Board Converting News, September 12, 2022

WestRock Breaks Ground (CONT’D FROM PAGE 8)

Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month June 2022

munity is committed to seeing WestRock succeed and I’m thankful that WestRock is committed to seeing our com- munity have an opportunity to prosper and grow as well,” said McFarland. “WestRock is committed to delivering on the promise of a sustainable future,” said Patrick Kivits, President of Corrugated Packaging, WestRock The planned woodyard improvements are expected to reduce the use of source material by four percent while yielding higher product vol- ume. This makes our planet better and contributes to the long-term operational success of both our facility and the Hodge community.” The Hodge mill, situated on a 1,700-acre site, was op- erated by RockTenn Company until the company merged with MeadWestvaco in 2015 to form WestRock. The invest- ment in construction of a new woodyard and new equip- ment will increase capacity and efficiencies and reduce operating costs at the facility and comes on the heels of the recently completed five-year modernization plan that the company announced in 2017. WestRock has 320 loca- tions employing 50,000 employees in 30 countries. The company employs more than 450 people with an annual payroll of more than $44 million in north Louisiana. Construction is expected to continue into 2024, with a

Year

Actual

Percent Change Avg Week Percent Change

2022 2021

34.771 35.948

-3.3

7.903 8.170

-3.3

Industry Total

Year-to Date

June 2022

Year

Actual

Percent Change Avg Week Percent Change

2022 2021

205.855 208.569

-1.3

8.019 8.170

-2.1

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

2022 2021

2.8451 2.9436

-3.0

16.8851 17.0466

-0.9

Container Board Inventory - Corrugator Plants (Thousands of Tons)

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

Jun. May

2.4415 2.3469

4.0

3.8 3.6

5.6

Shipping Days

Year

Month

Year-to-Date

2022 2021

22 22

127 126

SOURCE: Fibre Box Association

final completion date yet to be determined. Visit westrock.com for more information.

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September 12, 2022

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