Fortis Solutions Acquires West Coast Labels
Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month September 2022
Virginia Beach, Virginia based Fortis Solutions Group LLC announced the acquisition of West Coast Labels based in Placentia, California. Terms of the transaction were not dis- closed. West Coast Labels is a full-service digital and flexog- raphic printer of pressure-sensitive labels serving the food and beverage, health and beauty, nutraceutical, wine, and spirits, produce, and industrial end markets. Fortis President and CEO John O. Wynne, Jr. said, “Over the past 50 years, Sam Scaffide and the West Coast Labels team have established themselves as one of the leading label companies in Southern California. Building on our recent acquisition of Digital Dogma, we are excit- ed to grow our presence in the Los Angeles market and further expand the breadth and depth of capabilities we provide our customers.” West Coast Labels owner Sam Scaffide said, “It was an easy decision to entrust our company’s legacy to Fortis, given their track record of taking care of employees, cus- tomers, and company reputation.” Employing over 1,300 employees across 22 manufac- turing sites, Fortis intends to continue its pursuit of acqui- sitions to further the breadth of product offerings and loca- tions which can better serve its customer base.
Year
Actual
Percent Change Avg Week Percent Change
2022 2021
32.705 34.247
-4.5
7.787 8.154
-4.5
Industry Total
Year-to Date
September 2022
Year
Actual
Percent Change Avg Week Percent Change
2022 2021
305.168 312.525
-2.4
7.989 8.224
-2.9
Industry Total
Containerboard Consumption (Thousands of Tons)
Year
Month
Percent Change Year-to-Date Percent Change
2022 2021
2.6327 2.7773
-5.2
24.8959 25.4841
-2.3
Container Board Inventory - Corrugator Plants (Thousands of Tons)
Corrugator Plants Only
Date
Percent Change Weeks of Supply
Percent Change
Sep. Aug
2.5975 2.5867
0.4
4.1 4.2
-2.4
Shipping Days
Year
Month
Year-to-Date
2022 2021
21 21
191 190
SOURCE: Fibre Box Association
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December 26, 2022
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