BoardConverting Serving the North American Corrugated and Folding Carton Industries for 37 years August 2, 2021 VOL. 37, NO. 31
Maximize All Trade Show Tax Deductions At SuperCorrExpo
TricorBraun Acquires SGB Packaging Group
St. Louis, Missouri based TricorBraun an- nounced last week that it has acquired Hack- ensack, New Jersey based SGB Packaging Group, Inc. WIth the acquisition, TricorBraun expects to strengthen its presence in the fast-growing cosmetics, skin care, fragrance, and personal care industries. Additionally, the acquisition further expands TricorBraun’s ro- bust global supplier network. Serving customers for 25 years, SGB Pack- aging is a full-service packaging provider for the cosmetics, skin care, fragrance, and per- sonal care industries, specializing in prestige and masstige segments. It also serves the makeup and hair care industries. “Our acquisition of SGB Packaging strengthens our presence in growing indus- tries, while serving customers with new prod- ucts, and expanding our vast global supplier network,” said Court Carruthers, President and CEO, TricorBraun. “Shoshana Gibli and her team have built an impressive business known for its outstanding customer service, industry expertise, and diverse product offer- ings, and we are excited to welcome them to the TricorBraun family.”
BY PHILLIP M. PERRY
If you’re attending 2021 SuperCorrExpo, you’ve probably noticed that travel costs keep going up. Sending several people, or in some cases, the entire sales and management team, to an event can result in a se- rious hit to your bottom line.
Luckily, Uncle Sam allows you to soften the financial blow by de- ducting your travel expenses on your income tax return for any legiti- mate show. And what qualifies as legitimate? The answer is basically that the event must relate directly to your business. “As long as you are expecting to generate business from the trade show, then expenses for attending are legitimate deductions,” says Richard R. Rhodes, an enrolled agent with Hinckley Tax Service, Medi- na, Ohio ( hinckleytaxservice.com ). “Even if you do not generate reve- nue directly from the event, you might be anticipating doing business in the future with someone you have networked with.” Supporting Material You can take specific steps to establish that your trip is a legitimate one for tax purposes. “The IRS wants to know the intent behind your travel,” says Suzette Flemming, President of Flemming Business Ser- vices, a financial management company based in Great Falls, Montana, CONTINUED ON PAGE 24 More than 2,500 attendees, speakers and guests, each of them incurring business and travel expenses, are expected to attend 2021 SuperCorrExpo.
CONTINUED ON PAGE 4
WHAT’S INSIDE Elizabeth McCormick, Former U.S. Pilot, To Keynote At SCE
6 x x 8 x x 12 x x 26 x x
12 AICC Midwest Golf Outing A Success, Scholarships Given 6 CompanyBox Completes Digital Expansion In NC 18 Early Sellout Expected For ICPF Holiday Weekend In New York
Machinery and Handling for the Corrugated Board Industry
Machinery and Handling for the Corrugated Board Industry
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 E. Coast Midwest Southeast Southwest
42# Kraft liner
26# Semi-Chem. Medium
$1005.00-1010.00 $1020.00-1030.00 $1020.00-1030.00 $1020.00-1030.00 $1050.00-1060.00 $1023.00-1032.00
Short Ton Del. Short Ton Del. Short Ton Del. Short Ton Del. Short Ton Del. Short Ton Del.
$940.00-990.00 $955.00-975.00 $955.00-975.00 $955.00-975.00 $975.00-995.00 $958.00-978.00
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.
OYSTER UP-CHARGE 8.34
275# DBL-WALL 350# DBL-WALL
116.54 137.25 117.82 145.56
P E R F O R M A N C E D E L I V E R E D • HEAVY, DENSE BALES • RELIABLE AUTOMATIC TIER • LOW OPERATING COST PER TON AMERICAN BALER TAKES PERFORMANCE TO NEW HEIGHTS! 800.843.7512 AmericanBaler.com I N T E G R I T Y I Q U A L I T Y I R E L I A B I L I T Y I VA L U E
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#
Join Us at Booth 1561 | October 8-12 | Orlando, FL
August 2, 2021
TricorBraun Acquires (CONT’D FROM PAGE 1 )
SGB Packaging expands TricorBraun’s global supplier network with innovative European and other internation- al supplier partnerships focused on prestige categories where SGB Packaging is the sole North American repre- sentative. All team members, including founder and President Shoshana Gibli, and senior leaders Lauren Gibli and Julie Gibli, will remain with TricorBraun. The team will continue to work out of the company’s existing location in Hacken- sack, NJ. Effective with the acquisition, SGB Packaging will operate as SGB Packaging, a TricorBraun company. “SGB Packaging has been a mainstay in cosmetics, fragrance, personal care, and skin care packaging for a quarter of a century,” said Shoshana Gibli, founder and President, SGB Packaging. “We are excited to explore new growth opportunities with TricorBraun, and we are thrilled to offer expanded services to customers—including Tricor- Braun’s custom design capabilities―helping to cement our business as a packaging one-stop shop.” TricorBraun has partnered with management teams to successfully acquire and further accelerate growth for more than 25 packaging companies across North Ameri- ca. SGB Packaging marks TricorBraun’s eleventh acquisi- tion in the last three years. Terms of the agreement were not disclosed. Visit www.tricorbraun.com for more information.
