Business

Moncks Corner Petrochemical Packaging Warehouse Acquired By Investment Firm

Image by Gerd Altmann from Pixabay

MONCKS CORNER, S.C. – NOVA Infrastructure, a middle-market infrastructure investment firm, announced Tuesday that it has acquired A&R Bulk-Pak, a Moncks Corner provider of contract packaging, transloading, warehousing, and other critical supply chain services for the petrochemical industry.

“Over the past decade, the Port of Charleston has been one of the fastest-growing export hubs for the North American chemicals industry, and A&R has grown into a leading provider of critical supply chain solutions during that time,” commented Allison Kingsley, Founder and Partner of NOVA Infrastructure. “We believe this industry will continue to be a leading exporter into large and high-growth global end markets, and we are excited to support A&R as it expands its service offerings, grows its market footprint and further entrenches its long-term customer relationships.”

Located 26 miles from the Port of Charleston, A&R operates a 240,000-square-foot warehouse that features two high-speed automated packaging lines, rail access to the CSX main line, and onsite storage for over 120 railcars. The facility primarily focuses on transloading and packaging polyethylene pellets for a blue-chip customer base comprised of chemicals producers and trading houses.

“Ever since Avinoam Ron founded A&R in 1985, we have worked hard to establish a reputation for quality, reliability and safety, which has afforded us the privilege to serve some of the leading global chemicals producers and traders,” said Jason Blinkoff, Executive Vice President of A&R. “Our partnership with NOVA will allow A&R to pursue growth opportunities in support of our customers’ long-term strategic goals.”

In tandem with this acquisition, A&R has entered into a strategic partnership agreement with Harbor Logistics (“Harbor”). Harbor, a portfolio company of NOVA, is a leading provider of transportation, logistics and warehousing services in Charleston. The agreement aligns Harbor, A&R and NOVA as long-term partners to deliver a broader suite of comprehensive supply chain solutions in North America. The partnership will utilize each company’s resources, operational capabilities, and experience to develop, construct, finance and operate specialized logistics infrastructure across North America.

Micah Mallace, President of Harbor Logistics and the former Chief Commercial Officer of the South Carolina Ports Authority shared, “I have had the pleasure of working with A&R and Jason for many years when I was at the Port and welcome the opportunity to bring Harbor’s commercial and operational capabilities to this partnership. The pairing of Harbor’s core competencies with A&R’s chemicals packaging expertise offers our mutual customers an even higher level of service. In addition, Harbor’s dominance as the largest drayage provider in Charleston will afford A&R customers unparalleled cost and service to further strengthen A&R’s offering.”

Comments are closed.