Board Converting News, June 10, 2024

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PPC Honors TPC Packaging’s Century Of Innovation, Resilience, Family Values The Paperboard Packaging Council highlighted TPC Packaging recently in recognition of the company’s centennial. The following is in celebra- tion of their resilience, innovation and steadfast family values: Founded as the Textile Printing Company in April 1924, TPC Packag- ing has a rich history intertwined with the ever-expanding textile industry of the Southeast United States. From surviving the Great Depression to emerging as a leader in the packaging industry, we’re thrilled to share TPC Packaging’s story in celebration of their 100th birthday. Joseph A. Schmissrauter, Sr. launched the Textile Printing Company in a modest 1,000 square foot building in Chattanooga, Tennessee. This venture was born to meet the needs of the booming local textile industry by providing essential tags and labels.

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A savvy and honest businessman, Mr. Schmissrauter guided his fledg- ling company through the harsh years of the Great Depression while raising a young family. His strong values and teachings left a lasting im- pact on his family, including his son, Joe Schmissrauter, Jr. Joe Jr., born with entrepreneurial spirit, joined the family business af- ter serving in the United States Military. Known for his sales prowess, Joe Jr. could “sell ice to Eskimos” and constantly sought new opportunities for growth. When hosiery giant Kayser Roth asked if they could produce a fold- ing carton, the company leapt into action despite lacking the necessary equipment. This bold move launched their entry into folding carton pro- duction, setting the stage for future success. As their offerings expand- ed, the Textile Printing Company rebranded to TPC Packaging in the 90s, reflecting its broader scope. Leadership transitioned to Joe Jr.’s daughter, Hilda S. Murray, who was well-prepared for the role after years of dedication to the family business and the folding carton industry. Under her leadership, TPC Packaging has thrived as an independent entity in an increasingly consolidated world. Ms. Murray emphasizes the importance of flexibility and nimbleness, stating, “The nimbleness and flexibility we have enjoyed as an independent folding carton company over the past century has sustained us.” She has remained true to her family’s core values, focusing on the well-being of their associates: “At our core are our associates; without them, we cannot care for our customers.” As an agile and innovative company, TPC Packaging has embraced digital technologies, transforming their business operations and manu- facturing processes. CONTINUED ON PAGE 16

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June 10, 2024

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