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Board Converting News, April 12, 2021

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BoardConverting Serving the North American Corrugated and Folding Carton Industries for 37 years April 12, 2021 VOL. 37, NO. 15

AICC Southeast Summit In NC: ‘In-Person’ And Successful BY LEN PRAZYCH With a socially distant and COVID-compliant group of a reported 68 members and guests, AICC, The Independent Packaging Association, successfully hosted its first in-person event in more than a year at its Southeast Summit, held March 31 to April 1 at the Grandover Resort in Greensboro, North Carolina.

SupplyOne Acquires Bell Container Corp.

Newtown Square, Pennsylvania based Sup- plyOne, Inc., one of the largest independent suppliers of corrugated and other value-add- ed packaging products, equipment, and ser- vices in the U.S., announced that it has ac- quired Bell Container Corp, a privately-held manufacturer of custom corrugated products headquartered in Newark, New Jersey. Founded in 1919, Bell Container Corp. is one of the largest independent full-service corrugated manufacturers in New Jersey, serving customers in the greater New York metropolitan area. The company manufac- tures custom corrugated boxes, die-cuts, and displays, converting two billion square-feet of corrugated products annually. Bell Container is ISO 9001-2015, and SFI CoC Certified, and audited GMP approved. “This transaction will allow Bell Container to bring new efficiencies and speed to mar- ket solutions to its customers by addressing all of their packaging requirements from one point of contact,” said William Leith, CEO and President of SupplyOne. “In addition to cus- tom corrugated solutions, the company’s of- fering will expand to include SupplyOne’s en-

AICC President Mike D’Angelo opened the meeting promptly at 11:00 a.m. on Wednesday, March 31, and welcomed an anticipatory au- dience seated at appropriately distanced intervals at circular tables in the Grandover’s large ballroom. An AICC “swag bag” of hand sanitizer, “smell cards,” a face mask and a button with the phrase “no offense, it just makes sense” printed on a round pin on which a red line crossed two hands shaking, were given to attendees as a reminder that health and safety were to be a priority during the two-day affair. After thanking those who honored their commitment to attend the first in-person meeting in more than a year and thus, a return to semi-normalcy, D’Angelo presented a brief state of the association, citing a membership retention rate of 94 percent, a surge in the use CONTINUED ON PAGE 26 AICC President Mike D’Angelo welcomed attendees to the Association’s first in-person meeting in more than a year at AICC’s Southeast Summit at the Grandover Resort in Greensboro, North Carolina.

CONTINUED ON PAGE 4

WHAT’S INSIDE Hood Container Corp. Acquires Sonoco’s U.S. Display Business

6 x x 8 x x 12 x x 26 x x

10 Ray Rammelsberg, Formerly Of Valco Melton, Dies At 68 PPC Honors Voorhees With Lifetime Achievement Award 0 The Current Pace Of Mergers & Acquisitions

Machinery and Handling for the Corrugated Board Industry

AVERAGE CONTAINERBOARD PRICES The average prices reported are tabulated from prices PAID by various sources throughout the United States the week previous to issue. Prices in some areas of the country may be higher or lower than the tabulated average. The prices tabulated here are intended only for purposes of reference. They do not connote any commitment to sell any material at the indicated average. Transactions may be completed at any time at a price agreed upon by seller and purchaser.

REGION E. Coast Midwest Southeast Southwest

42# Kraft liner $955.00-960.00 $970.00-980.00 $970.00-980.00 $970.00-980.00 $1000.00-1010.00 $973.00-982.00

26# Semi-Chem. Medium

Short Ton Del. Short Ton Del. Short Ton Del. Short Ton Del. Short Ton Del. Short Ton Del.

