UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                               ------------------


                                    FORM 10-Q

                QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934



For the quarterly period ended:     March 31, 2001
                                    --------------


Commission File Number:    00-19800
                           --------


                         GIBRALTAR PACKAGING GROUP, INC.
             (Exact name of registrant as specified in its charter)



         Delaware                                             47-0496290
(State of incorporation)                                  (I.R.S. Employer
                                                       Identification Number)
        2000 Summit Avenue
        Hastings, Nebraska                                      68901
 (Address of principal executive offices)                     (Zip Code)

<TABLE>
<CAPTION>
<S>                                                                     <C>
                  (402) 463-1366                           www.gibraltarpackaginggroup.com
(Registrant's telephone number, including area code)              (Registrant's website)
</TABLE>


         Indicate by check mark whether the registrant: (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
|X| Yes |_| No

         As of April 30, 2001, there were 5,041,544 shares of the Company's
common stock, par value $0.01 per share, issued and outstanding.


<PAGE>

                GIBRALTAR PACKAGING GROUP, INC. AND SUBSIDIARIES

                                      INDEX


<TABLE>
<CAPTION>

                                                                                                        Page Number
                                                                                                        -----------
<S>           <C>                                                                                       <C>
PART I.       FINANCIAL INFORMATION

Item 1.       Financial Statements (Unaudited)

              Consolidated Balance Sheets                                                                         1
                As of March 31, 2001 and July 1, 2000

              Consolidated Statements of Operations for the                                                       2
                Three Months Ended March 31, 2001 and 2000
                Nine Months Ended March 31, 2001 and 2000

              Consolidated Statements of Cash Flows for the                                                       3
                Nine Months Ended March 31, 2001 and 2000

              Notes to Consolidated Financial Statements                                                          4

Item 2.       Management's Discussion and Analysis of Financial                                                   5
                Condition and Results of Operations

Item 3.       Quantitative and Qualitative Disclosures About Market Risk                                          9

PART II.      OTHER INFORMATION

Item 1.       Legal Proceedings                                                                                  10

Item 4.       Submission of Matters to a Vote of Security Holders                                                10

Item 6.       Exhibits and Reports on Form 8-K                                                                   10

              Signatures                                                                                         11
</TABLE>

<PAGE>


                GIBRALTAR PACKAGING GROUP, INC. AND SUBSIDIARIES
                           CONSOLIDATED BALANCE SHEETS
                                   (Unaudited)
                 (In thousands except share and per share data)

<TABLE>
<CAPTION>
                                                            March 31,    July 1,
                                                              2001        2000
                                                            --------    --------
<S>                                                         <C>         <C>
ASSETS
CURRENT ASSETS:
   Cash                                                     $    149    $    160
   Accounts receivable (Net of allowance for
        doubtful accounts of $330 and $185, respectively)      6,842       6,442
   Inventories                                                 6,837       6,810
   Deferred income taxes                                         582         582
   Prepaid and other current assets                              569         578
                                                            --------    --------
          Total current assets                                14,979      14,572
PROPERTY, PLANT AND EQUIPMENT - NET                           17,068      18,031
EXCESS OF PURCHASE PRICE OVER NET
   ASSETS ACQUIRED (Net of accumulated
   amortization of $2,056 and $1,955, respectively)            4,281       4,382
OTHER ASSETS (Net of accumulated amortization
   of $439 and $306, respectively)                               795         669
                                                            --------    --------
TOTAL                                                       $ 37,123    $ 37,654
                                                            ========    ========

LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
   Checks not yet presented                                 $    684    $    797
   Current portion of long-term debt                           2,770       2,751
   Accounts payable                                            4,967       5,208
   Accrued expenses                                            3,452       3,483
                                                            --------    --------
          Total current liabilities                           11,873      12,239
LONG-TERM DEBT - Net of current portion                       20,407      22,498
DEFERRED INCOME TAXES                                          1,319         894
OTHER LONG-TERM LIABILITIES                                      437         507
                                                            --------    --------
          Total liabilities                                   34,036      36,138
                                                            ========    ========
STOCKHOLDERS' EQUITY:
   Preferred stock, $.01 par value; 1,000,000 shares
     authorized; none issued                                    --          --
   Common stock, $.01 par value; 10,000,000 shares
     authorized; 5,041,544 issued and outstanding                 50          50
   Additional paid-in capital                                 28,162      28,162
   Accumulated deficit                                       (25,125)    (26,696)
                                                            --------    --------
          Total stockholders' equity                           3,087       1,516
                                                            --------    --------
TOTAL                                                       $ 37,123    $ 37,654
                                                            ========    ========
</TABLE>


   See notes to unaudited consolidated financial statements.



