Containerboard production was up 5.1 percent compared to October 2016. The month-over-month average daily production compared to September 2017 was 3.1 percent higher. The containerboard operating rate for October increased from 95.9 percent to 101.3 percent, which was 6 percentage points higher than October of last year. Year-to-date production of containerboard for export is up 3.5 percent, with the October volume surging 16.2 percent above the same month last year.
http://afandpa.org/media/news/2017/11/15/american-forest-paper-association-releases-october-2017-containerboard-report
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An Elkhart-based manufacturer of cardboard boxes already working to expand its operations in Elkhart is expanding elsewhere through a merger with another box-maker.
In a deal announced Tuesday, July 7, Welch Packaging Group is merging with American Corrugated Products, a Columbus, Ohio-based company that specializes in packaging for the automotive industry.
“American Corrugated Products has a mix of custom packaging solutions built on strong design capabilities which fits the Welch model like a glove,” Welch founder and CEO Scott Welch said in a statement. “This expands the talent, design and niche products that we can bring to our customer while broadening our automotive industry expertise. American Corrugated Products customers will greatly benefit from Welch’s geographic coverage and product capabilities.”
Combined, the companies have 900 employees across six states.
Welch Packaging was founded in Elkhart in 1985 and has facilities in Elkhart, Marion, Indianapolis, Chicago, and three Ohio plants in Columbus, Cleveland and Toledo.
American Corrugated has plants in Jackson, Mich.; Evansville; Morehead, Ky.; Columbia, Tenn., and Dyersburg, Tenn.
A statement from Welch Packaging did not specify how or if the companies’ leadership would be consolidated or how the merger might impact the people currently working at the companies. Calls and emails to a Welch company spokesperson for comment were not returned Tuesday afternoon.
Welch Packaging has grown significantly in the last few years through the acquisition of other box-making companies.
In May 2014, it acquired Go Packaging LLC in Lombard, Ill., and in March 2014 it bought Marion-based Indiana Corrugated. In November 2013, officials announced the acquisition of Nova Packaging, also in Marion.
http://www.elkharttruth.com/news/business/2015/07/08/Elkhart-s-Welch-Packaging-group-merges-with-Ohio-based-American-Corrugated-Products.html
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