An apparatus for manufacturing and converting a container includes a platform for slidably accommodating a sheet of packaging material, an actuation mechanism for feeding the sheet through the platform, and a gluing device for applying glue to a portion of the sheet. The apparatus further includes a magnet applicator assembly housing a plurality of magnets, a slug applicator assembly housing a plurality of slugs and a folding mechanism to align the sheet in a final glued form. The magnet applicator assembly applies magnets to the sheet at a pre-determined time, and the slug applicator assembly applies slugs to the sheet at a pre-determined time. The magnet and the slug are attached to the sheet by the glue applied by the gluing device. The magnet aligns with the slug forming a reclosable connection.