Liberty Diversified International

What Liberty Diversified International does

Liberty Diversified International (LDI) is a privately held, family-owned diversified manufacturer founded in 1918 and headquartered in New Hope, Minnesota. The company operates through four core business units: Liberty Paper (100% recycled paper production from old corrugated containers at a mill in Becker, Minnesota), Liberty Packaging (custom and standard corrugated packaging plus integrated supply chain solutions), Liberty Plastics (corrugated plastic products including the patented Wave-Core™ technology and the Quarrix® building/roofing brand), and Safco Products (workspace furniture including the Onsemble adaptive furniture line). Across roughly 2,000 employees and 21 facilities in 10 U.S. states and Mexico, LDI runs a vertically integrated closed-loop manufacturing model in which its in-house paper mill supplies recycled feedstock to its packaging operations, processing 275,000 tons of old corrugated containers annually and saving an estimated 4.7 million trees per year.

Technology and product differentiation rest on patented Wave-Core™ corrugated plastic, Dreamworks Coating Solutions for functional and decorative paper/packaging coatings, and SFI, FSC, and PEFC-certified sustainable paper products. LDI's go-to-market is sales-led through direct enterprise sales teams with dedicated sales leaders and general managers per business unit, supported by a VP of Business Development. Pricing is custom quote-based, billing occurs via multi-year contracts, and distribution combines direct enterprise sales with a Safco e-commerce storefront and primary-vendor embedded supply programs. Customer segments span paper and packaging manufacturers, industrial manufacturers, building products/construction (Quarrix), and workspace/office environments, with notable enterprise relationships including 3M, which LDI supplies across 9 facilities with 3,500+ custom SKUs.

The company generates approximately $800 million in annual revenue (per January 2026 disclosures) from hardware sales across all four divisions. LDI remains family-controlled, with third-generation Chairman Mike Fiterman working alongside newly appointed CEO Jim Morgan (effective January 12, 2026), who brings prior CEO experience across multiple paper and packaging companies including DS Smith and Gaylord Container. Operational certifications and recognitions include ELSSA (Mexican workplace safety), EcoVadis (sustainability score +20 points), SFI sourcing, and 2025 Top Workplace in Minnesota (Star Tribune).

Name

Liberty Diversified International

Legal name

Liberty Diversified International, Inc.

Website

http://www.libertydiversified.com

Company type

Private

Founded year

1918

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Liberty Diversified International is a privately held, family-owned diversified manufacturer founded in 1918, operating across recycled paper, corrugated packaging, corrugated plastics including roofing, and office furniture. It serves enterprise and industrial customers in the U.S. and Mexico, generating approximately $800 million in annual revenue.

Ownership category

akta.pro rank

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Paper Products: Revenue from 100% recycled paper production sold to manufacturers and packaging companies. Liberty Paper operates a mill in Becker, Minnesota serving the upper Midwest.
2. Corrugated Packaging: Custom and standard corrugated packaging solutions through Liberty Packaging. Includes integrated supply chain solutions and custom packaging SKUs.
3. Corrugated Plastics and Building Products: High-performance Wave-Core plastic products and Quarrix branded roofing and building materials. Includes patented designs for roofing applications.
4. Office Furniture and Workspace Solutions: Safco Products and Onsemble adaptive furniture solutions for workspaces, educational, and industrial environments. Includes workstations, seating, tables, storage, and accessories.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels9 records

Core offering

Liberty Diversified International is a diversified manufacturer producing 100% recycled paper, custom corrugated packaging with integrated supply chain solutions, corrugated plastic products and branded roofing/building materials (Quarrix), and office/workspace furniture (Safco, Onsemble). The company operates a closed-loop manufacturing model in which Liberty Paper's mill recycles 275,000 tons of old corrugated containers annually into new paper that feeds Liberty Packaging's box production, serving enterprise manufacturers, building-products distributors, and commercial/educational workspace customers across the United States and Mexico.

Product overview

Liberty Diversified International operates as a diversified manufacturing company with four core business units: Liberty Paper (producing 100% recycled paper and Dreamworks coating solutions), Liberty Packaging (custom packaging and supply chain solutions), Liberty Plastics (corrugated plastic products including Quarrix roofing brand), and Safco (workspace furniture including Onsemble adaptive solutions). The company maintains a closed-loop manufacturing model where Liberty Paper recycles old corrugated containers into new paper, which feeds into Liberty Packaging's box production. Products range from industrial packaging to building materials to office furniture, serving customers across multiple industries with an emphasis on sustainability and circular economy principles.

