Automatically wrap and merge text from a template used for a quote form

I am using an excel sheet from a template as a form for supplying quotes. If the text description of the items quoted only take up one row, there is no issue. Most of the time the text description is 2-4 rows which must be manually wrapped and merged to fit the form. I need the rows to automatically wrap and merge when the line is longer than the allotted space for 1 row and not increase the length of the form. The same text needs to wrap and merge on another sheet used for a packing slip but the rows are longer than the quote sheet. More details are in the template. Any help would be appreciated.

Thanks dflak, that's close to what I want. BTW this was the first macro I've added to Excel. I was able to execute the macro and it did resize the row to what I assume is the correct height but the text did not wrap, it still only shows one line of text even though the row has increased in height.
Do we need to add something else to the macro?