SupplyOne Acquires IC Industries, Continuing Growth In Florida Market Newtown Square, Pennsylvania, based SupplyOne, Inc. last week announced the acquisition of IC Industries, Inc., a privately-held corrugated converter and packaging com- pany headquartered in Hialeah, Florida. Founded in 1990 under the leadership of company president, Harvey Rothstein, IC Industries is a manufac- turer of corrugated boxes from its state-of-the-art Hialeah, Florida, facility and serves southern Florida manufacturers, retailers, growers and processors with custom corrugated and packaging products. “Joining forces with SupplyOne solidifies IC Industries’ position as a market leader in South Florida,” said Roth- stein. “SupplyOne’s decentralized operating structure en- sures that we will remain close to our clients. Access to additional services and product lines will mean growth op- portunities for our customers and our employees.” “The addition of IC Industries allows us to expand our converting capabilities in Florida to be more efficient, low- er costs, and provide enhanced custom corrugated pack- aging solutions to our customers,” said Bill Leith, CEO and President of SupplyOne, Inc. “IC Industries’ customers will benefit from expanded size and scale, and packaging au- tomation expertise that will help them be more profitable, as well.”
Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month September 2021
Year
Actual
Percent Change Avg Week Percent Change
2021 2020
34.261 34.901
-1.8
8.157 8.310
-1.8
Industry Total
Year-to Date
September 2021
Year
Actual
Percent Change Avg Week Percent Change
2021 2020
312.632 300.767
3.9
8.227 7.873
4.5
Industry Total
Containerboard Consumption (Thousands of Tons)
Year
Month
Percent Change Year-to-Date Percent Change
2021 2020
2.7786 2.8459
-2.4
25.4959 24.5672
3.8
Container Board Inventory - Corrugator Plants (Thousands of Tons)
Corrugator Plants Only
Date
Percent Change Weeks of Supply
Percent Change
Sept.
2.312
3.8
3.5 3.4
2.9
Aug
2.2272
Shipping Days
Year
Month
Year-to-Date
2021 2020
21 21
190 191
SOURCE: Fibre Box Association
Puhl custom designs systems to meet your needs. • Moving to a new facility? Puhl has experience moving entire plant systems all while minimizing down time in BOTH plants during the transition. • Below roof AND above roof systems custom designed to meet your needs. • New and Remanufactured Equipment (balers, blowers, separators, filters and more). Our Remanufactured equipment includes a warranty and offers significant savings. • NFPA and OSHA compliant systems designed by our NFPA trained engineering team. • Dust Briquetters, Certified Explosion Isolation Valves, Flame Front Diverters and more to control dust and meet NFPA requirements. • PLC Touch Screen Controls with Real Time Pressure Balancing and Real Time Remote Monitoring available on your smart phone or computer.
Balers • Shredders • Trim Collection Systems • Dust Collection Systems • Cyclones Trim Separators • Spiral Duct • Used Equipment • Filters • Briquetters 240 Airport Road | Gallatin, TN 37066 | 615.230.9500 | FAX 615.230.9590 | sales@gfpuhl.com | www.gfpuhl.com Follow us on LinkedIn
8
www.boardconvertingnews.com
December 6, 2021
Made with FlippingBook - Online magazine maker