                                       1
<PAGE>


                GIBRALTAR PACKAGING GROUP, INC. AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)
                 (In thousands except share and per share data)

<TABLE>
<CAPTION>
                                                Three Months Ended         Nine Months Ended
                                                      March 31,                 March 31,
                                              -----------------------   -----------------------
                                                 2001         2000         2001         2000
                                              ----------   ----------   ----------   ----------
<S>                                           <C>          <C>          <C>          <C>
NET SALES                                     $   16,275   $   17,414   $   49,087   $   51,665
COST OF GOODS SOLD                                12,957       14,058       38,847       41,954
                                              ----------   ----------   ----------   ----------
GROSS PROFIT                                       3,318        3,356       10,240        9,711
                                              ----------   ----------   ----------   ----------
OPERATING EXPENSES:
   Selling, general and administrative             1,983        1,998        5,944        5,947
   Amortization of excess of purchase price
     over net assets acquired                         33           42          101          123
                                              ----------   ----------   ----------   ----------
        Total operating expenses                   2,016        2,040        6,045        6,070
                                              ----------   ----------   ----------   ----------
INCOME FROM OPERATIONS                             1,302        1,316        4,195        3,641
                                              ----------   ----------   ----------   ----------
OTHER EXPENSE:
     Interest expense                                608          749        1,986        2,329
     Other expense - net                              20           22           65            8
                                              ----------   ----------   ----------   ----------
     Total other expense - net                       628          771        2,051        2,337
                                              ----------   ----------   ----------   ----------
INCOME BEFORE INCOME TAXES                           674          545        2,144        1,304
INCOME TAX PROVISION                                 180          235          573          571
                                              ----------   ----------   ----------   ----------
NET INCOME                                    $      494   $      310   $    1,571   $      733
                                              ==========   ==========   ==========   ==========
BASIC AND DILUTED PER COMMON SHARE AMOUNTS:
     Net Income                               $     0.10   $     0.06   $     0.31   $     0.15
                                              ==========   ==========   ==========   ==========
WEIGHTED AVERAGE SHARES OUTSTANDING:
   (basic and diluted)                         5,041,544    5,041,544    5,041,544    5,041,544
                                              ==========   ==========   ==========   ==========

</TABLE>

See notes to unaudited consolidated financial statements.


                                       2
<PAGE>

                GIBRALTAR PACKAGING GROUP, INC. AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)
                                 (In thousands)

<TABLE>
<CAPTION>

                                                               Nine Months Ended
                                                                    March 31,
                                                              --------------------
                                                                 2001       2000
                                                               -------    -------
<S>                                                            <C>        <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
   Net income                                                  $ 1,571    $   733
   Adjustments to reconcile net income to
   net cash flows from operating activities:
     Depreciation and amortization                               1,672      1,823
     (Gain)/loss on sale of property, plant and equipment           17        (25)
     Deferred income taxes                                         425        548
     Changes in operating assets and liabilities:
        Accounts receivable - net                                 (400)      (650)
        Inventories                                                (27)      (192)
        Prepaid expenses and other assets                         (249)      (202)
        Accounts payable                                          (354)       554
        Accrued expenses and other liabilities                    (101)      (594)
                                                               -------    -------

     Net Cash Flows from Operating Activities                    2,554      1,995
                                                               -------    -------

CASH FLOWS FROM INVESTING ACTIVITIES:
   Proceeds from sale of property, plant and equipment              74      2,938
   Purchases of property, plant and equipment                     (567)      (256)
                                                               -------    -------

     Net Cash Flows from Investing Activities                     (493)     2,682
                                                               -------    -------

CASH FLOWS FROM FINANCING ACTIVITIES:
   Net borrowings (payments) under revolving credit facility         7       (621)
   Net principal repayments of long-term debt                   (2,061)    (4,140)
   Net repayments under capital leases                             (18)       (26)
                                                               -------    -------

   Net Cash Flows from Financing Activities                     (2,072)    (4,787)
                                                               -------    -------

NET DECREASE IN CASH                                               (11)      (110)
CASH AT BEGINNING OF PERIOD                                        160        198
                                                               -------    -------
CASH AT END OF PERIOD                                          $   149    $    88
                                                               =======    =======

</TABLE>


See notes to unaudited consolidated financial statements.