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Elizabeth McCormick, Former U.S. Helicopter Pilot, To Keynote At SCE SuperCorrExpo (SCE) 2021, presented jointly by TAPPI and AICC, announced that it has added a sixth inspiring
pelling, top-secret intelligence missions, and transported high-level government VIPs including the Secretary of De- fense. She joins five other dynamic keynoters, including two from leading corrugated industry companies: Greif Inc. President and CEO Pete Watson and WestRock CEO David Sewell. The additional speakers are Duncan Wardle, former Head of Innovation and Creativity at Disney and founder of id8 & innov8, Co-founder and CEO of Tanjo, Inc. Richard Boyd, and Jim Morris, athlete, author, teacher, and inspiration for the movie “The Rookie.” SuperCorrExpo 2021 takes place August 8-12 at the Orange County Convention Center in Orlando, Florida. Considered one of the most influential corrugated pack- aging-focused trade shows in the Western Hemisphere, SCE brings together producers and suppliers from around the globe. There are 17 planned sessions, 25-plus hours of educational material, eight relationship-building events, and more than 240 exhibitors expected, many with work- ing equipment and live demonstrations.
keynote speaker, Elizabeth Mc- Cormick, former United States Black Hawk Helicopter Pilot, Chief Warrant Officer 2 and Congressio- nal Veteran Commendation recip- ient. McCormick, who will speak at TAPPI’s Women in Industry Divi- sion breakfast on Wednesday, Au- gust 11, is a motivational speaker
specializing in leadership, sales and safety. As a decorated U.S. Army Black Hawk Helicopter Pilot, McCormick flew air assault, command and control, rap- Elizabeth McCormick
Safety guidelines and protocols from the Centers for Disease Control and Prevention, the state of Florida and the Orange County Convention Center are being closely moni- tored and implemented. To learn more and to register, visit supercorrexpo.org or con- tact TAPPI Corrugated Division Manager Kristi Ledbetter at email@example.com. ICCA Publishes Global Macroeconomic Outlook The International Corrugated Case Associ- ation (ICCA) has announced the publication of a Global Macroeconomic Outlook. The report, produced by third-party consultant Freedonia at the request of ICCA, provides a snapshot of current economic conditions corresponding to the regions reported in the ICCA Quarterly Statistics. Traditionally, ICCA has published a global 5-year corrugated forecast every two years. The Global Corrugated Forecast was de- layed in 2021 due to changing and turbulent economic conditions around the world. ICCA still intends to publish a complete Global Corrugated Forecast at a later date. The cur- rent report is provided in the interim as many countries continue to respond to the impact of the coronavirus and anticipated econom- ic recovery. For questions about the Glob- al Macroeconomic Outlook, contact Peggy Lacy at firstname.lastname@example.org. An additional economic update will be provided at the ICCA Global Summit to be held November 16-19, 2021, at the Bahia Del Duque Hotel in the Canary Islands, Spain.
August 2, 2021
40 ft of paper travel from preheater to hot plates 3 seconds of heat, glue and bonding 1 chance to get it right! the ZONE
Design & Production
Chicago Electric offers 10 technology solutions to control ‘the Zone’ CORRUGATOR Sectoral preheating plate
Our sectoral preheating plates provide direct heat by means of a double steam circuit, allowing for efficient heating in hard-to-access locations, as well as to act as a steam shower to open the paper’s fibre, making it receptive to absorbing the heat and the glue.
This translates into increased speed and improved quality of the cardboard sheet finish.
