Board Converting News, August 26, 2024

AICC Updates Members On SBLC Non-Compete Ban

Board Converting NEWS INTERNET DIRECTORY

AICC, The Independent Packaging Association, shared an alert in April from the Small Business Legislative Council (SBLC) partners that the Federal Trade Commission (FTC) issued a new rule which essentially bans non-compete limitations for workers in the United States. The rule ban- ning non-competes is scheduled to go into effect on Sep- tember 4, 2024. Although practitioners have been anticipating a nation- wide preliminary injunction to derail the ban, federal courts to date have only temporarily enjoined the FTC from en- forcing the rule against Ryan LLC, a global tax services and software provider. The judge in Ryan LLC vs. Federal Trade Commission has refused to extend the scope of the preliminary injunction beyond applicability to Ryan. The judge in Ryan LLC has indicated she will release her final ruling by August 30, which is mere days from the rule’s scheduled effective date. As September draws near, AICC encourages senior management and human resources teams to consider: 1) Working with counsel to review the terms of outstanding non-competes; 2) Assess how best to utilize the ability to grandfather pre- existing non-competes with senior executives;

THE HAIRE GROUP www.hairegroup.com

Haire Group is the premier provider of new machinery for the corrugated industry. From the Apstar line of flexo folder gluers and rotary die cutters, the Encore line of flexo folder gluers and rotary die cutters, and the Engico flexo folder glu- er, Haire is able to pair clients with the best machinery solu- tions for the best value to meet their needs. Haire Group’s service department helps its customers maximize uptime and profitability through superior 24/7 service and support, a pre-install training center, and over a million dollars’ worth of spare parts at their offices just outside of Chicago. Haire Group has been the industry’s #1 pre-owned machinery bro- ker and plant equipment appraiser since 1976. HarperLove is the leading provider of specialty adhesives, performance additives, and wet-strength resins to corru- gated packaging manufacturers. With the largest and most experienced field service and technical support team posi- tioned throughout the U.S. and Latin America, HarperLove has a long-standing reputation for providing outstanding service and delivering demonstrable performance improve- ments. HarperLove’s renowned services include not only innovative product development and custom product for- mulation, but also machine and process assessments, ad- hesive formula adjustments, machine tuning, detailed ser- vice reporting, and more. HARPERLOVE www.HarperLove.com Kernic Systems has been a leading global provider of re- cycling equipment solutions since 1978. For over 40 years, Kernic Systems has provided balers, air conveying and dust collection systems, shredders, industrial vacuums, and re- cycling equipment to a wide range of markets. Today, Ker- nic Systems serves customers with an expanded offering of standard products and custom-engineered systems through three primary business divisions: Recycling Solu- tions, Dust Collection and Air Pollution Control, and Material Handling. Kiwiplan provides state-of-the-art software solutions to cor- rugated, folding carton, plastics and flexible packaging fa- cilities around the globe. Kiwiplan’s Total Solution delivers comprehensive, seamless real-time flow of information from sales order management to dynamic total plant scheduling and inventory control through shipping. With deep manu- facturing and distribution expertise, Kiwiplan knows the specific problems customers face and provides the spe- cialized software they need to adapt, compete, and win in today's rapidly changing world. KERNIC SYSTEMS www.kernicsystems.com KIWIPLAN www.kiwiplan.com

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August 26, 2024

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