Liberty Diversified buys Phoenix manufacturer

Liberty Diversified International Inc. has acquired Phoenix-based manufacturer Preferred Packaging and Crating Inc. for an undisclosed amount. Preferred Packaging, which has 70 employees, will stay under its current name and join LDI's Packaging South Group, which is headquartered in San Diego. New Hope-based LDI declined to disclose the price or purchase agreement, but said Preferred Packaging's primary manufacturing plant will remain in operation and no layoffs are expected. "This transaction…

Read more at: Manufacturing News - Manufacturing News Headlines | Bizjournals.com

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