The system’s main advantages are as follows:
• The plate may only be used to heat, only to humidify, or both options at the same time. • The plate is sectored, which allows for applying humidity to the sections. • It provides temperature in previously inaccessible locations and near the location needed. • It compensates the loss of temperature dissipated due to distance, speed or limitations of the exiting preheaters. • Quick transferring of heat to the paper. • The combination of the hot plate and steam shower allows for providing heat even to the hardest papers to heat. • Does not dry out the paper. • Possibility of operating as a humidifier and pre-conditioner. • Maintains and improves the fibre’s elasticity. • Acts according to the operator’s needs. • Facilitates the paper’s hygroscopy to absorb the glue and improve rubberising.
1. Wrap Arm - Position & Temperature 2. Preheater Direct Drive
3. Steam Plate 4. Contact Roll 5. Glue Machine Direct Drive Touch Productivity Issue—Glue Unit Many glue units run with a rider roll or a guiding bar system. The rider roll with paper gap allows a precise glue application, but requires frequent Contact Roll
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calibrations and settings. Bar systems avoid this, but compensate this with the risk of exces- sive glue application. The system contains many wearing parts. Solution The contact roll combines the ad antage of both systems and ensures minimum contact between board and applicator roll. The system uses small pneumatic cylinders in order to achieve a “soft touch.”
6. Gap Control 7. Curved Plate 8. Roller Shoe Press When it comes to a short-term increas of web tension, spring loaded systems with shoes or airpressure activated system have problems in compensating these. The system is lifted for a short time. This may result in de-lamination and in the ‘double kiss’ effect. Solution For a defined and exact bonding point of the web fiv weight rollers will be installed usually over the first flat hotplate of the heating section. The rolls are mounted into a frame, which is actuated by means of two pneumatic cylinders. P oductivity Issu —Double Kiss Bonding
9. Thin Wall Hot Plates 10. Pressure System Benefits —Exact glue application due to defined contact of applicator roll to web. Web is in contact to less flute tips compared to bar systems. • High precision glue application • Less moisture applied to web —No wear of shoes and springs —No adjustment of shoes or paper gap —Uniform glue application over entire w orking width for all flutes by use of pneumatic cylinders instead of springs — Less contamination by paper dust and glue remains —No jam of board because of web breaks caused by splice joints going through 630-784-0800 Benefits —Rollers secure exact defined first point of contact of liner and single-faced board - No double kiss —Frame design avoids unintended lifting of roller shoe (compared to spring or air loaded systems) - No double kiss —Pressure can be increased or released for special grades or products 490 Tower Blvd., Carol Stream, IL Contact Chicago Electric to GET IT RIGHT 630-784-0800 firstname.lastname@example.org chicagoelectric.com Solution The ProPress system ensures an optimum heat transfer to the board. It offers a wide range of set- tings. The loadi g pressure can be varied, the number of shoes can be lifted in accordance t the line speed. The outer shoes can be lifted in accordance to the paper width. The shoe bars will be delivered pre-assembled for a short installation time. —Liftable for easy paper infeed and for cleaning of the machine —Position adjustable in paper direction to avoid grooves in hotplate Press Productivity Issue—Poor Heat Transfer Rollers are usually limiting the heat transfer, since they often have contact mainly on the edges of the plates due to wear or bent plates. They also cause often loss of caliper and bearing need to be replaced frequently. Airpressure actuated systems can only supply a limited pressure and have com- pared to shoe systems a closed surface. Pressure Shoe
Plate vity Issue—Poor Heat Control l hotplates are slow to react to pressure due to high steam volume and massive y also have high heat radiation and heat profile. Worn plates can damage crease edge crush.
Thin-Wall Hot Plates
t by peripheral drilled hot plates. anufactured out of special wear and nt steel, through which a continuous is drilled, with one inlet and one outlet. ecured by a massive steel frame.
