Michael 'Mike' Pandolfelli, Formerly Of ACR Financing, Dies At 78 In NJ Basil Michael Pandolfelli, known as Mike to his friends, of Mahwah, New Jersey, passed away on July 24, 2025 at the age of 78. Born in the Bronx, New York to Rose (nee
evident during those years as he continued to care for and support his children. Mike is survived by his daughters Michele Pandolfel- li-Greene (and her husband Thomas) of Stony Brook, New York; Lauren Pandolfelli (and her husband Andrew Lasala) of Forest Hills, New York; Gabriella Pandolfelli of Bayshore, New York; as well as his son, Michael Pandolfelli, of West- bury, New York. Mike was a loving grandfather to Sophia, Lil, Ryan, Lucas and Leonardo. A memorial service will be held at a later date. AF&PA Releases Monthly Boxboard, Containerboard Reports AF&PA released its Q2 2025 Boxboard and Container- board Quarterly reports on July 25. Total Boxboard production in Q2 remained essentially flat compared to Q2 2024. The boxboard operating rate was 87.6 percent, down 1.8 points from the same quarter last year. Solid Bleached Boxboard - Domestic production in Q2 increased 6 percent compared to Q2 2024. Total Containerboard production in Q2 decreased five percent compared to Q2 2024. It was down three percent when compared to the same six months of 2024. The op- erating rates for all four major grades declined from Q1, with the overall rate dropping 2.7 points. Production for export has declined nearly 12 percent year-to-date.
Maiorano) and Anthony Pan- dolfelli, Mike worked in his father’s butcher shop before graduating from St. John’s University. He went on to have a suc- cessful career in business, founding American Capital Resources (ACR), a compa- ny that financed and leased publishing equipment. Mar- rying his business acumen
Mike Pandolfelli
and love of boating, in the early 1990s, Mike purchased Hustler Powerboats, a manufacturer of high-performance boats on Long Island, New York, and often participated in Poker runs with his friends and colleagues. Generous with all his friends and family, Mike enjoyed throwing parties, traveling, fishing, scuba diving, skiing and watching the Yankees. Though he enjoyed great fi- nancial success, he experienced tough times during the 2008 financial crisis. His humility and perseverance were
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