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Interpak history
Interpak company history timeline
With her 1957 breakout hit "Walkin' after Midnight," she became the first female country vocalist to cross over to the pop charts.
Deflecta-Shield was founded in 1961 and successfully sold hood shields.
Company Beginnings in 1965
Lund International was founded in 1965 by Allan W. Lund, an entrepreneur highly skilled in the design of fiberglass products.
He began producing prototype work for snowmobile, boat, and other recreational vehicle makers, and started making sun visors in a Coon Rapids, Minnesota chicken barn in 1974.
Interpak was created in 1992 after Mark Schmissrauter visited the Interpack Exhibition Show in Dusseldorf, Germany.
Lund consolidated operations and doubled its production capacity as a means of keeping up with demand for its products, which soared 41 percent in the first nine months of fiscal 1994, compared with results of a year earlier.
In 1994, Deflecta-Shield acquired a leading aluminum products manufacturer, which enabled the company to extend product offerings to a more diverse market.
Most competing companies in the market had sales of less than $40 million, while Deflecta Shield reported sales of $72.3 million in 1996.
In the winter of 1997, Lund signed a merger agreement to acquire a much larger competitor, Deflecta-Shield Corporation of Indianola, Iowa.
Acquisition-related expenses caused a revenue loss in 1998.
Company officials remained optimistic and estimated that by 2000, more than half the vehicles sold in the United States would be light trucks.
The company continued to develop new cost-competitive products in response to weaker than anticipated sales in fiscal 2000, and anticipated strong longer-term demand for light truck and heavy truck accessories.
Around the same time in 2009, Interpak and HDG Verpackungsmaschinen (located in Lindlar, Germany) partnered to bring fast flexible pouch machines into the US market.
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Interpak competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Mohican Mills Inc | - | $950,000 | 50 | - |
| AGE Industries | 1974 | $145.4M | 200 | 2 |
| Premier Packaging | 1994 | $13.2M | 200 | - |
| Durable Packaging International | 1944 | $67.0M | 800 | - |
| RockTenn | 1973 | $20.3B | 26,000 | - |
| Camfil | 1937 | $863.1M | 700 | - |
| Purolator International | 1998 | $50.0M | 130 | 1 |
| Pratt Industries | 1948 | $3.5B | 7,500 | 342 |
| Rand-Whitney | 1938 | $3.5B | 5,000 | - |
| Liberty Carton | 1918 | $100.0M | 1,000 | - |
Interpak history FAQs
Zippia gives an in-depth look into the details of Interpak, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Interpak. The employee data is based on information from people who have self-reported their past or current employments at Interpak. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Interpak. The data presented on this page does not represent the view of Interpak and its employees or that of Zippia.
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