Graphic Packaging Holding Company (NYSE: GPK), today announced that its wholly owned subsidiary, Graphic Packaging International, Inc., has completed the previously announced acquisition of substantially all the assets of Carton Craft Corporation and its affiliate Lithocraft, Inc.
http://investors.graphicpkg.com/investor-relations/press-releases/press-release-details/2017/Graphic-Packaging-Completes-Acquisition-of-Carton-Craft-Corporation/default.aspx
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Net sales approximated $1.7 billion in the second quarter of 2021 which represented a $242 million increase from the prior year period. Higher average selling prices contributed $27 million to net sales. Adjusted for divestitures, shipments in tons increased 18 percent as higher sales volumes and favorable mix boosted revenues $255 million. Net sales benefited $79 million from favorable foreign currency translation. Recent divestitures reduced net sales by $111 million and revenue from technical services declined $8 million reflecting lower engineering project activity. Segment operating profit was $232 million in the second quarter of 2021 compared to $99 million in the prior year period.