Board Converting News, March 28, 2022

WestRock Breaks Ground On Expansion In NC

Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month December 2021

Norcross, Georgia based WestRock broke ground on March 16 on a 285,000-square-foot expansion at its pack- aging facility in Claremont, NC. The $47 million investment was bolstered by a performance-based grant from the One North Carolina Fund. The project is expected to create 50 new jobs by the end of next year. The expanded facility and its employees will support WestRock’s production of sustainable, packaging for some of the world’s leading brands. WestRock has been in Claremont for 25 years.

Year

Actual

Percent Change Avg Week Percent Change

2021 2020

34.195 34.916

-2.1

8.549 8.729

-2.1

Industry Total

Year-to Date

December 2021

Year

Actual

Percent Change Avg Week Percent Change

2021 2020

416.338 406.776

2.4

8.294 8.071

2.8

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

AF&PA Releases February Packaging Papers Report

2021 2020

2.7372 2.7727

-1.3

33.8477 33.0739

2.3

Container Board Inventory - Corrugator Plants (Thousands of Tons)

AF&PA released the February 2022 Packaging Papers & Specialty Packaging Monthly report. Total shipments in February decreased two percent compared to February 2021. They were down two percent when compared to the same two months of 2021. The operating rate was 86.8 percent, down 1.1 points from February 2021 and down 1.0 points year-to-date. Mill inventories at the end of Febru- ary increased two thousand short tons from the previous month, and were down 11 thousand short tons compared to February 2021.

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

Dec. Nov.

2.256 2.203

2.4

3.3 3.3

0

Shipping Days

Year

Month

Year-to-Date

2021 2020

20 20

251 252

SOURCE: Fibre Box Association

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March 28, 2022

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