$890.00-940.00 $905.00-925.00 $905.00-925.00 $905.00-925.00 $925.00-945.00 $908.00-928.00

West Coast U.S. Average

SHEET PRICES BY REGION (AVERAGE) Per 1MSF, local delivery included, 50MSF single item order, truckload delivery. Sheets

E. Coast Midwest South-SW S. CA N.CA/WA-OR US Aver.

200# 275#

$62.26

$72.05

$62.69 $82.80

$85.35 119.54

$73.13 101.29

97.32

99.89

90.86

113.65

OYSTER UP-CHARGE 8.34

8.34

275# DBL-WALL 350# DBL-WALL

107.46 118.45

114.69 129.32

116.54 137.25 117.82 145.56

141.08 148.46

122.76 131.80

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CANADIAN SHEET PRICES (AVERAGE) In Canadian Dollars, per 1MSF, local delivery included, under 50MSF single item order, truckload delivery. 200# 275# Oyster UC 275#DW 350#DW $78.56 $99.18 $9.00 $96.32 $105.83 CANADIAN LINERBOARD & MEDIUM The average prices reported are tabulated from prices PAID by various sources throughout Canada. Prices may be higher or lower in various areas of the country. The prices tabulated here are intended only for purposes of reference. They do not connote any commitment to sell any material at the indicated average. Transactions may be completed at any time at a price agreed upon by seller and purchaser. Prices are Canadian $ and per metric ton.

42# Kraft Liner 26#

Semi-Chem Medium

East West

$970.00

$960.00 $995.00

$1,015.00

April 12, 2021

www.boardconvertingnews.com

SupplyOne Acquires (CONT’D FROM PAGE 4)

Core Competency

gineered packaging supplies, packaging automation, and service programs designed to enhance customers’ profit- ability. Throughout their 100-year history, Bell Container’s dedicated employees have earned the confidence of their customers by providing the highest quality products and exemplary service. We are delighted to welcome them to the SupplyOne family.” “We are enthusiastic about joining SupplyOne’s team, and the synergies that come from combining Bell’s cor- rugated manufacturing capabilities with SupplyOne’s val- ued-added distribution expertise,” said Arnie Kaplan, Pres- ident & CEO of Bell Container. “As part of SupplyOne’s national network, we will be able to service our customers who have locations outside of the tri-state area. We are particularly excited about SupplyOne’s sales programs, food packaging expertise and equipment automation, which will make our customers more profitable.” SupplyOne provides mid-sized manufacturers, food processors, medical and e-commerce companies indus- try-leading packaging programs, products, and supply chain solutions to unlock efficiencies and cost savings. Since its founding in 1998, SupplyOne has become the acquirer of choice for privately held specialty corrugated packaging manufacturers and value-added packaging dis- tributors. SupplyOne is a portfolio company of Wellspring Capital Management.. Visit www.supplyone.com .

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April 12, 2021

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Hood Container Corp. Acquires Sonoco’s U.S. Display Business

and fulfillment facilities along with four sales and design centers and has approximately 450 employees. “Our U.S. Display and Packaging business has been an industry pioneer with a legacy of providing innovative solutions for complex supply chain challenges,” said How- ard Coker, Sonoco President and CEO. “However, Sonoco is focused on growing our core Consumer and Industrial packaging businesses around the world, and by divesting this business we expect to apply proceeds to further invest in ourselves while returning value to our shareholders.” According to Zack’s Equity Research, Sonoco’s Dis- play and Packaging business had been bearing the brunt of weak retail promotional display activity. In December 2020, the company sold its Display and Packaging seg- ment’s contract packaging business in Europe to Prairie Industries Holdings for cash proceeds of $120 million. This divesture is expected to have unfavorably impacted the company’s bottom-line results during the March-end quarter.

Atlanta, Georgia based Hood Container Corporation, a family owned paperboard and specialty paper manufactur- er with operations in containerboard, kraft paper, corrugat- ed boxes, high-graphic displays and contract packaging, corrugated, folded box and displays, has purchased the U.S. Display and Packaging business of Hartsville, South Carolina based Sonoco for $80 million in cash. Sonoco’s U.S. Display and Packaging business pro- duced net sales of approximately $135 million in 2020 and provides point-of-purchase display design, manufacturing and fulfillment as well as contract packaging services for consumer product customers with more than 250 brands. Based in Winston-Salem, North Carolina, the Display and Packaging business operates eight manufacturing

