Board Converting News, January 15, 2023

SupplyOne Acquires (CONT’D FROM PAGE 6)

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

first international acquisition, the company’s go to market strategy offers a significant opportunity to grow and ex- pand in one of the largest metro areas in North America. We are delighted to welcome Crownhill Packaging’s ca- pable employees into the SupplyOne family.” “Our service-oriented approach to customers aligns perfectly with the culture of SupplyOne, and we are de- lighted to be able to expand our product offering and geographic reach as part of the SupplyOne family,” said Rodney Taylor, Vice President of Crownhill Packaging. This acquisition represents the 39th addition to the SupplyOne portfolio in its 25 years in business. With 18 corrugated production facilities and 45 distribution cen- ters across North America, the company offers a national (and now international) footprint of corrugated and pack- aging capabilities under one roof with a dedicated focus on local marketplaces. Each region services its custom- ers directly, offering in-person sales support, inventory management and equipment service. “SupplyOne's service platform delivers personalized support with a robust manufacturing and distribution foundation. We’re enthusiastic about expanding our cus- tomer and vendor relationships, diversifying our prod- uct offerings, and pursuing further growth through ac- quisitions in Canada,” said Ken Wong, Vice President of Crownhill Packaging.

Year

Actual

Percent Change Avg Week Percent Change

2023 2022

3 0.911 3 2.734

-5. 6

7. 728 7. 794

- 0.8

Industry Total

September 2023

Year-to Date

Year

Actual

Percent Change Avg Week Percent Change

2023 2022

285.619 305.519

- 6.5

7. 556 7.998

- 5.5

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

2023 2022

2. 5387 2. 6314

- 3.5

23.3187 24.8978

- 6 .3

Container Board Inventory - Corrugator Plants (Thousands of Tons)

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

Sept. Aug.

2.2 15 2 2. 1606

2.5

3. 5 3. 6

- 2.8

Shipping Days

Year

Month

Year-to-Date

2023 2022

2 0 2 1

1 89 1 91

SOURCE: Fibre Box Association

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January 15, 2024

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