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Continental Holdings Inc. Acquires Dixie Box & Crating Inc.; Company Plans to Grow Dixie into Additional Cities and Strategic Industries.


RICHMOND, Va. -- Dixie Box & Crating Inc., an industry leader in packaging services for international and domestic shippers, announced that it has been acquired by Continental Holdings Inc., a Richmond, Va. - based real estate and investment company with expertise in growth and asset management.

"Dixie is a strong and fast-growing company that already operates in more locations and serves more cities than any other competitor," said Charles Frasier, vice chairman of Dixie. "This acquisition is all about continuing that growth and we couldn't have found a better partner to help further our expansion plans."

The company will continue to operate under the name of Dixie Box & Crating Inc. Dixie President Charles Frasier will become vice chairman, and Dixie corporate Vice President John Deusner will serve as president and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
. Both will continue to actively manage the business. Joining Dixie's leadership team is Michael Smith Michael or Mike Smith may refer to: Journalists
  • Michael Smith (sports reporter), American sports reporter for the The Boston Globe and ESPN
  • Mike Smith (television presenter), British television and radio presenter
, president of Continental Holdings Inc. Smith will serve as Dixie's chief executive officer, bringing a wealth of experience and expertise in growth and asset management.

Dixie Box & Crating offers complete export, domestic and military packaging services - including on-site packaging and plant dismantling; certified hazardous materials packaging for ocean or air; heavy lift and specialized trucking; project consolidation and marshalling; secure warehousing; and containerization con·tain·er·ize  
v.tr. con·tain·er·ized, con·tain·er·iz·ing, con·tain·er·iz·es
1. To package (cargo) in large standardized containers for efficient shipping and handling.

2.
 and export preparation of cargo in excess of 100,000 lbs. The company's multi-location facilities/warehouses are strategically located near major U.S. ports and/or manufacturing hubs, allowing customers to choose the most appropriate point of export for their cargo. In addition, Dixie provides materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering,  and bar coding systems that track each shipment from receipt to its final overseas destination.

"These are exciting times for Dixie," said Michael Smith, president of Continental Holdings Inc. "By combining the strengths of both companies, we will be able to continue to expand our multi-location business model and provide additional services to meet our customers' current and future specialty export packaging needs."

About Dixie Box & Crating Inc.

Dixie Box & Crating Inc. is one of the industry's leading packaging companies for international shippers. The company provides complete export, domestic and military packaging services. Today, Dixie operates 10 fully equipped facilities that are conveniently located near strategic U.S. cities and ports (Austin, Texas; Charleston, S.C.; Fort Lauderdale Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.; Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation).
Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the
; Norfolk, Va.; New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded , La.; North Hollywood, Calif.; Phoenix, Ariz.; Rancho Dominguez, Calif.; Savannah Savannah, city, United States
Savannah, city (1990 pop. 137,560), seat of Chatham co., SE Ga., a port of entry on the Savannah River near its mouth; inc. 1789.
, GA.). For more information, visit www.dixiecrating.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Mar 23, 2005
Words:398
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