EXHIBIT 99.2


September 18, 2002 - Plastipak Holdings, Inc. announced today the offering of
$50 million principal amount of its 10.75% Senior Notes due 2011. The Senior
Notes will be issued on September 25, 2002 at a price of 106.50%. The Senior
Notes, together with the $275.0 million principal amount of outstanding 10.75%
Senior Notes due 2011 that Plastipak issued last year, will be treated as a
single class for all purposes under the indenture for the outstanding notes.

The net proceeds of the offering are expected to be approximately $51.8 million.
Plastipak stated that it intends to use the net proceeds of the offering for
general corporate purposes, including working capital, capital expenditures and
technology development.

The Senior Notes will be sold through a private offering within the United
States to qualified institutional buyers and outside the United States to
certain non-U.S. investors.

The securities to be offered have not been registered under the Securities Act
of 1933, as amended (the "Securities Act"), or any state securities laws, and
unless so registered, may not be offered or sold in the United States except
pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and applicable state securities
laws.

For additional information please contact Michael J. Plotzke, CFO of Plastipak
Holdings, Inc. at 734-455-3600.