Total packaging papers & specialty packaging shipments in July increased seven percent compared to July 2019. They were up three percent when compared to the same seven months of 2019.
The operating rate was 84.5 percent, up 2.2 points from July 2019 and down 0.7 points year-to-date.
Mill inventories at the end of July decreased 1,000 short tons from the previous month and were up 17,000 short tons compared to July 2019.
https://afandpa.org/media/news/2020/08/17/american-forest-paper-association-releases-july-2020-packaging-papers-monthly-report
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There’s high anticipation for this upcoming fall season at Foremost Graphics in Michigan and it’s not due to college football. That’s when the 100-employee firm will move its fast-growing packaging division from an old multi-floor furniture factory to a newly remodeled state of the art 80,000 sq ft facility outside of Grand Rapids and install its first-ever KBA Rapida 106 41-inch sheetfed press. Along with the press, new ERP software and additional material handling equipment will provide improved workflows and shared resources with its existing corporate headquarters in the city of Walker, MI. “We’re at an exciting crossroads in our packaging business. We’ve invested millions of dollars in new equipment, including the KBA press, as well as in a new facility,” says Paul Kelly, president of Foremost Graphics. “Our goal is to facilitate the strong expansion in the packaging segment of our business, where we see equal growth opportunities in market segments including health and beauty, automotive and food processing for our national client base.” Click Read More below for additional detail.
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