Board Converting News, August 7, 2023

Are you getting a clean cut? Now you can! Learn more about this webinar and register at www. AICCbox.org/Calendar. Questions can be directed to Taryn Pyle, Director of Education & Leadership Develop- ment, tpyle@aiccbox.org, or Chelsea May, Education and Training Manager, cmay@aiccbox.org or (703) 836-2422. A key to understanding pay positions is relevant survey data to benchmark positions and assess how much infla- tion and other economic factors impact the market. AICC Technical Advisor, Tom Weber, will review some of these trends that he has witnessed recently regarding pay for performance to help companies stay competitive. The live webinar is free, and a recording of this webinar will be available on AICC NOW for companies with the All Access Pass or for individual purchase for those not reg- istered. AICC Announces August 10 Webinar: ‘Pay For Performance’ AICC, The Independent Packaging Association, an- nounced it will bring the free webinar, “Packaging Industry Trends - Pay for Performance in 2023,” to members on Au- gust 10 at 2:00 p.m. Eastern. There have been many changes this year with more to come in 2024. One of the biggest changes has been in the labor market. It is critical for companies to understand salary changes in the market across different geographical areas, industries, and job levels.

Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month June 2023

Year

Actual

Percent Change Avg Week Percent Change

2023 2022

33.006 34.817

-5.2

7.501 7.913

-5.2

Industry Total

Year-to Date

June 2023

Year

Actual

Percent Change Avg Week Percent Change

2023 2022

189.149 206.082

-8.2

7.447 8.113

-8.2

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

2023 2022

2.7037 2.8541

-5.3

15.5017 16.9061

-8.3

Container Board Inventory - Corrugator Plants (Thousands of Tons)

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

June May

2.2422 2.3221

-3.4

3.6 3.9

-7.7

Shipping Days

Year

Month

Year-to-Date

2023 2022

22 22

127 127

SOURCE: Fibre Box Association

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August 7, 2023

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