                                       3
<PAGE>

                GIBRALTAR PACKAGING GROUP, INC. AND SUBSIDIARIES
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)


A.       GENERAL

         The accompanying unaudited consolidated financial statements of
         Gibraltar Packaging Group, Inc. ("Gibraltar" or the "Company") have
         been prepared in accordance with Rule 10-01 of Regulation S-X for
         interim financial statements required to be filed with the Securities
         and Exchange Commission and do not include all information and
         footnotes required by accounting principles generally accepted in the
         United States of America for complete financial statements. However, in
         the opinion of management, the accompanying unaudited consolidated
         financial statements contain all adjustments, consisting only of normal
         recurring adjustments, necessary to present fairly the financial
         position of the Company as of March 31, 2001, and the results of its
         operations and cash flows for the periods presented herein. Results of
         operations for the nine months ended March 31, 2001 are not necessarily
         indicative of the results to be expected for the full fiscal year. The
         financial statements should be read in conjunction with the audited
         financial statements for the year ended July 1, 2000 and the notes
         thereto contained in the Company's Annual Report on Form 10-K.

B.       INVENTORIES

         Inventories consisted of the following (In thousands):

                                                  March 31,           July 1,
                                                    2001              2000
                                              -------------      --------------
              Finished goods                  $       5,043      $        4,995
              Work in process                           621                 676
              Raw materials                             878                 848
              Manufacturing supplies                    295                 291
                                              -------------      --------------
                                              $       6,837      $        6,810
                                              =============      ==============

C.       NEW ACCOUNTING PRONOUNCEMENTS

         During the first quarter of fiscal 2001, the Company adopted SFAS No.
         133, "Accounting for Derivative Instruments and Hedging Activities."
         The adoption of this statement did not have a material impact on the
         Company's financial position or results of operations.

         During the first quarter of fiscal 2001, the Company also implemented
         SEC Staff Accounting Bulletin (SAB) No. 101, "Revenue Recognition." The
         implementation of this SAB did not have a material impact on the
         Company's financial position or results of operations.

D.       RECLASSIFICATION

         Certain amounts in the fiscal 2000 financial statements have been
         reclassified to conform with the current fiscal 2001 presentation.


                                       4
<PAGE>

                GIBRALTAR PACKAGING GROUP, INC. AND SUBSIDIARIES


Item 2.  Management's Discussion and Analysis of Financial Condition and Results
         of Operations


         Results of Operations

         Three Months Ended March 31, 2001 Compared to
         Three Months Ended March 31, 2000
         ---------------------------------------------

         In the third quarter of fiscal 2001, the Company had net sales of $16.3
         million compared with $17.4 million in the corresponding period of
         fiscal 2000, a decrease of $1.1 million or 6.5%. The sale of the
         operating assets of Niemand Industries, Inc. ("Niemand") in February
         2000 accounted for $0.3 million of the decrease. The Company also
         considers the remaining reduction in net sales from retained operations
         to be consistent with the overall slow-down in economic conditions.

         Gross profit for the third quarter of fiscal 2001 increased to 20.4% of
         net sales from 19.3% in the corresponding period of fiscal 2000. This
         increase was due primarily to the divestiture of low margin business
         from the sale of the operating assets of Niemand. Additionally, the
         Company still benefits from continuing cost control efforts and
         productivity gains carried over from the previous year. Despite the
         reduction in sales from retained operations, the Company was able to
         maintain a consistent gross profit percentage. Cost of goods sold
         decreased $1.1 million, or 7.8%, to $13.0 million in the third quarter
         of fiscal 2001 compared to $14.1 million in the third quarter of fiscal
         2000. The sale of the operating assets of Niemand accounted for $0.5
         million of the decrease.

