CITY OF INDUSTRY, CA / ACCESS Newswire / June 30, 2025 / Golden West Packaging Group LLC, a premier West Coast independent manufacturer of custom corrugated packaging solutions, today announced the successful completion of an amendment to its credit facilities that enhances the company's ability to accelerate growth, innovation, and market expansion. The transaction includes substantial new equity investment and a significant extension of debt maturities beyond 2030, providing Golden West with the financial flexibility to execute its long-term growth strategy.

Positioned for Strategic Expansion

This important step strengthens Golden West's capital foundation and enables the company to pursue new growth opportunities across the diverse markets it serves. With enhanced resources, the company will continue to invest in advanced operational capabilities that support its world-class printing, converting and packaging solutions.

"This substantial equity investment and maturity extension provides us with the strategic flexibility we need to scale in key markets and continue to deliver innovative packaging solutions for our customers," said CEO Mark Favre. "The investment is a strong vote of confidence in our team and our future. We are proud that 100% of Golden West's existing lenders supported the company in this transaction and deeply grateful for the collaborative effort taken by all stakeholders in executing this transformational step."

"We have never been in a better position to fulfill our mission as the West Coast custom packaging supplier of choice," said Brian McDonnell, Chief Financial Officer. "This milestone accelerates our ability to strengthen operations, expand capabilities and serve the evolving needs of customers across a broad and growing set of industries."

Enhancing Customer Value

"Golden West offers a comprehensive menu of packaging capabilities that extends well beyond our corrugated business," said Favre. "Our diversified platform includes folding carton, single-face laminated packaging, digital printing, rigid packaging, fulfillment services, display and graphics solutions and a variety of specialty packaging formats. This broad portfolio allows Golden West to deliver tailored, end-to-end solutions that meet the complex and evolving needs of our customers."

With the new equity infusion, Golden West will continue advancing its fully integrated platform, including the upgrade and build-out of a state-of-the-art 110" corrugator. The strengthened balance sheet also enables optimization of working capital, increased R&D investment, and expansion of technical capabilities - further solidifying Golden West's role as a partner of choice for high-quality innovative packaging solutions.

Golden West Packaging has completed the commissioning of its Heidelberg press and Masterflute laminator, significantly expanding the group's capacity and capabilities. The Heidelberg press delivers unmatched print quality, speed, and versatility, while the Masterflute laminator offers a highly flexible platform designed to handle a wide range of unique flute profiles. In addition, the recent installation of two Bobst die-cutters enhances production precision and efficiency-providing greater value, reliability, and flexibility to customers across a range of markets.

A Culture Built for the Future

"Golden West's momentum is fueled by the cultural transformation we've embraced over the past year - one centered on customer obsession, creating an outstanding team member experience and relentlessly pursuing operational excellence," said Kelley Wenter, Chief Operating Officer. "These pillars drive everything we do, empowering us to deliver innovation, quality, service and sustainability in every solution we bring to our customers and partners."

About Golden West

Golden West Packaging Group (https://goldenwestpackaging.com) is one of the fastest growing independent manufacturers of custom packaging products in North America. With a long history of high performance and innovation, Golden West offers a comprehensive menu of packaging capabilities that extends well beyond our corrugated business.

Formed in 2017 from established operations going back more than seven decades, Golden West has quickly become the largest mill-independent provider of customized post-print corrugated boxes and folding cartons on the West Coast. The company's diversified platform includes folding-carton, single-face laminated packaging, digital printing, rigid packaging, fulfillment services, display and graphics solutions, and a variety of specialty packaging formats. This broad portfolio allows Golden West to deliver tailored, end-to-end solutions that meet the complex and evolving needs of its customers.

Contact:

Scott White
Golden West Packaging Group
Email: scott.white@goldenwestpackaging.com
Office: (888) 262-3043

SOURCE: Golden West Packaging Group LLC