Florence-based Duro Bag Manufacturing to be acquired by South Carolina company

Duro Bag employs 800 in Northern Kentucky/Greater Cincinnati area

FLORENCE, Ky. (July 11, 2014) — Hilex Poly, a South Carolina packaging company, has announced an agreement to acquire Florence-based Duro Bag Manufacturing Co., one of Northern Kentucky’s largest manufacturing companies.

Duro Bag is a leading provider of paper bags, supplying food service, specialty retail, grocery and mass merchant clients across the United States. The company operates 10 manufacturing facilities and employs approximately 2,500 people, 800 of whom are located in the Northern Kentucky/Greater Cincinnati area.

Hilex, headquartered in Hartsville, S.C., is a leading manufacturer of flexible packaging products, ranging from bags for grocery, retail and food service markets to can liners and specialty films. The company operates 15 locations across the United States and Canada as well as the largest U.S. closed-loop recycling facility. The combined company will have more than 3,000 manufacturing jobs in the United States and more than 600 in Canada and Mexico.