         Operating income for both the third quarter of fiscal 2001 and 2000 was
         $1.3 million. Selling, general and administrative expenses remained
         consistent at $2.0 million for both the third quarter of fiscal 2001
         and 2000. This is the result of an increase in third party brokers
         commissions, offset by decreases from the sale of the operating assets
         of Niemand and reduced payroll.

         Total interest expense decreased $0.1 million, or 18.8%, to $0.6
         million in the third quarter of fiscal 2001 from $0.7 million in the
         corresponding period of fiscal 2000. The decrease is primarily the
         result of a blend of $4.0 million in lower average borrowings coupled
         with a decrease in the average interest rate of 0.8%.

         The income tax provision as a percentage of pre-tax income for the
         third quarter of fiscal 2001 was 26.7% compared with 43.1% for the
         corresponding period in fiscal 2000. The effective tax rate typically
         differs from the statutory rate primarily as a result of non-deductible
         amortization of the excess of purchase price over net assets acquired.
         However, as a result of earnings improvements, the Company reduced its
         deferred income tax asset valuation allowance by $0.1 million in the
         third quarter of fiscal 2001 to reflect a change in estimate related to
         the realizability of its deferred income tax assets.


                                       5
<PAGE>

                GIBRALTAR PACKAGING GROUP, INC. AND SUBSIDIARIES


         Nine Months Ended March 31, 2001 Compared to
         Nine Months Ended March 31, 2000
         ---------------------------------------------

         In the first nine months of fiscal 2001, the Company had net sales of
         $49.1 million compared with $51.7 million in the corresponding period
         of fiscal 2000, a decrease of $2.6 million or 5.0%. An increase in
         sales from retained operations of $1.3 million was offset by a
         reduction in sales of $3.9 million following the sale of the operating
         assets of GB Labels, Inc. ("GB Labels") in August 1999 and Niemand in
         February 2000.

         Gross profit for the first nine months of fiscal 2001 increased to
         20.9% of net sales from 18.8% in the corresponding period of fiscal
         2000. This increase was due primarily to an influx of new business with
         higher margins and the divestiture of low margin business from the sale
         of the operating assets of Niemand. Additionally, the Company still
         benefits from continuing cost control efforts and productivity gains
         carried over from the previous year. Cost of goods sold decreased $3.1
         million, or 7.4%, to $38.8 million in the first nine months of fiscal
         2001 compared to $42.0 million in the same period for fiscal 2000. The
         sale of the operating assets of GB Labels and Niemand accounted for
         $3.8 million of the decrease, partially offset by increases related to
         higher sales from retained operations.

         Operating income for the first nine months of fiscal 2001 was $4.2
         million compared with $3.6 million in the corresponding period of
         fiscal 2000, an increase of $0.6 million or 15.2%. This increase was
         the result of the operating improvements from the retained operations
         and the sale of the operating assets of GB Labels and Niemand. Selling,
         general and administrative expenses remained consistent at $5.9 million
         for both the first nine months of fiscal 2001 and 2000. This is the
         result of an increase in third party brokers commissions, offset by a
         decrease due to the sale of the operating assets of Niemand and GB
         Labels.

         Total interest expense decreased $0.3 million, or 14.7%, to $2.0
         million in the first nine months of fiscal 2001 from $2.3 million in
         the corresponding period of fiscal 2000. The decrease is primarily the
         result of $4.9 million in lower average borrowings.

         The income tax provision as a percentage of pre-tax income for the
         first nine months of fiscal 2001 was 26.7% compared with 43.8% for the
         corresponding period in fiscal 2000. The effective tax rate typically
         differs from the statutory rate primarily as a result of non-deductible
         amortization of the excess of purchase price over net assets acquired.
         However, as a result of earnings improvements, the Company reduced its
         deferred income tax asset valuation allowance by $0.3 million in the
         first nine months of fiscal 2001 to reflect a change in estimate
         related to the realizability of its deferred income tax assets.