Differentiator

Problem solved

Functional benefit

Brands

• Quarrix: Building products brand specializing in roofing materials and attic/roof/wall protection solutions.
• Dreamworks Coating Solutions
• Onsemble

Products and services

• Liberty Paper Produces 100% recycled paper from old corrugated containers, serving the upper Midwest with SFI, FSC, and PEFC certified products. The manufacturing process represents LDI's circular economy for boxes, processing 275,000 tons of old corrugated containers annually into new paper for packaging.
• Liberty Packaging Leading provider of innovative, sustainable packaging products and integrated supply chain solutions, offering custom and standard corrugated packaging with a closed-loop manufacturing model utilizing the in-house Liberty Paper mill. Serves as primary vendor to large enterprise customers such as 3M across 9 facilities with more than 3,500 custom SKUs.
• Liberty Plastics Offers superior corrugated plastic products including the patented Wave-Core™ high-performance plastic used in multiple industries, with manufacturing facilities in Minnesota and Mississippi.
• Quarrix Building Products Building products brand specializing in roofing solutions, offering protective solutions for attics, roofs, and walls with patented Wave-Core designs that revolutionized building materials. Serves residential and commercial construction with roofing, attic ventilation, and wall/roof protection solutions.
• Dreamworks Coating Solutions Provides engineered protective and enhanced coating combinations for paper, packaging, and print marketing, including functional coatings for product protection and decorative coatings for retail and ecommerce packaging.
• Safco Products Workspace solutions including technical workstations, seating, tables, accessories, storage, and modern essentials for educational, industrial, and office environments. Sold direct via company e-commerce website and through dealer channels.
• Onsemble Adaptive Furniture Adaptive furniture solutions brand that listens, learns, and responds with tailor-fit workspace configurations for various work styles and environments across educational, industrial, and commercial workspaces.

Quantifiable outcome

• 4.7 million trees saved from being harvested annually through circular economy
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered minor.

• Pathway ChurchminorOthers · 1 March 2026LDI donated nearly $85,000 to various food banks and organizations including Pathway Church in Baldwyn, Mississippi as part of their annual Pack Up Hunger food drive initiative.
• Houston Food BankminorOthers · 1 March 2026LDI donated nearly $85,000 to various food banks including Houston Food Bank as part of their annual Pack Up Hunger food drive initiative supporting communities across the US.
• The Food GroupminorOthers · 1 March 2026LDI employees volunteer at The Food Group and support their mission to fight hunger. The Food Group is a key community partner for LDI's volunteer initiatives.
• Ronald McDonald HouseminorOthers · 1 March 2026LDI employees support the Ronald McDonald House through volunteering. Their CHRO serves on the Ronald McDonald House board, demonstrating deep commitment to this community partnership.
• Junior Achievement NorthminorOthers · 1 March 2025LDI partnered with Junior Achievement North to support youth education and entrepreneurship programs in the community.

Scale indicators9 records

Recent moves13 records

Expansion highlights5 records

Direct peers

• Greif Inc. Global industrial packaging producer with significant corrugated and containerboard operations. Comparable to LDI across corrugated packaging, paper mill, and protective packaging offerings serving industrial end markets.
• Graphic Packaging Holding Company: Publicly traded paperboard packaging manufacturer serving consumer goods customers. Comparable to Liberty Packaging's folding carton and coated paperboard capabilities, including Dreamworks Coating Solutions' coated/functional paper offerings.
• Pratt Industries: Privately held U.S. corrugated packaging manufacturer built on 100% recycled paper. Most direct strategic comparable to LDI's closed-loop model; both compete for the same enterprise corrugated customers and emphasize sustainability credentials.
• Packaging Corporation of America: U.S. publicly traded producer of containerboard and corrugated packaging products. Direct comparable to Liberty Packaging and Liberty Paper, with overlapping customer base in industrial manufacturers and similar recycled-content positioning.

Broad incumbents

• Smurfit Westrock: Largest global containerboard and corrugated packaging producer following the 2024 Smurfit Kappa/WestRock combination. Broad incumbent with recycled and virgin paper mills, comparable to Liberty Paper and Liberty Packaging at scale.
• Sonoco Products Company: Diversified global packaging manufacturer with operations spanning paper, corrugated, plastics, and protective packaging. Broad incumbent with overlapping capabilities across multiple LDI business units but not specialized in any single one.
• DS Smith Plc: Global recycled-corrugated specialist, recently acquired by International Paper. Particularly relevant as a benchmark given new LDI CEO Jim Morgan's prior leadership role at DS Smith and the comparable closed-loop recycling strategy.
• International Paper Company: Largest U.S.-based pulp, paper, and packaging producer. Broad incumbent with containerboard mills and corrugated plants that directly overlap with Liberty Paper and Liberty Packaging's core offerings.

Emerging players

• Pactiv Evergreen Inc. North American producer of fresh foodservice and food merchandising packaging, including paper-based products. Emerging player in sustainable food/retail paper packaging with partial overlap to Liberty Packaging's coated and protective paperboard offerings.

Regional players

• Cascades Inc. Canadian-based manufacturer of recycled packaging, tissue, and specialty products. Comparable recycled-paper positioning and corrugated product line, but primarily serves Canadian and select European markets rather than the U.S. Midwest.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries11 records

Funding overview

Funding rounds

Investors

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 Liberty Diversified International