Board Converting News, December 22, 2025

Year In Review (CONT’D FROM PAGE 22)

ident of the Geo. M. Martin Company and a respected leader in the corrugated packaging industry, passed away peacefully in his home on February 8, 2025. MARCH • Kruger To Invest $6.5M For Wayagamack Mill Up- grades: Montreal, Quebec based Kruger Inc. made a $6.5M investment to diversify production at its Wayag- amack Mill in Trois-Rivières. • Vanguard Opens New Experience Center In Frank- lin, Tennessee: Vanguard Digital Printing Systems an- nounced the opening of its new Experience Center in Franklin, Tennessee. • CUIR Introduces Two-Color Die Cutter To NA Market: CUIR released its newest equipment solution, the MINI CUIR (MC), a compact, two-color flexo-flatbed die cutter designed for fast set up, quick changeovers and simpli- fied operations. • UFP Packaging Opens New Corrugated Plant In In- diana: Grand Rapids, Michigan based UFP Packaging opened a new 165,000-square-foot corrugated facility in Jeffersonville, Indiana, featuring advanced graphics and production capabilities for retail and e-commerce markets. • Samara Ronkowitz Named Executive Vice President Of Accurate Box Company: Paterson, New Jersey based Accurate Box Company named Samara Ron- kowitz as its Executive Vice President—the fourth gen- eration of the Hirsh family to take on a leadership role within the company. • Harris Packaging Invests In BW Papersystems Die Cutter: Haltom City, Texas based Harris Packaging Cor- poration, a member of AICC, welcomed its third BW Pa- persystems machine, the ServoPro Rotary Die Cutter. • Saica Group To Build Second Corrugated Plant In US: Zaragoza, Spain based Saica Group invested more than $110M in a second corrugated plant in Anderson Indiana, with completion set for the end of 2026. • Tony Smurft Named TAPPI/PIMA Executive Of The Year: TAPPI announced that Tony Smurfit, Group CEO and President of Smurfit Westrock has been named TAPPI/PIMA Executive of the Year for his leadership, innovation, and commitment to sustainable packaging. • Alliance Machine Systems Acquires Systec, Autom- atan: Spokane, Washington based Alliance Machine Systems International acquired Systec Corporation and Automatan, LLC. • Pinnacle Packaging Opens New Location In Friend- ship, Wisconsin: Lombard, Illinois based Pinnacle Packaging, Inc. expanded its operations with a new lo- cation in Friendship, Wisconsin, allowing it to provide solutions to a wide range of industries while supporting local businesses. • P+PB President Mary Anne Hansan Named Top Wom- an In Marketing: Mary Anne Hansan, President of the

MESIROW INVESTMENT BANKING

Leading M&A advisor to the Corrugated industry

Over 220 packaging transactions completed, including:

Learn more at mesirow.com/packaging

As of 5.1.2025 | Mesirow Financial, Inc. Member FINRA and SIPC

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December 22, 2025

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