ance from steam to paper surface results in fast heat flow n higher plate surface temperature
DS Smith GA Paper Mill Earns ISO-50001 Certification
Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month June 2021
DS Smith’s paper mill in Riceboro, Georgia, has earned top honors as an industry leader in energy efficiency. The In- ternational Organization for Standardization (ISO) recently recognized DS Smith’s mill in Riceboro the first ISO-50001 certified facility in the pulp, paper and paper products in- dustry in North America. It’s one of only 145 sites in the U.S. to have received that certification since the ISO’s program began 2012, designed to audit and highlight companies that embrace effective energy management systems. According to the most recent ISO survey, it had certified 260 companies worldwide in the pulp, paper and paper products sector, and none was in the U.S., until DS Smith’s Riceboro. “The old adage that you can’t manage what you don’t measure has never been more important,” said Giancarlo Maroto, Managing Director, Paper, Forestry and Recycling for DS Smith North America. “This program will guide us in our plans to boost energy efficiency, improve environ- mental quality and achieve our goal of reducing carbon emissions, a major component of our Now and Next sus- tainability strategy, and our ambitious climate targets.” The Riceboro facility, one of the largest employers in Liberty Country, is considered one of the nation’s cleanest effluent paper mills producing Kraft linerboard.
Percent Change Avg Week Percent Change
Percent Change Avg Week Percent Change
Containerboard Consumption (Thousands of Tons)
Percent Change Year-to-Date Percent Change
Container Board Inventory - Corrugator Plants (Thousands of Tons)
Corrugator Plants Only
Percent Change Weeks of Supply
SOURCE: Fibre Box Association
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Kolbus America Names Rendon Marketing Communications Manager Cleveland, Ohio based Kolbus America reported that it has appointed Rebecca Rendon as Marketing and Communi- cations Manager. She started in her new role on July 26. Rendon will assume responsi-
bility for the marketing and brand management of Kolbus America, including the Hycorr and AutoBox product lines in North America. She brings to Kolbus a wealth of marketing and communications
experience within the packaging industry and a track re- cord of increasing sales through strategic marketing efforts and brand awareness. She has previously worked with in- dustry suppliers and converters as a marketing consultant, and most recently as the Editor and Marketing Manager for Brunton Business Publications’ The Packaging Portal. “We are thrilled to welcome Rebecca to the Kolbus America team,” said Jeff Dietz, President of Kolbus. “She will play a critical role as the Kolbus organization continues to grow in the corrugated and rigid box space. The com- bination of marketing talent and her commitment to the industries we service will not only make Rebecca an asset to Kolbus, but the customers we partner with, as well.” Rebecca Rendon
August 2, 2021
The NEW KOLBUS Hycorr RD115/135S Flexo Rotary Die Cutter represents years of investment by the KOLBUS engineering team in Rahden, Germany and the Hycorr technical team in Kalamazoo, Michigan. This cooperation, combined with the input from our customers, has resulted in the ultimate blend of quality, performance, and value. Designed with all corrugated markets in mind, the RD115/135S is well equipped for high throughput, quick make-ready, and high graphics print production. With a complement of new features and benefits to accompany.
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AICC Midwest Golf Outing A Success, Scholarship Award Winners Recognized
Casey Shaw, Director of Customer Service at Batavia Container and AICC Midwest Region Director, has announced that the AICC Midwest Golf outing on Monday, July 19, 2021, was a tremendous success after being canceled last year due to the pandemic. Members from across the entire
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Midwest and as far as California and the East Coast, met at the St. Charles Country Club in St. Charles, Illinois for a fun day of golf and networking. A total of 108 converters and suppliers played golf and a total of 128 attended the dinner. A special thank you goes out to Clay Shaw of Batavia AICC Midwest Region Board Members, from left, Michael Klear of Corrugated Solutions, Clay Shaw of Batavia Container, Keith Reiter (past Board Member) of K. B. Reiter LLC, Casey Shaw of Batavia Container, Tim Engle of Baysek Ma- chines, and Shari Saeger of Inspire Automation.
600 + Plants 60,000 Users North America Latin America
Container, who once again hosted the event. The AICC Midwest Region Board Members would like to extend a thank you to everyone that spon- sored the event, without whom the event would not have been possible. AICC Midwest Region Scholarship committee and winners, from left, Shari Sae- ger of Inspire Automation, Sara Jones, Tim Engle of Baysek Machines, Ally Ber- trand and Casey Shaw of Batavia Container.
