Board Converting News, September 30, 2024

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. REGION 42# Kraft liner 26# Semi-Chem. Medium $ 900.00-925. 00 $ 825. 00 -$850.00 U.S. Average 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 $970.00 $960.00 West $1,015.00 $995.00 REGION

Welch Packaging Merges (CONT’D FROM PAGE 1)

rugator operation in Indianapolis, known as IndyCorr. Cap City Container will be positioned to leverage supply chain support from IndyCorr, sourcing their corrugated board in- ternally. “Welch Packaging brings a valuable network of support to Cap City Container,” adds Rich Purcell. “I am excited for the wealth of resources and experi- ence this merger brings together and how it will translate into new opportunities for our customers.” Specific terms of this agreement were not disclosed. Since 1974, Cap City Container has been providing businesses in Indianapolis and the central Indiana area

with custom corrugated box solutions. Founded in 1985, Welch Packaging is a multi-generational family-owned and led business. The company operates a network of corru- gated sheet plants supported by its own sheet feeder sys- tem. Welch has a history of integrating other corrugated sheet plants while preserving their legacy. For more infor- mation, visit welchpkg.com or capcitycontainer.com . From left, Joe Stiglitz (Welch Packaging), Josh Bryant (Cap City Container), M. Scott Welch (Welch Packaging), Rich Pur- cell (Cap City Container), and Lindsay Welch (Welch Packag- ing).

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September 30, 2024

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