                                       6
<PAGE>

                GIBRALTAR PACKAGING GROUP, INC. AND SUBSIDIARIES


         Financial Condition

         The Company's credit facility with First Source Financial LLP ("First
         Source"), as amended, provides for a five-year $25 million term loan
         and a five-year $12 million working capital revolving line of credit
         ("Revolver"). The loan requires monthly principal payments of $229,167
         through April 2003, with the balance of $10,023,435 due on July 31,
         2003. The credit facility is secured by a first priority perfected
         security interest in and lien on all assets (real and personal,
         tangible and intangible) of the Company excluding its Burlington, North
         Carolina property.

         The Revolver provides for a revolving line of credit under a borrowing
         base commitment subject to certain loan availability requirements. Loan
         availability under the Revolver may not exceed the lesser of (1) $12
         million or (2) the sum of (a) up to 85% of the Company's eligible
         accounts receivable plus (b) up to 60% of the Company's eligible
         inventory. At no time may the sum of aggregated loan advances
         outstanding under the Revolver plus the aggregate amount of extended
         letter of credit guarantees exceed loan availability. The Company had
         available to it unused borrowing capacity of $1.6 million as of March
         31, 2001.

         The Revolver currently bears interest at First Source's prime rate plus
         1.25% or the London Interbank Offered Rate ("LIBOR") plus 3.25%. The
         term loan currently bears interest at First Source's prime rate plus
         1.75% or LIBOR plus 3.75%. The Company also pays a commitment fee of
         0.5% on the unused portion of the Revolver. The interest rates at March
         31, 2001 were a combination of prime and LIBOR. First Source's prime
         and LIBOR rates were 8.00% and 5.05%, respectively, at March 31, 2001.

         As of March 31, 2001, all outstanding letters of credit were guaranteed
         by First Source. The Company pays a letter of credit fee of 2.75% to
         guarantee availability under the Revolver. Outstanding letters of
         credit at March 31, 2001 amounted to $160,000 and relate to workman's
         compensation insurance policies.

         The First Source credit facility contains certain restrictive covenants
         including financial covenants related to net worth, minimum interest
         coverage ratio, capital expenditures, debt ratio and fixed charge
         coverage. As of March 31, 2001, the Company was in compliance with all
         financial covenants. In addition, the Company's credit facility
         restricts the ability of the Company to pay dividends.

         At March 31, 2001, the Company had working capital of $3.1 million, as
         compared to $2.3 million at July 1, 2000. Historically, the Company's
         liquidity requirements have been met by a combination of funds provided
         by operations and its revolving credit agreements. Funds provided by
         operations during the nine months ended March 31, 2001 were $2.6
         million compared with funds provided of $2.0 million in the
         corresponding period in fiscal 2000.


                                       7
<PAGE>

                GIBRALTAR PACKAGING GROUP, INC. AND SUBSIDIARIES


         During the nine months ended March 31, 2001, capital expenditures
         totaled $0.6 million compared with $0.3 million in the corresponding
         period in fiscal 2000, and consisted primarily of additions to
         machinery and equipment. The Company makes capital improvements to
         improve efficiency and product quality, and periodically upgrades its
         equipment by purchasing or leasing new or previously used equipment.

         The Company's current strategy is to continue to focus its efforts on
         its core business of folding cartons, as well as the supporting product
         lines of flexible, litho-laminated, and corrugated products. The
         Company intends to expand these product lines by utilizing the maximum
         capacity at each facility, while continually identifying, researching,
         and when applicable, implementing new technologies and equipment that
         will enable the Company to continue to improve performance,
         productivity, and profitability.

         Under the current strategy, management believes that future funds
         generated by operations and borrowings available under its credit
         facility with First Source will be sufficient to meet working capital
         and capital expenditure requirements in the near term.