CONTINUED ON PAGE 14
August 2, 2021
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AICC Midwest Golf Outing (CONT’D FROM PAGE 12)
by allowing smooth separation of the liquid barrier coating from the paper. When OptiCycle is repulped, approximate- ly 98 percent of the fiber is recovered, which means that almost the entire cup can be used to make other paper products. “Paper cups made with renewable fiber are a great on- the-go beverage option for brands and consumers,” said Michael Doss, Graphic Packaging’s President and CEO. “OptiCycle’s advanced coating technology is water-based, requires less coating material and increases the amount of fiber that can be recovered when it is recycled.” “There is considerable focus on creating products with the future of our planet in mind,” said Ricardo De Genova, Senior Vice President, Global Innovation and New Busi- ness Development. “Sustainability is at the center of our in- novation efforts at Graphic Packaging. With OptiCycle, we are taking another step in the journey for a better planet, enabling customers to achieve their sustainability goals, and helping them feel even better about fiber-based pack- aging as an alternative to plastics.” The development of this leading-edge technology is well aligned with the company’s Vision 2025, leveraging its sustainability profile to generate new packaging solu- tions that reduce environmental impact. “We’re excited to introduce our new line of foodservice packaging in sup- port of the move to a more circular economy,” said Doss. Visit www.graphicpkg.com for more information on the company’s new OptiCycle line.
After dinner, the AICC Midwest Region Scholarship Winners were recognized and presented with $5,000 checks. Ally Bertrand, daughter of Todd Bertrand of Au- tomatan, and his wife Lynn, was one of the two winners. Ally recently graduated from the Stevens Point Area High School in Stevens Point, Wisconsin, and will be attending the University of Wisconsin, Stevens Point this fall to pur- sue a Nursing Degree. The second winner was Sara Jones, daughter of Greg Jones of Sun Automation Group, and his wife Karen. Sara is a recent graduate of Fallston High School in Fallston, Maryland, and will be attending the University of Alabama to pursue a Nursing Degree. Congratulations goes out to these winners as well as all the impressive applicants! Graphic Packaging Launches Line Of ‘Alternative’ Foodservice Packaging Atlanta, Georgia based Graphic Packaging has announced the release of OptiCycle, a new line of non-polyethylene (PE) coated, single-use foodservice packaging that pro- vides an alternative to traditional PE and polylactic acid (PLA) coated products. The first packaging solution of its kind to be commercialized by a domestic supplier in North America, OptiCycle is made to be more easily recyclable
August 2, 2021
CompanyBox Completes Digital Expansion In NC
CompanyBox, the Charlotte, North Carolina based corru- gated packaging company, reported a significant expan- sion in capacity and nationwide corrugated digital print solutions with the multi-million dollar investment in a sec- ond HP C500 press. The purchase adds to its robust suite of digital equipment and further strengthens capabilities for all sizes of business. The new C500 is equipped with a state-of-the-art stack- er that allows CompanyBox to run small jobs continuously with larger runs without slowing up the press. “Combined with our platform and technology, we are providing our customers with new and innovative ways to capture the consumer’s attention,” said Louie DeJesus, CompanyBox CEO. “The package can now become a communication
piece; personalized and targeted to specific geographic markets and events. Gone are the barriers and long lead times inherent in traditional platforms.” The press, known for its flexibility on small to large runs, also delivers sharp text, barcodes, and smooth tone transi- tions, all in vivid colors. As a true replacement to litho, the print resolution can be viewed in accurate detail. “Custom-
ers do not need to settle for ‘close enough’ to get all the benefits digital packaging has to offer,” noted Kyle DeJesus, CompanyBox President. “Our printers allow us to work with brands like Polaroid and Lowe’s. As a minority partner, Green Bay Packag- ing is in full support of CompanyBox’s growth. “CompanyBox is an industry leader in digital printing, service, and quality. This investment builds on the platform that CompanyBox es- tablished by being a pioneer in digital print- ing. Green Bay Packaging is excited to be a part of this investment and taking the next step in the journey,” said Bryan Hollenbach, Executive VP at Green Bay Packaging. The purchase makes CompanyBox the first in the world to run two C500s in the same building. The company recently added a second 65,000-square-foot facility, giving it 180,000-square-feet completely dedicated to digital packaging. It puts CompanyBox in a position to be one of the few companies with enough capacity and redundancy to serve customers’ needs within a 10-day window. “We can now automate two-sided digital printing utilizing the two HP C500s with our fully conveyorized facility,” explained DeJe- sus. “To support that added capacity, we increased our converting equipment by pur- chasing two new additional Eterna Die Cut- ters, a Vega Specialty Gluer, 2-piece Stitcher Gluer, a rotary die cutter and a central scrap system. This investment will make what we believe to be the largest totally digital post- print packaging company in the U.S.,” said DeJesus. CompanyBox will be holding a ribbon-cut- ting ceremony in November to showcase the new expansion.
