commitment to maintaining high safety standards, quality, and service in all its operations. GBP is also expanding its Great Lakes Packaging Di- vision in Germantown, Wisconsin that will boast 270,000
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
square feet of manufacturing space for increased capabil- ities and streamlined operations. It will feature a 6-color plus 1-color inside RDC, a litho laminator, and a specialty folder gluer. The Great Lakes Packaging Division employs over 80 people at its existing locations. In June, GBP announced the acquisition of SMC Pack- aging Group of Springfiled, Missouri, a significant mile- stone for both family-owned companies. SMC Packaging Group will continue to operate as a corporation, 100 per- cent owned by GBP. Mark McNay, previously Vice Pres- ident and General Manager of SMC, is now President of SMC Packaging Group, reporting to Bryan Hollenbach. Founded in 1933, GBP operates over 40 facilities in 16 states. For more information, visit gbp.com .
GBP Acquires (CONT’D FROM PAGE 1)
represented Green Bay Packaging. The seller of the site was Auza Ranches LLC, represented by Kirk McCarville and Trey Davis of Land Advisors Organization. “Casa Grande’s rapid growth and strategic location within Arizona have made it a prime destination for com- panies seeking to expand or relocate,” said Pitstick. “We are proud to have played a role in bringing Green Bay Packaging to this dynamic community, where their presence will further bolster the local economy and create significant employment opportunities.” GBP currently operates a sales and distribution office in Tempe, Arizona. GBP touts a positive company culture and
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August 26, 2024
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