History
Leo Hulseman, a former employee of the Dixie Co. in the 1930s, created the "Solo Cup", a paper cone he made at his home and sold to bottled-water companies. He founded the Solo Cup Company in 1936, and came up with other products like wax-coated cups and the plastic Cozy Cup.
On 1 March 2004, Solo acquired Sweetheart Cup Company for $917.2 million, in part with public debt. Sweetheart was founded by Joseph Shapiro and his four brothers, emigrants from Russia. It became the largest consumer packaging company in the world and was sold several times before being acquired by Solo Cup.
Solo Cup Company closed its longstanding facility in Highland Park, Illinois, in December 2009 and relocated to Lake Forest, Illinois.
On May 4, 2012, Solo Cup Company was acquired by Dart Container.
Read more about this topic: Solo Cup Company
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