John Forrey, Former Box Maker, Joins AICC As JHF Capital, LLC AICC recently welcomed new associate member JHF Cap- ital, LLC, which was founded by John Forrey, formerly the President of Red Lion, Pennsylvania based Specialty In-
Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month December 2020
Year
Actual
Percent Change Avg Week Percent Change
2020 2019
34.916 31.332
11.4
8.729 7.833
11.4
Industry Total
dustries and a member of the AICC Executive Board as recently as 2018. After the sale of Specialty, Forrey was not ready to retire and decided to utilize his strong financial back- ground to start his own company in Rehoboth Beach, Delaware. JHF Capital provides alternative funding options to traditional bank lending. Types of financing solutions
Year-to Date
December 2020
Year
Actual
Percent Change Avg Week Percent Change
2020 2019
406.776 393.483
3.4
8.071 7.838
3.0
Industry Total
Containerboard Consumption (Thousands of Tons)
Year
Month
Percent Change Year-to-Date Percent Change
2020 2019
2.7727 2.5660
8.1
33.0739 32.3005
2.4
John Forrey
Container Board Inventory - Corrugator Plants (Thousands of Tons)
include Accounts Receivable and Asset Based Lines of Credit, Equipment Leasing, Inventory Financing, Unse- cured Business Lines of Credit, SBA Loans, Commercial Real Estate Financing, Purchase Order Financing and Large Project Financing. Additionally, JHF Capital has re- lationships to reduce expenses in both the Merchant Ser- vices and Telecommunications cost centers. Forrey is looking forward to reconnecting with his AICC colleagues. Contact him when having challenges with pri- mary bank lending institutions. Call (302) 386-9994, email jforrey@jhfcapital.net or visit www.jhfcapital.net .
Corrugator Plants Only
Date
Percent Change Weeks of Supply
Percent Change
Dec. Nov.
1.8921 1.7912
5.6
2.7 2.5
8.0
Shipping Days
Year
Month
Year-to-Date
2020 2019
20 20
252 251
SOURCE: Fibre Box Association
8
www.boardconvertingnews.com
April 19, 2021
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