Oct-31-11 By Aminda
To stay in business for more than 160 years, a company cannot simply keep operating the same old way. Rather they must keep innovating and adapting to keep up with the times. Leaders at one of the oldest companies in theU.S., Menasha Packaging, knows this well.
Company president Mike Waite shares about the company’s most recent adaptation which took place five years ago. First, the company streamlined internal operations to become more focused on packaging and displays for markets with high potential for growth. Through strategies such as acquisitions and creation of a new division, they laid a foundation that would quickly allow them to operate at the upper end of their industry, with innovative designs, services and supply chain management.