Oliver Inc. Acquires Boutwell Packaging

Oliver Inc. a manufacturer of high-quality folding carton and blister card packaging serving personal care, healthcare, automo- tive aftermarket, food and beverage, and consumer products markets with operations in New York, Ohio and Virginia, has con- firmed it has acquired Fitchburg, Massachu- setts based Boutwell Packaging. “Oliver is pleased to announce the acqui- sition of Boutwell to strengthen our position as a leading provider of custom paperboard packaging,” said Dan Rodenbush, President and CEO of Oliver. “With the addition of the Boutwell team, we will increase our reach into key markets while expanding our capa- bilities and capacity. We are proud to wel- come Boutwell to the Oliver family.” “Boutwell is extremely excited to team up with Oliver,” added Ward McLaughlin, CEO of Boutwell. “The combination of Boutwell and Oliver will generate value for our cus- tomers by expanding our ability to create unique, innovative, and sustainable world- class packaging.” Oliver has made significant investments in modern equipment, facilities, and people since Pfingsten became the majority share- holder in May 2016. The Boutwell trans- action represents Oliver’s third strategic acquisition and aligns with the company’s strategy to create a leading provider of in- novative, high-quality packaging solutions. The transaction closed March 31, 2021.

www.boardconvertingnews.com

April 12, 2021

40 ft of paper travel from preheater to hot plates 3 seconds of heat, glue and bonding 1 chance to get it right! the ZONE

Design & Production

Chicago Electric offers 10 technology solutions to control ‘the Zone’ CORRUGATOR Sectoral preheating plate

Our sectoral preheating plates provide direct heat by means of a double steam circuit, allowing for efficient heating in hard-to-access locations, as well as to act as a steam shower to open the paper’s fibre, making it receptive to absorbing the heat and the glue.

This translates into increased speed and improved quality of the cardboard sheet finish.

The system’s main advantages are as follows:

• The plate may only be used to heat, only to humidify, or both options at the same time. • The plate is sectored, which allows for applying humidity to the sections. • It provides temperature in previously inaccessible locations and near the location needed. • It compensates the loss of temperature dissipated due to distance, speed or limitations of the exiting preheaters. • Quick transferring of heat to the paper. • The combination of the hot plate and steam shower allows for providing heat even to the hardest papers to heat. • Does not dry out the paper. • Possibility of operating as a humidifier and pre-conditioner. • Maintains and improves the fibre’s elasticity. • Acts according to the operator’s needs. • Facilitates the paper’s hygroscopy to absorb the glue and improve rubberising.

CONTROLLABILITY

1. Wrap Arm - Position & Temperature 2. Preheater Direct Drive

DOUBLEBACKER IMPROVEMENT

3. Steam Plate 4. Contact Roll 5. Glue Machine Direct Drive Touch Productivity Issue—Glue Unit Many glue units run with a rider roll or a guiding bar system. The rider roll with paper gap allows a precise glue application, but requires frequent Contact Roll

PRODUCTIVITY

C/ Orfeó Català 13-15 · 08440 Cardedeu (Barcelona) telf: +34 93 846 01 06 · [email protected] WWW.AL-GAR.COM

DOUBLEBACKER IMPROVEMENT

calibrations and settings. Bar systems avoid this, but compensate this with the risk of exces- sive glue application. The system contains many wearing parts. Solution The contact roll combines the ad antage of both systems and ensures minimum contact between board and applicator roll. The system uses small pneumatic cylinders in order to achieve a “soft touch.”

6. Gap Control 7. Curved Plate 8. Roller Shoe Press When it comes to a short-term increas of web tension, spring loaded systems with shoes or airpressure activated system have problems in compensating these. The system is lifted for a short time. This may result in de-lamination and in the ‘double kiss’ effect. Solution For a defined and exact bonding point of the web fiv weight rollers will be installed usually over the first flat hotplate of the heating section. The rolls are mounted into a frame, which is actuated by means of two pneumatic cylinders. P oductivity Issu —Double Kiss Bonding