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Early Sellout Expected For ICPF 2021 Holiday Weekend In New York Early registration has been active for ICPF’s Holiday Week- end in New York, scheduled for Friday, December 10, through Sunday, December 12, 2021. As of mid-July, 65
enjoy the best Manhattan has to offer during the holiday season! Bring your spouse or guest for holiday shopping, sightseeing, dining, Broadway plays, and enjoying New York’s holiday season, all while supporting ICPF’s educa- tional programs and student outreach. This year’s event will begin with a Friday evening re- ception on December 10, sponsored by Pratt Industries. On December 11, ICPF guests will attend a Saturday mati- nee of The Christmas Spectacular at Radio City Music Hall, sponsored by BW Papersystems. On Saturday night, par- ticipants will be treated to a reception and dinner at the renowned Lattanzi restaurant. The reception is sponsored by Fosber America, and the dinner is sponsored by West- Rock Corporation. Greif and Kiwiplan also are sponsors for the weekend. Many participating executives (manufacturing execu- tives, box plant owners, and service & supplier executives) invite clients and reward key executives from their compa- nies with this special holiday weekend event. ICPF Chair- man, Greg Hall, President & COO of Hood Container Cor- poration, stated, “It is a special opportunity to reunite with peers in an informal social environment. ICPF’s holiday weekend in New York is one of the most unique events in the industry. Your participation supports ICPF, an important resource for our future.” Visit www.careersincorrugated.org to download addi- tional information and a registration form, or e-mail regis- firstname.lastname@example.org for specifics.
percent of the weekend guest capacity has been exceed- ed. To ensure participation, ICPF advises to register early. Join the celebration of ICPF’s return to New York and Particpants of ICPF’s Holiday Weekend in New York can attend a Saturday matinee of The Christmas Spectacular at historic Radio City Music Hall.
August 2, 2021
SCE Keynote Speaker Richard Boyd To Address AI, Machine Learning Richard Boyd, CEO and co-founder of Tanjo AI, an award-winning machine learning (ML) company, will ad-
lizes gaming technology and AI. Boyd and his teams work with a wide array of industries outside of manufacturing, including energy, healthcare, defense, education and mo- tion pictures. Tanjo AI is an award-winning artificial intelligence and machine learning company dedicated to achieving bal- ance between human and machine interaction to optimize outcomes. The company helps customers gain greater business insight and drive actionable innovation. Tanjo is a recent XPRIZE semifinalist for its Community Confidence COVID-19 machine learning dashboard. Boyd will share his expertise and experience in helping companies leverage AI and machine learning to optimize processes across the supply chain. Specifically, machine learning can be used to continuously ingest and organize all the digital content in supply chain processes. “It is possible for an artificially intelligent machine
dress the impact and uses of AI and machine learning on the corrugated industry supply chain during his keynote address at Su- perCorrExpo 2021 on August 9 from 10:45 to 11:45 a.m. Boyd is a serial entrepreneur, tech consultant, celebrated au- thor and sought-after speaker on
virtual worlds, computer gaming, machine learning and human/computer interfaces. He is also co-founder and CEO of Ultisim Inc., a simulation learning company that uti-
learning system to detect what process a per- son is trying to execute and immediately bring resources to bear, without requiring the user to be adept at search or meta-tagging,” said Boyd. “This represents an unprecedented op- portunity for humans and machines to effec- tively collaborate towards a common goal.” As the corrugated industry continues to face the challenges and opportunities of E-commerce-driven growth and the need for more sustainable processes, Boyd sees op- portunities for OEMS, box-plants, and suppli- ers to drive ROI, enhance productivity, and maximize process improvements. “Every organization of any reasonable size is spending time thinking about the transfor- mative powers of machine learning and the corrugated industry is no exception,” said Boyd. “In this era of accelerating complexity and accelerating demand for corrugated pack- aging, prior methods are proving quickly to be insufficient. Fortunately, new tools like ma- chine learning are emerging as powerful aids to augment our past methods and help auto- mate some of these daunting tasks.” Boyd’s keynote will discuss methods for combining machine learning technologies with sources of data, knowledge, and experts to amplify business intelligence to ultimate- ly drive value across the corrugated supply chain. His goal is for attendees to leave with a better understanding of Machine Learning, how Machine Learning can be applied, and the need to develop a Machine Learning strategy to improve business outcomes. “It’s an exciting time for the corrugated in- dustry and I’m looking forward to meeting with and learning from the industry’s talented pro- fessionals in Orlando,” said Boyd.