         Forward-Looking Statements

         Statements that are not historical facts, including statements about
         our confidence in the Company's prospects and strategies and our
         expectations about the Company's sales expansion, are forward-looking
         statements that involve risks and uncertainties. These risks and
         uncertainties include, but are not limited to: (1) the Company's
         ability to execute its business plan; (2) market acceptance risks,
         including whether or not the Company will be able to successfully gain
         market share against competitors, many of which have greater financial
         and other resources than the Company, and the continuing trend of
         customers to increase their buying power by consolidating the number of
         vendors they maintain; (3) manufacturing capacity constraints,
         including whether or not, as the Company increases its sales, it will
         be able to successfully integrate its new customers into its existing
         manufacturing and distribution system; (4) the introduction of
         competing products by other firms; (5) pressure on pricing from
         competition or purchasers of the Company's products; (6) whether the
         Company will be able to pass on to its customers price increases for
         paper and paperboard products; (7) continued stability in other raw
         material prices, including oil-based resin and plastic film; (8) the
         impact of government regulation on the Company's manufacturing,
         including whether or not additional capital expenditures will be needed
         to comply with applicable environmental laws and regulations as the
         Company's production increases; (9) the Company's ability to continue
         to comply with the restrictive covenants in its credit facility or to
         obtain waivers if it is not in compliance in the future; and (10) the
         outcome of the Anthem Health Plans litigation. Investors and potential
         investors are cautioned not to place undue reliance on these
         forward-looking statements, which reflect the Company's analysis only
         as of the date of this report. The Company undertakes no obligation to
         publicly revise these forward-looking statements to reflect events or
         circumstances that arise after the date of this report. These risks and
         others that are detailed in this Form 10-Q and other documents that the
         Company files from time to time with the Securities and Exchange
         Commission, including its annual report on Form 10-K and any current
         reports on Form 8-K, must be considered by any investor or potential
         investor in the Company.

                                       8
<PAGE>

                GIBRALTAR PACKAGING GROUP, INC. AND SUBSIDIARIES


Item 3.  Quantitative and Qualitative Disclosures About Market Risk

         The Company's primary market risk is fluctuation in interest rates. All
         of the Company's debt at March 31, 2001 was at variable interest rates.
         A hypothetical 10% change in interest rates would have had a $0.2
         million impact on interest expense for the nine months ended March 31,
         2001.



                                       9
<PAGE>


                GIBRALTAR PACKAGING GROUP, INC. AND SUBSIDIARIES

PART II. OTHER INFORMATION

Item 1.  Legal Proceedings

         From time to time, the Company is a party to lawsuits and
         administrative proceedings that arise in the conduct of its business.
         While the outcome of these lawsuits and proceedings cannot be predicted
         with certainty, management believes that, if adversely determined, the
         lawsuits and proceedings, either singularly or in the aggregate, would
         not have a material adverse effect on the financial condition, results
         of operations or net cash flows of the Company.

         On April 28, 1999, the Company filed a lawsuit captioned Gibraltar
         Packaging Group, Inc. v. Anthem Health Plans, d.b.a. Anthem Blue Cross
         and Blue Shield of Connecticut ("Anthem"), in the United States
         District Court for the District of Connecticut. The Company is seeking
         damages for Anthem's alleged breach of a contract for health insurance
         for employees of the Company. In October 2000, Anthem filed a
         counterclaim for unpaid premiums. The amount of the counterclaim is
         unknown. Discovery has revealed that a third party may be liable to
         indemnify the Company for all or part of the counterclaim, and the
         Company has brought a third party claim against this party in the
         litigation. There can be no assurances that the outcome of the
         litigation would not have an adverse impact on the Company. The parties
         participated in a settlement mediation in December 1999. It was
         determined that more information be gathered through depositions, which
         are ongoing. The Company anticipates another settlement mediation will
         be scheduled before the end of calendar 2001.

Item 4.  Submission of Matters to a Vote of Security Holders

         No matters were submitted to a vote of Gibraltar's stockholders in the
         quarter ended March 31, 2001.

Item 6.  Exhibits and Reports on Form 8-K

         (a)   Exhibits:

                  None

         (b)   Reports on Form 8-K:

                  None



                                       10
<PAGE>

                GIBRALTAR PACKAGING GROUP, INC. AND SUBSIDIARIES




                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
         the registrant has duly caused this report to be signed on its behalf
         by the undersigned thereunto duly authorized.

                           GIBRALTAR PACKAGING GROUP, INC.


         By:   /s/ Lyle O. Halstead               /s/ Brett E. Moller
               -------------------------          -------------------------
               Lyle O. Halstead                   Brett E. Moller
               V. P. Finance - Operations         V. P. Finance - Corporate
               (Principal Accounting Officer)    (Principal Financial Officer)

         Date: May 9, 2001                        May 9, 2001




                                       11