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Redi-Bag makes low density polyethylene film and protective packaging. Soteria Flexibles was established in 2019 in conjunction with Ardian’s investment in Colonial Bag Corp. Ardian also owns injection molder Revere Plastic Systems Inc.
TUKWILA — The Redi-Bag plant at 17100 W. Valley Hwy. in Tukwila sold for a bit over $12.1 million, according to King County records. The seller was West Valley Highway Real Estate Holdings LLC, associated with Traverse Pointe Partners of Chicago. That firm owns Redi-Bag, and acquired the Tukwila property in 2017 for $6 million.