated box operations, though significantly larger and fully public.
• Mondi plc: Mondi is a global integrated paper and packaging group with containerboard and corrugated operations across Europe and emerging markets, providing a comparable integrated recycled/virgin model and scale reference for New-Indy.
• Graphic Packaging Holding Company: Graphic Packaging is a leading North American producer of folding cartons and paperboard packaging, comparable to New-Indy's paperboard converting operations and recycled linerboard supply.
• Smurfit Westrock: Smurfit Westrock is the world's largest paper and packaging company, combining Smurfit Kappa and WestRock's containerboard mills, corrugated plants, and recycling operations, making it a direct competitor in both recycled linerboard and corrugated converting.
• Sonoco Products: Sonoco is a diversified global packaging manufacturer with significant presence in corrugated and paper-based industrial packaging, making it comparable to New-Indy's corrugated and recycled containerboard business.
• International Paper: International Paper is one of the largest US producers of containerboard, corrugated packaging, and recycling fiber; New-Indy acquired the Ontario and Oxnard Mills from IP in 2012, and IP remains a direct competitor in recycled liner and box plant operations.

Direct peers

• Cascades Inc. Cascades is a Canadian-headquartered manufacturer of recycled containerboard, tissue, and specialty packaging products, directly comparable to New-Indy's recycled fiber mills and corrugated packaging offerings.
• Caraustar Industries:

Regional players

• Klabin: Klabin is a large Brazilian integrated pulp and paper producer with containerboard, kraftliner, and corrugated packaging operations, providing a peer reference for a family-controlled integrated model similar to New-Indy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries12 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New-Indy Containerboard