Board Converting News, August 15, 2022

Ox Industries Adds Facility To Grow In Mid-Atlantic Area

Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month June 2022

Hanover, Pennsylvania based Ox Industries announced that it has acquired a 150,000-square-foot facility in Ha- nover to expand its converting capacity in the Mid-Atlantic Region. The facility will house next-generation equipment and manufacturing practices and expand Just-in-Time (JIT) stocking products and services. “We are excited to expand our Hanover location and to continue to invest in the community where we originally started Ox,” said CEO Kevin Hayward. “This is part of a $15 million investment in Hanover that will vertically integrate with our 100 percent recycled paperboard mills and create 50 new green-collar jobs.” Ox Industries is one of the the largest independently owned, vertically integrated producer of paperboard, spe- cialty paper, tube & core, and protective packaging prod- ucts. The company operates four recycled paper mills and seven converting plants in nine states. The company was founded in 1996 as Ox Paper Tube & Core with just a handful of employees. The company has grown to over 500 employees with multiple mills and converting facilities across the country. One of those facilities is the Halltown Mill in Halltown, West Virginia. Started in 1869, it was originally a paper mill until it became an operational paper board mill.

Year

Actual

Percent Change Avg Week Percent Change

2022 2021

34.771 35.948

-3.3

7.903 8.170

-3.3

Industry Total

Year-to Date

June 2022

Year

Actual

Percent Change Avg Week Percent Change

2022 2021

205.855 208.569

-1.3

8.019 8.170

-2.1

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

2022 2021

2.8451 2.9436

-3.0

16.8851 17.0466

-0.9

Container Board Inventory - Corrugator Plants (Thousands of Tons)

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

Jun. May

2.4415 2.3469

4.0

3.8 3.6

5.6

Shipping Days

Year

Month

Year-to-Date

2022 2021

22 22

127 126

SOURCE: Fibre Box Association

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August 15, 2022

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