ND Packaging Opens Corrugated Plant In WI
Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month August 2020
Mount Pleasant, Wisconsin based ND Packaging, a sub- sidiary of Hong Kong, China based ND Paper, Inc. (Nine Dragons Paper Holdings Limited), has opened a new cor- rugated plant in Mount Pleasant. Last year, ND Paper purchased a 350,000-square-foot warehouse and distribution facility for $15.5 million and is making an additional investment of more than $30 million for renovations and equipment. The company plans to cre- ate up to 40 jobs at the location. “We chose Racine County not only because of their es- tablished reputation of being a welcoming business com- munity, but also because of the people on the local level and the relationships established,” said John Parent, ND Packaging General Manager. “We are excited for the fu- ture of the company in this region and the ability to create employment opportunities for the people here.” In 2018, ND Paper invested $189 million into the Cat- alyst Paper Mill in Biron, Wisconsin. The Mount Pleasant location, located 2.5 miles from I-94 in the Chicago-Mil- waukee corridor, will complement the Biron plant by man- ufacturing corrugated boxes. Over the past month, pro- duction machinery has been shipped to and installed in the Mount Pleasant plant. The company expects to start production by the fourth quarter of 2020.
Year
Actual
Percent Change Avg Week Percent Change
2020 2019
34.285 34.495
-0.6
8.163 7.840
4.1
Industry Total
Year-to Date
August 2020
Year
Actual
Percent Change Avg Week Percent Change
2020 2019
265.688 262.164
1.3
7.814 7.756
0.7
Industry Total
Containerboard Consumption (Thousands of Tons)
Year
Month
Percent Change Year-to-Date Percent Change
2020 2019
2.8061 2.8427
-1.3
21.7415 21.5716
0.8
Container Board Inventory - Corrugator Plants (Thousands of Tons)
Corrugator Plants Only
Date
Percent Change Weeks of Supply
Percent Change
Aug.
1.9155 2.0214
-5.2
2.9 3.2
-9.4
Jul.
Shipping Days
Year
Month
Year-to-Date
2020 2019
21 22
170 169
SOURCE: Fibre Box Association
8
www.boardconvertingnews.com
October 5, 2020
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