August 2, 2021
THE WAIT IS ALMOST OVER!
See you there. SuperCorrExpo, Aug 8-12, Booth #1331
www.eammosca.com | 844-859-6968
Helios Appoints Pursley Customer Success Manager
Booth # 2011
Helios, the recently unveiled AI and Machine Learning platform tailored to the corrugated converting industry, has named Martin Pursley to the position of Customer Suc-
SMART System Modernization & Retrofit Team GET
cess Manager. The move will help Helios, a product of SUN Automa- tion Group, in their mission of de- livering uptime, profitability, and high quality customer support. “It’s an exciting time to join the Helios team and I’m looking forward to bringing my years of Customer Success experience
supporting global organizations in manufacturing, logis- tics, government, and retail to the corrugated industry,” says Pursley. “There is massive potential for growth in the Industrial Internet of Things (IIoT) space and Helios is uniquely positioned to make a meaningful impact in corru- gated box manufacturing.” Helios, which launched in early 2021, is a platform en- gineered to help customers in the corrugated converting industry to minimize downtime, maximize profitability, and decrease the opportunity cost associated with mainte- nance. Its insights allow customers to proactively order parts and schedule repairs by detecting issues before they happen. It allows for remote monitoring of the facilities as well, making it easier to oversee and optimize large-scale and multi-location operations. In his new role, Pursely will be responsible for custom- er implementation, training, and ongoing support. He will work closely and strategically with customers, tailoring the Helios platform to their unique needs. “Martin is a great addition to the Helios team,’’ says Matthew Miller, Director of Technology for SUN Automa- tion Group. “With his support, our customers will be able to fully realize the true value of the Helios platform.” Pursely joins Helios most recently from Systems Alli- ance, Inc., a Software as a Service (SaaS) and digital con- sulting company, where he served as Customer Success Team Lead. He previously worked as Sales and Marketing Executive at ICS Learning Group. He holds a Bachelor of Science in Marketing from Salisbury University. Save The Date For ICCA/WCO Global Summit In The Canary Islands The ICCA Board of Directors has announced that the World Containerboard Organization (WCO) is a co-sponsor of the 2021 Global Summit, which is scheduled for Novem- ber 16-19, 2021, at the Bahia Del Duque Hotel on the island of Tenerife in the Canary Islands, Spain. More information at this year’s rescheduled event will be sent in the coming weeks.
DRIVES AND CONTROL SYSTEM
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Maximize Tax Deductions (CONT’D FROM PAGE 1 )
( flemmingbusinessservices.com ). “Take notes that sup- port the business nature of your trip. Whom did you see? What subjects did you discuss? How did activities during your trip support your operations?” Retain any materials such as show badges or seminar workbooks that help prove you were actually at the event, says Flemming. Other helpful materials would be confer- ence agendas with business-oriented sessions, a list of ex- hibitors who serve your organization, a catalog of relevant seminars and business cards and vendor brochures. What To Deduct Here is an important caveat: The ideas in this article are intended to provide you with initial guidance. You should always confer with qualified legal and accounting profes- sionals to make sure you deduct expenses properly. So what are some deductible expenses? Actual trans- portation costs are the most obvious. They can include travel by airplane, train, bus or automobile. Taxi or hired car travel during the trade show visit is also deductible. So are baggage costs, tips and what the IRS calls “ordinary and necessary expenses related to your business travel.” These might include rental fees for computers or other equipment. The Internal Revenue Service provides extensive guid- ance on the deduction of expenses in its publication Trav-
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CONTINUED ON PAGE 28
Do you need printed sheets? We have your answer.. Introducing Heartland’s ColorCorr. This is “flexo-printing in the round”. On our corrugator we can print up to 109” wide. The advantage is that we can print the equivalent of ½ roll at a time and not be required to keep several rolls of very expensive preprinted paper on the floor. Much less waste and risk. In continual print mode, we use either laser-engraved rubber rolls or solid rubber rolls to print a “flood coat” or a repeating pattern. If we are printing a repeating pattern, we can run a two-color design on the paper. Customers have found that running sheets we print can allow them to run a lighter-grade due to reduced caliper loss, and in some cases eliminate one or more machine passes.
