Board Converting News, September 18, 2023

Welch Packaging Acquires AtCorr Packaging Products

AVERAGE CONTAINERBOARD PRICES The average prices reported are tabulated from prices PAID by various sources throughout the United States the week previous to issue. Prices in some areas of the country may be higher or lower than the tabulated average. The prices tabulated here are intended only for purposes of reference. They do not connote any commitment to sell any material at the indicated average. Transactions may be completed at any time at a price agreed upon by seller and purchaser.

Elkhart, Indiana based Welch Packaging, a corrugated packaging company, announced the acquisition of AtCorr Packaging Products LLC., in Glasgow, Kentucky. AtCorr was established in 2010 as a family-operated business. In efforts to invest and expand, Mike Jones and Kenny Whitworth sold the company to current owners Chris Hills, Chris Roderick, Jarrod Beliles, and Paul Virg. Virg, Beliles, and Hills will continue to lead AtCorr, with Beliles operating as General Manager. The fourth owner, Chris Roderick, will retire. The company serves customers in Kentucky and adjoining states. “We look forward to partnering with these strong indus- try veterans to serve and expand AtCorr’s customer base, as well as expand our cause with AtCorr’s associates,” said Scott Welch, President and CEO of Welch Packaging. With operations in six states in the Midwest and Mid- south, this acquisition reinforces Welch’s commitment to serve new customers. “We are excited to be under the Welch family umbrella. The way they give autonomy yet still support their busi- nesses is unique in today’s business world. Their existing network of sheet plants, complemented by their sheet feeders, will open opportunities we never had,” the own- ers of AtCorr said in a statement.

REGION E. Coast Midwest Southeast Southwest

42# Kraft liner $955.00-960.00 $970.00-980.00 $970.00-980.00 $ 970.00-980.00 $1000.00-1010.00 $973.00-983.00

26# Semi-Chem. Medium

Short Ton Del. Short Ton Del. Short Ton Del. Short Ton Del. Short Ton Del. Short Ton Del.

$ 890 .00-9 4 0.00 $9 0 5.00-9 2 5.00 $9 0 5.00-9 2 5.00 $9 0 5.00-9 2 5.00 $9 2 5.00-9 4 5.00 $9 0 8.00-9 2 8.00

West Coast U.S. Average

SHEET PRICES BY REGION (AVERAGE) Per 1MSF, local delivery included, 50MSF single item order, truckload delivery. Sheets

E. Coast Midwest South-SW S. CA N.CA/WA-OR US Aver.

200# 275#

$62.26

$72.05

$62.69 $82.80

$85.35 119.54

$73.13 101.29

97.32

99.89

90.86

113.65

OYSTER UP-CHARGE 8.34

8.34

8.34

8.34

8.34

8.34

275# DBL-WALL 350# DBL-WALL

107.46 118.45

114.69 129.32

116.54 137.25 117.82 145.56

141.08 148.46

122.76 131.80

CANADIAN SHEET PRICES (AVERAGE) In Canadian Dollars, per 1MSF, local delivery included, under 50MSF single item order, truckload delivery. 200# 275# Oyster UC 275#DW 350#DW $78.56 $99.18 $9.00 $96.32 $105.83 CANADIAN LINERBOARD & MEDIUM The average prices reported are tabulated from prices PAID by various sources throughout Canada. Prices may be higher or lower in various areas of the country. The prices tabulated here are intended only for purposes of reference. They do not connote any commitment to sell any material at the indicated average. Transactions may be completed at any time at a price agreed upon by seller and purchaser. Prices are Canadian $ and per metric ton.

42# Kraft Liner 26#

Semi-Chem Medium

East West

$9 2 0.00 $ 96 5.00

$9 1 0.00 $9 4 5.00

All CCM® OCT-Filters meet NFPA, OSHA and local code requirements.

No dry chemical fire protection required No explosion vents required No high speed abort gate CCM® OCT Filters = SAFE to operate and maintain 55,000 sq ft warehouse full of spare parts No need for compressed air

www.engineeredrecycling.com +1 770-954-8780

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September 18, 2023

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