Board Converting News, March 16, 2026

and the team to support the company’s transformation and growth.” “As a family-run company with stellar fundamentals op- erating in an industry with stable and attractive long-term growth, Key Container is precisely the kind of opportuni- ty that we see as having terrific potential to scale,” said Chase Beeler, Managing Director at Altamont. Sonoco To Implement $70 Increase On Uncoated Recycled Paperboard Sonoco Products Company will implement a $70 per ton price increase for all grades of uncoated recycled paper- board in the United States and Canada, effective with ship- ments beginning in April 2026. The company attributed the change to tightening market conditions, increased mill utilization rates, and inflationary input costs. Converted paperboard products, including tubes, cores, cones, partitions, and protective packaging, will also see an 8 percent price increase for shipments on and after 15 April 2026. Taylor Lane, Vice President and Gener- al Manager of Industrial Paper Packaging North America, stated the company aims to maintain service quality while adjusting to current market dynamics. Founded in 1899, Sonoco is a global leader in val- ue-added, sustainable metal and paper consumer and in- dustrial packaging.

Key Container (CONT’D FROM PAGE 1)

en growth playbooks and experts within their network will strengthen existing operations, enable new customer re- lationships and future expansion, and support our goal of providing our customers with the whole package.” “Over the past six decades, Key Container has estab- lished itself as a regional manufacturing leader,” said Bil- ly Medof, Operating Partner at Altamont. “Ever-changing customer needs require that packaging suppliers stay nimble, capable, reliable, and customer-first. We believe Key Container, with its top-notch facilities, operations, and customer service, is well-positioned in today’s evolving market, and we’re excited to work in lockstep with David

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