Board Converting News, May 30, 2022

Board Converting News, May 30, 2022

BoardConverting Serving the North American Corrugated and Folding Carton Industries for 38 years May 30, 2022 VOL. 38. NO. 22

New York Label & Box Works Blazes New Folding Carton Trail BY NICK COOMBES For a company with a long history dating back to 1878, and with family origins in Germany, the homeland of printing, New York Label & Box Works in the 21st century is blazing a new trail in the production of fold- ing cartons and offering its customers greater flexibility combined with top-quality and highly competitive pricing – all on a single-pass pro-

WHAT’S INSIDE 5 NAM: Despite Concerns, Manufacturing Gains In April 8 OX Industries Adds New Facility In Hanover, PA 12 410 Plants Recognized For Safety Achievements In 2021 14 FBA Announces Launch Of New Recruitment Video The construction will require 72,000 cubic yards of concrete — so much that it is taking two local concrete companies to supply it all — as the mill requires foundations 15-feet deep and more than 3,000 40-foot pilings to support the structure and its machinery. Pratt Recycling Mill Gets $125M Permit In Kentucky Conyers, Georgia based Pratt Industries se- cured a building permit valued at $125 million for a new 372,000-square-foot paper mill in Henderson, Kentucky. The mill will recycle used corrugated containers and other mate- rials to make paper for new corrugated boxes. When complete and operational, Pratt’s “industrial complex” will employ 325 people with “good paying” jobs. “This is the largest jobs announcement, we believe, in West- ern Kentucky in 25 years,” said Gov. Andy Beshear in a statement. The city of Henderson obtained the build- ing permit because the Pratt complex is being financed through an industrial revenue bond, and the city owns the 200-acre plant site on the Kentucky 425/South Bypass. Pratt General Manager Ed Kersey said the company’s investment in the complex, origi- nally put at $400 million, is now expected to total at least $500 million.

duction line. Initially an importer of folding boxes under the ownership of Frederick Haedrich Sr., the company moved into print production in the 1930s, supplying labels and cartons to local pharmacies and drug- stores in the New York metropolitan area. Today, grandson Steven Haedrich is company President, and under his shrewd guidance the business has become a leading single-source supplier of printed packaging from labels to cartons and specialty prod- ucts for markets as diverse as cosmetics, healthcare, food, beverage, and both pharma and nutraceutical products. “There really isn’t much CONTINUED ON PAGE 24 New York Label & Box President Steven Haedrich is the third generation to run the company.

2 May 30, 2022

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

26# Semi-Chem. Medium

$1005.00-1010.00 $1020.00-1030.00 $1020.00-1030.00 $1020.00-1030.00 $1050.00-1060.00 $1023.00-1032.00

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

$940.00-990.00 $955.00-975.00 $955.00-975.00 $955.00-975.00 $975.00-995.00 $958.00-978.00

WANTED: ASSOCIATE EDITOR Full-time Associate Editor wanted to help edit, write and produce (in print and online) the ONLY WEEK- LY PUBLICATION serving the North American corrugated and folding carton industries. Must be a lover of the English language; computer literacy a must; Social Media savvy highly recommended; and must be proficient in Outlook, WORD, InDesign and Photoshop. Knowledge of manufacturing and the corrugated industry encouraged but not neces- sary. Competitive salary, medical benefits, 2-week paid vacation. Send resume and/or letter of inter- est to Len Prazych @ [email protected] or call (518) 366-9017 with questions or solutions.

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

8.34

8.34

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

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

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May 30, 2022

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4 May 30, 2022

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U.S. Paper Industry Reaches 68 Percent Recyclablility Rate

T he American Forest & Paper Association (AF&PA) last week announced that 68 percent of all paper consumed in the United States was recycled in 2021 – a rate on par with the highest rate previously achieved. Additionally, the recycling rate for old corrugated containers (OCC), com- monly known as cardboard, increased. The rate was 91.4 percent in 2021, up from the 2020 rate of 88.8 percent, and overall, a three-year average of 90.5 percent. “Paper recycling is stronger than ever and remains an environmental success story,” said AF&PA President & CEO Heidi Brock. “In 2021, U.S. paper recycling reached a high rate of achievement. Further evidence that our in- dustry’s investment and public participation in recycling programs are proven and effective.” Paper recycling extends the life of fiber and advances the circular economy. It allows for the creation of new, sus- tainable paper-based packaging and products. “Our industry is a leader in sustainability and under- stands what it means to be a responsible producer,” Brock said. “We are investing nearly $5 billion in projects from 2019 through 2024 to use approximately eight million ad- ditional tons of recovered fiber. This reflects a longstand- ing commitment to invest in manufacturing infrastructure using recycled paper and improve the circular nature of our industry.” Visit www.afandpa.org/priorities/recycling for more information about U.S. paper recycling statistics. NAM: Despite Concerns, Solid Gains In Manufacturing, Production in April Financial markets continue to process higher interest rates and the Federal Reserve’s attempts to control inflation, ac- cording to Chad Moutray, Ph.D. and Chief Economist at the National Association of Manufacturers (NAM) Indeed, the Federal Open Market Committee is likely to hike the fed- eral funds rate by 50 basis points at each of its next two meetings (June 14–15 and July 26–27), and there are con- cerns about the Fed’s ability to navigate a “soft landing” in the outlook. Other uncertainties include the Ukrainian conflict and COVID-19-related shutdowns in China. Yet, industrial production and retail sales >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48

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