Bill Moore, CEO of PacMoore, here.
Today marks a historic day in the story and future of PacMoore. It’s with incredible joy and hope for PacMoore’s future that I am announcing a change in ownership at our company.
As of October 25th, 2021, my family and I have signed the documents that complete a 100% sale of all the assets of PacMoore Products to MSI Express, which stands in conjunction with the 100% sale of the stock of PacMoore Process Technologies and the PacMoore Innovation Lab to Glanbia Nutritionals that took place on September 20th, 2021.
We decided after years of prayer and investigation that, to continue to help PacMoore grow at a rapid pace, we needed to bring in partners with money, expertise, and structure that could support our future. PacMoore has grown at such an incredibly brisk pace that my family and I no longer have the tools to take PacMoore into the company’s next season of growth and flourishing. PacMoore needs more than what we can provide.
HERE’S WHAT THIS MEANS FOR PACMOORE CUSTOMERS
Our decision was made with our customers’ and employees’ well-being both at the forefront. Both of our new owners are an excellent fit for our culture and will bring a new era of digitization, excellence, flexibility, and capabilities to PacMoore’s offerings.
- Our Hammond plant will bring additional consumer packaging, blending, and re-packing capabilities to MSI‘s extensive portfolio of contract manufacturing. MSI’s broad portfolio of offerings and capacity will extend to PacMoore’s customer base, bringing new processing opportunities to existing customers, while creating scheduling and regional flexibility for all current and future opportunities.
- Our Mooresville plant and our R&D extrusion facility in Gridley IL will enhance Glanbia‘s value-add processing capabilities via extrusion, spray drying, dry blending, liquid blending, coating, consumer packaging and re-packing. Glanbia’s additional expertise, resources, people, and financials will not only maintain PacMoore’s current trajectory, but expedite it, allowing our growth to happen significantly faster and more efficiently in the spaces we’ve mastered over the last 3 decades.
HERE’S WHAT THIS MEANS FOR HAMMOND AND MOORESVILLE, IN
PacMoore is unceasingly and relentlessly committed to providing jobs, stability, and faith in the communities in which we work. This will not change. Glanbia and MSI both believe in this mission equally and will continue to advocate for the good people in both of these cities.
Between Glanbia’s 17 global manufacturing sites and MSI’s 13 U.S. production facilities, there will be new roles, promotions, and global movement available to members of the PacMoore team, providing accessibility to a broader spectrum of offerings than we could have ever provided on our own. We truly believe this change in ownership will open remarkable employment doors for our people.
LOOKING FORWARD TO THE NEXT PHASE
PacMoore will continue operating at status quo. All changes we walk through in the short-term will be transparent to the customer, having little negative effect, while likely producing a strong positive effect through greater funding and improvements to our processes, systems, and facilities.
I thank you for your continued support for PacMoore. As we embark on a journey into a new phrase of PacMoore’s story, my prayer and hope is that you will hear the message of faith in Jesus that we have shared within the PacMoore walls for years. I urge you to allow Jesus the chance to become the source of life to which you turn. He loves you personally. He created you. He wants to walk through life with you too. I pray you may come to trust Him with your story as I have.
All my blessings and prayers over you, your family, and your organization.
Founder of PacMoore