PRODUCTIVITY

DOUBLEBACKER IMPROVEMENT

Roller Shoe

DOUBLEBACKER IMPROVEMENT

9. Thin Wall Hot Plates 10. Pressure System Benefits —Exact glue application due to defined contact of applicator roll to web. Web is in contact to less flute tips compared to bar systems. • High precision glue application • Less moisture applied to web —No wear of shoes and springs —No adjustment of shoes or paper gap —Uniform glue application over entire working width for all flutes by use of pneumatic cylinders instead of springs — Less contamination by paper dust and glue remains —No jam of board because of web breaks caused by splice joints going through 630-784-0800 Benefits —Rollers secure exact defined first point of contact of liner and single-faced board - No double kiss —Frame design avoids unintended lifting of roller shoe (compared to spring or air loaded systems) - No double kiss —Pressure can be increased or released for special grades or products 490 Tower Blvd., Carol Stream, IL Contact Chicago Electric to GET IT RIGHT 630-784-0800 [email protected] chicagoelectric.com Solution The ProPress system ensures an optimum heat transfer to the board. It offers a wide range of set- tings. The loadi g pressure can be varied, the number of shoes can be lifted in accordance t the line speed. The outer shoes can be lifted in accordance to the paper width. The shoe bars will be delivered pre-assembled for a short installation time. —Liftable for easy paper infeed and for cleaning of the machine —Position adjustable in paper direction to avoid grooves in hotplate Press Productivity Issue—Poor Heat Transfer Rollers are usually limiting the heat transfer, since they often have contact mainly on the edges of the plates due to wear or bent plates. They also cause often loss of caliper and bearing need to be replaced frequently. Airpressure actuated systems can only supply a limited pressure and have com- pared to shoe systems a closed surface. Pressure Shoe

Plate vity Issue—Poor Heat Control l hotplates are slow to react to pressure due to high steam volume and massive y also have high heat radiation and heat profile. Worn plates can damage crease edge crush.

Thin-Wall Hot Plates

t by peripheral drilled hot plates. anufactured out of special wear and nt steel, through which a continuous is drilled, with one inlet and one outlet. ecured by a massive steel frame.

CORR24usa.com

ance from steam to paper surface results in fast heat flow n higher plate surface temperature

Benefits

ISM: Manufacturing Expands For 10th Consecutive Month In March 2021 Economic activity in the manufacturing sector grew in March, with the overall economy notching a 10th consecu- tive month of growth, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. The report was issued last week by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Manage- ment (ISM) Manufacturing Business Survey Committee: “The March Manufacturing PMI registered 64.7 percent, an increase of 3.9 percentage points from the February reading of 60.8 percent. This figure indicates expansion in the overall economy for the 10th month in a row after contraction in April. The New Orders Index registered 68 percent, up 3.2 percentage points from the February read- ing of 64.8 percent. “The Production Index registered 68.1 percent, an in- crease of 4.9 percentage points compared to the Febru- ary reading of 63.2 percent. The Backlog of Orders Index registered 67.5 percent, 3.5 percentage points above the February reading of 64 percent. The Employment Index registered 59.6 percent, 5.2 percentage points higher than the February reading of 54.4 percent. The Supplier Deliveries Index registered 76.6 percent, up 4.6 percent- age points from the February figure of 72 percent. The CONTINUED ON PAGE 40

Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month December 2020

Year

Actual

Percent Change Avg Week Percent Change

2020 2019

34.916 31.332

11.4

8.729 7.833

11.4

Industry Total

Year-to Date

December 2020

Year

Actual

Percent Change Avg Week Percent Change

2020 2019

406.776 393.483

3.4

8.071 7.838

3.0

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

2020 2019

2.7727 2.5660

8.1

33.0739 32.3005

2.4

Container Board Inventory - Corrugator Plants (Thousands of Tons)

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

Dec. Nov.

1.8921 1.7912

5.6

2.7 2.5

8.0

Shipping Days

Year

Month

Year-to-Date

2020 2019

20 20

252 251

SOURCE: Fibre Box Association

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April 12, 2021

Ray Rammelsberg, Formerly Of Valco Melton, Dies At 68

The Perfect Combo Get Peak Performance From Your Equipment with Matched Component Sets

