The joint venture Acorn Pulp Group announced the purchase of a state-of-the-art molded fiber manufacturing machine.
The purchase agreement was made with Southern Molded Pulp and Molded Fiber Technologies.
It is part of the company’s goal to offer the best quality products and services to customers at competitive prices.
Acorn Pulp Group plans to locate the new plant and equipment in the Greater Sacramento/Napa area or northern Nevada.
The company expects to begin operations late in the second quarter of next year.
Acorn CEO David Weissberg said, “We are truly excited about this opportunity to further enhance our existing relationships with our customers and suppliers in the region.
“Acorn Pulp Group will be an employer of choice offering high-quality, full-time manufacturing employment opportunities with training and skills development.
“We understand that equipment alone will not make us successful; it will be the hard working employees who will prove to be the key to our execution.
Acorn Pulp Group is a joint venture between Acorn West Paper and other strategic investors.
Acorn West Paper Products is a division of fourth-generation packaging company Oak Paper Products and supplies packaging to the California and North American wine markets.
It also holds a number of patents in the field of molded pulp.
The company will remain focused on sustainable and “green” packaging, as well as sectors such as wine, food, agriculture, medical and technology.