For more information contact: Charlie Freeman | 816-500-8889 | email@example.com Tim Kramer | 816-841-8317 | firstname.lastname@example.org
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YOU ASKED, W Equipped with 6 modular heads, a first in the corru of unlimited strap placement options and the relia
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INTRODUCING THE NEW SIGNODE GCU-3000 YOUR UNITIZER HAS ARRIVED
Maximize Tax Deductions (CONT’D FROM PAGE 24)
percent). Note that meal costs are not deductible at all if the trade show is close to home. The IRS puts it this way in its publication Travel, Gift and Car Expenses: “You can deduct the cost of meals if it is necessary for you to stop for substantial sleep or rest to properly perform your duties while traveling away from home on business.” If your travel requires an overnight stay, then meals are eligible for deduction. On a related matter, the 2017 Tax Cuts and Jobs Act (TCJA) eliminated the deductibility of entertainment—an expense commonly encountered by businesspeople at- tending trade shows. “Loss of the entertainment deduction has hit many busi- nesses pretty hard,” says Flemming. “Some are rethinking how they court clients.” How about your own business: Should you still entertain customers even though you can- not deduct the bill? “You need to look at your return on investment,” says Flemming. “Does the expense result in more business because it encourages customers to re- turn?” Careful Records Despite the elimination of the entertainment deduction, there are still many legitimate deductions available to busi- ness travelers. And while they certainly soften travel’s bot- tom line impact, keep in mind that the system only works if you record and retain the requisite backup documenta- tion. “Travel expenses, especially those for meals, are very CONTINUED ON PAGE 30
el, Gift and Car Expenses. Visit www.irs.gov and search for “463.” For a complete list of deductible items in that publication see Table 1-1 on page 5. Additional informa- tion is available in another IRS document entitled Business Travel Expenses. Search the same site for “511.”
In an attempt to assist the restaurant industry, the COVID-19-related Consolidated Appropriations Act, signed into law December 2020, made an important change to the deductibility of eligible meals during busi- ness travel. For tax years 2021 and 2022, such meals are 100 percent deductible. (Previously the deduction was 50
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Rick Van Horne, Director of Creative Marketing email@example.com Corrugated Supplies Corp. LLC
August 2, 2021
Maximize Tax Deductions (CONT’D FROM PAGE 28)
When it comes to state law, Flemming cautions, the rules can be more onerous. Montana, for example, can go back 10 years. “Find out what the rules are in your own state, because each one is different.” Bonus tip: “Consider charging all of your business ex- penses on a dedicated credit card,” says Cawley. “Then you’ll have a permanent record of where you went and how much you spent.” And that credit card’s statements will provide an easily accessible journal of your business activities. Per Diem Rates Does collecting meal receipts—digital or otherwise— seem like a hassle? Ask your accountant if you are eligible to utilize “per diem” rates—daily cash amounts that are set by the government. “Each year the IRS comes out with a per diem rate for each geographic area,” says Cawley. “The rule is that you can either deduct your actual expenses in terms of meals and incidentals or just use the per diem rate, based on how many days you are there. You should track both in tandem, then use whichever number is higher. This can be really handy in high per diem cities.” The per diem option is often overlooked by business travelers. “Many people will deliberately keep their meal expenses low, because they are on a budget,” says Caw- ley. “But then they forget that they have a right under the IRS code to take the higher per diem rate. As a result, they CONTINUED ON PAGE 32
often low hanging fruit for auditors,” says Rhodes. “That’s because many people fail to keep adequate records.” If your paperwork does not support your deductions, they can be taken away. In addition to the increased taxes that will result, there may also be penalties and interest payments. So how can you track your expenses in a way that will satisfy the authorities? The tried and true medium is paper—and many people still keep folders bulging with receipts. But with the arrival of the digital age, things can be a bit easier—at least for anyone comfortable with tech- nology. “Smart phone apps are especially valuable for keeping receipts of your meals,” says David Cawley, Partner and Certified Valuation Analyst at Fraim, Cawley & Company, CPAs, Roanoke, VA ( fraimcpa.com ). “You can just take pictures of your receipts and store them in a database.” Alternatively, you can have vendors email receipts to your smart phone. Then file the emails in a folder which is easi- er to access—and to back up—than faded paper files. One more thing: Once you have your records in hand, hang onto them. “The IRS can go back three years when auditing your returns,” says Flemming. “If they find any- thing they can go even further back than that. So we rec- ommend keeping documentation for seven years, which is as far back as the IRS can go.”
. . . IS NOW ONLINE! Please visit: www.boardconvertingnews.com
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