Sonoco announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning May 30, 2022. Sonoco said the price change reflects continued tight market conditions and inflationary pressures on manufacturing costs, including energy, freight, chemicals, packaging materials and labor. “Unfortunately, the conditions that challenged us in 2021 have not dissipated in 2022. We continue to be challenged by strong demand, increasing backlogs and inflating costs,” said Tim Davis, Division Vice President and General Manager, Paper – U.S. and Canada.
Oliver Printing & Packaging Company, a leading provider of print, display and packaging services, today announced the acquisition of Pohlig Packaging, a packaging manufacturer based in Richmond, Virginia.
Pohlig Packaging is a manufacturer of folding cartons, micro-fluted corrugated boxes and setup boxes, serving the food and grocery, consumer products, automotive aftermarket and healthcare markets
“Pohlig Packaging is on the cutting edge of the packaging business and has a strong national and specialty focus that will allow us to expand our capabilities, customer base and end markets,” said George Oliver, president of Oliver Printing & Packaging Company. “Our companies are highly complementary with similar customer-centric cultures, which further enhances the quality and value of our combined services.”
This acquisition unites two organizations that will now share the mission of investing in the latest technology and the most talented people to deliver on customers’ print, display and packaging requirements.
“We are thrilled to join forces with Oliver Printing & Packaging Company,” added Mike Gaffney, managing partner of Pohlig Packaging. “Together, we will be able to better serve our combined customer base with additional resources, equipment and capabilities.”