Board Converting News, November 13, 2023

INDUSTRY CALENDAR NOVEMBER 13-15 9th Annual Digital Packaging Summit Ponte Vedra Beach, Florida DECEMBER 8-10 ICPF 2023 Holiday Weekend in New York The Refinery Hotel near Bryant Park FEBRUARY 28-MARCH 2, 2024 AICC West Coast Ski Meeting Snowbird Cliff Lodge, Snowbird, Utah APRIL 8-10, 2024 AICC 2024 Spring Meeting & 10th Annual Independents' Cup Golf Tournament (50th Anniversary) Palm Desert, California APRIL 10-12, 2024 PPC 2024 Spring Meeting Frisco, Texas JULY 16-18, 2024 The Foundation for Packaging Education's 2nd Fundraiser Event Napa, California SEPTEMBER 8-12, 2024

Board Converting News® is published weekly by NV Business Publications, in association with Flexo Market News®, Interna- tional Paper Board Industry®, and Folding Carton Industry®. Editorial and Marketing office: PO Box 802, Manasquan, NJ 08736-0802. Subscription Rates in U.S. and Canada $223 per year or $355 for two years. Overseas rate per year $355 USD. Current issue single copies (pre-paid only) $8.50 in U.S. (else- where $9.50); add $5.00 per order for shipping & handling. No part of this publication may be transmitted or reproduced with- out written permission from the publisher. PCI’s COO and second-generation owner, Anthony Irace said the company has remained committed to “going above and beyond” since their father started the business over 50 years ago. “A sale to an ESOP ensures that our core values and culture remain intact, while rewarding the employees who helped us build the company by provid- ing them the opportunity to benefit from future value cre- ation,” he said. ButcherJoseph Announces Employee Purchase Of Packaging Concepts St. Louis, Missouri based ButcherJoseph & Co. announced its services as exclusive financial advisor to Packaging Concepts, Inc. (PCI) on a recent sale to its employees. PCI is a manufacturer of flexible packaging and cus- tom-folded paperboard packaging also based in St. Lou- is. It was founded in 1972 in Lake Geneva, Wisconsin by Joseph F. Irace and relocated to St. Louis in 1982. Today, PCI serves a global customer base consisting of cinemas, quick-serve restaurants, personal care companies, food and beverage manufacturers, stadiums, arenas, and more. “Our dedicated and long-tenured team has been the lifeblood of our company,” said PCI’s second-generation owner and current CEO, John Irace. “It’s only fitting that we transition ownership of PCI to our employees to carry on the legacy of innovation, efficiency, and customer satisfac- tion that made us a market leader today.”

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