Raymond (Ray) Rammelsberg Jr., passed away at home on March 28, 2021, in California, Kentucky, of cancer. He

began his career on September 26, 1988, at Valco Melton (for- merly Valco Cincinnati) as Man- ager of Engineered Products, at the Corporate Office in Cincin- nati, Ohio. During Ray’s very successful

career of more than 30 years he impacted the company’s growth in adhesive application and quality assurance products through his tireless efforts in multiple upper sales manage- ment roles until his final position as Sales Manager, Corrugated and Corporate Accounts, prior to retiring in 2019. He is survived by his wife, Sharri Rammelsberg; sons Joe Rammelsberg, Ian Hamilton, Drew Hamilton, and Jus- tin Shawl; step-daughters Heather Kremer, Kassie Arnett, Brooke Webster and Ashley Pfeffer; brother David Ram- melsberg; sisters Barbara Heck and Beverly Dorgan; and four grandchildren. Ray Rammelsberg

Nothing’s more rewarding than a couple made

for each other. That’s why the engineers at ARC International have focused their skills and talents on crafting perfect matches between the components that must work in tandem on your exo folder gluers and die-cutters: • Anilox Rollers and Ink Chambers • Anilox andWiper Rollers • Feed and Pull Rollers • Glue andMeter Rollers You can achieve the press speeds and print quality you need to ll your most demanding orders by pairing your team with The ARChitects of Flexo. Contact ARC today to learn how these engineered matches of exo folder gluer and die-cutter components (new or reconditioned)

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can help you achieve a more perfect union of production and prots.

The ARChitects of exo

Robyn Smith at 910-553-4055 /[email protected] Len Prazych at 518-366-9017 / [email protected]

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April 12, 2021

ARC.5pBCN_AnlxChmbr.indd 1

2/4/21 2:13 PM

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PPC Honors Former WestRock CEO Voorhees With Robt. T. Gair Lifetime Achievement Award The Paperboard Packaging Council (PPC) has selected Steven C. Voor- hees, former CEO of WestRock, as the recipient of its 2021 Robert T. Gair Award. Named after the man whose innovation gave birth to the modern

folding carton, the Robert T. Gair Award is reserved for individuals who have made significant and lasting contributions to the paperboard packaging industry.

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Steven Voorhees Long before Voorhees found himself driving success for one of the world’s largest paper and packaging companies, he was pushing a lawnmower across the lawn of his childhood home in Michigan. Voorhees attributes this and other chores to his father, a navy commander with a post-retirement career in the chemical in- dustry, as instilling within him the strong work ethic that would serve him throughout his career. After receiving his undergraduate degree from Northwestern Universi- ty and MBA from the University of Virginia, Voorhees spent the first leg of his career working for the Birmingham, Alabama based energy company, Sonat. He went on to join the paperboard packaging firm, RockTenn, which would later become WestRock as part of a merger under Voorhees’ guid- ance. He held numerous leadership positions there before being named CEO in 2013. Voorhees’ many accomplishments center around expanding West- Rock’s capabilities, geographic presence and industry leadership with nu- merous acquisitions. Voorhees is known for cultivating a corporate culture that delivered immeasurable value to customers, stockholders and team- mates alike. “I congratulate Mr. Voorhees on his significant accomplishment—and it is significant. In fact, PPC has only given 19 Gair Awards during its 92- year history,” said Ben Markens, PPC President. “Only the most committed and exemplary individuals can receive the award, those who have left an indelible mark not only on the industry but on PPC as well as their own communities. Without a doubt, Mr. Voorhees fits the bill.” Indeed, Voorhees’ impact extends beyond our industry. As a commu- nity partner, he has lent his business and leadership expertise to sever- al Metro Atlanta organizations, including Junior Achievement of Georgia and Boys & Girls Clubs. As an advocate for youth programs and educa- tion, Voorhees was one of the business leaders that supported the devel- opment of 3DE by Junior Achievement, an innovative approach to high school that integrates business connectivity into education to provide a real-world, authentic, experiential curriculum. “I am extremely grateful to the PPC for this exceptional recognition,” said Voorhees. “It has been a privilege to serve the paper and packaging industry, including WestRock as president and CEO. Thank you to all of the people who have supported me throughout my career and enabled this recognition, including my wife, Celia, and the incredible WestRock team members around the world who work tirelessly every day to connect peo- ple to essential, sustainable products.” Announced virtually last week during PPC’s Spring Meeting, the 2021 Robert T. Gair award will be celebrated in-person during the association’s Fall Conference, October 27-29, 2021, in Savannah, Georgia.

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April 12, 2021

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