(April 20) ATLANTA — Georgia-Pacific Corp. has acquired two packaging facilities from Indianapolis-based Inland Paperboard and Packaging Inc., one on each coast.

The company recently completed the acquisition of the facilities — one in Ontario, Calif., and one in Harrington, Del. — though terms of the deal were not released.

Both plants produce high-end litho-laminated corrugated packaging for a variety of industries, including produce. The plants will be run by Color-Box LLC, a wholly owned subsidiary of Georgia-Pacific.

Steve Klinger, executive vice president of packaging for Georgia-Pacific, said in a news release that the acquisition will allow the company to expand its presence in several markets.

No personnel changes are expected as part of the move. The Harrington facility employs about 120 people, while the Ontario plant employs about 60.

Georgia-Pacific has 51 packaging facilities in the U.S.

In other news, Georgia-Pacific recently hired Kathleen Walters, former president and chief executive officer of Sappi Fine Paper North America, as its president of North American commercial business.

This news comes on the heels of Georgia-Pacific’s announcement that it will report first-quarter earnings above Wall Street’s predictions.

The company said it expects to report first-quarter 2004 earnings per share of about 60 cents. According to Reuters, analysts had forecast on average earnings of 48 cents a share.