Daily update: Tension Corp. acquisition, Boone County event center, Taylors and Missouri billionaires in the news, and more…

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.

To gain access to this content, please subscribe to one of the plans below.

To inquire about having a story unlocked to share with clients, co-workers or social media, contact webmaster@mobizpulse.com.

Register New Account

Choose your membership level