Chagrin Falls, Ohio based Foundation Investment Partners (FIP) announced the successful acquisition of American Spool & Packaging, Inc (Amspak). Located in Hartsville, South Carolina, Amspak’s primary business is converting sheets, and mill rolls into specialty packaging products. Their product line includes spiral paper tubes, folding paper cartons, paper spools and reels, sleeves and trays, die cut cards, sheeted papers and boards and slit papers.
Amspak was founded by Larry Ridgeway in 1966 (deceased) and has remained in the family with Larry’s three children — Trey Ridgeway, Lynn Curry, and Tifini Stafford — continuing to lead the business.
