Graham Packaging Holdings Company today posted net sales of about $688.2 million in the second quarter of 2008, up from about $651.0 million last year, according to a company filing with the Securities and Exchange Commission.
Net income for the quarter was about $28.3 million, up from about $5.1 million last year.
The company is the parent of Graham Packaging Company, with the majority owner of The Blackstone Group in New York and a base of operations in Springettsbury Township, York County.
Graham is part of an estimated $3.2 billion deal with Texas-based Hicks Acquisition to be purchased by the company in a transaction that would result in Graham Packaging becoming a publicly traded company.
The company would get a stock ticker on the New York Stock Exchange.