Tension Corp. expanding with Dallas acquisition
Kansas City-based Tension Corp. has agreed to buy Motion Envelope Inc., a family-owned envelope manufacturer in Dallas.
Financial terms of the deal weren’t disclosed.
The U.S. mailing industry accounts for more than $1.4 trillion in annual sales and 7.5 million jobs, according to the Envelope Manufacturers Association (EMA).
Bill Berkley is president and CEO of Tension Corp., which is the second-largest envelope maker in the U.S. and is privately owned by the Berkley family.This content is for subscribers only.
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