Caraustar Industries, Inc. announced a minimum price increase of 7.0% on all paper tube and core products. The increase will be effective starting with shipments on July 18, 2018.
The increase is in response to strong market dynamics and inflationary cost pressures in transportation (both inbound and outbound) and chemicals.
https://www.prnewswire.com/news-releases/caraustar-announces-a-minimum-7-0-price-increase-on-all-paper-tube-and-core-products-300667742.html
Related Posts
We’re excited to announce the expansion of our air filtration packaging program with the addition of our new 77,000-square-foot facility in Tabor City, North Carolina! The air filtration industry is experiencing record demand… we’re here to help it with custom die-cutting, folding, gluing, and printing capabilities. Atlantic can produce nearly any design you need for your filter frames, whether that involves standard tooling or complex die cuts. Over the last 25 years, we have developed what we believe to be the premier program of products to supply the air filtration industry.
Highlights *Earnings per diluted share (EPS) of $0.83 *Achieved record revenue in each business segment *Achieved record segment income in Dispensing and Specialty Closures and Custom Containers *Confirmed record full year earnings outlook *Renewed long-term contract with largest steel food container customer *Announced transfer of stock listing to NYSE, effective August 1, 2022
The Mayr-Melnhof Group is strengthening the Neupack folding box production at the Hirschwang site in Austria with an extensive future-oriented program. An investment plan of EUR 18 million in buildings and machines is intended to significantly increase the international competitiveness of the location in the growth markets of e-commerce packaging and high-quality printed consumer goods packaging in ultra-fine wave (microwave) for products such as food, pet food and electrical household appliances. In addition to the construction of an enlarged production and warehouse hall, investments are made in new printing technology, punching capacities as well as state-of-the-art automation and infrastructure. The aim is to lead Neupack Hirschwang into the future with bundled forces and an attractive range of products with good earnings. This makes the folding box factory a sustainable employer in the region with currently 215 employees.