Caraustar Announces Continued Implementation of Price Increase on Paperboard Tubes and Cores and Protective Packaging Products
ATLANTA, June 23, 2017 /PRNewswire/ -- Caraustar Industries, Inc. today announced the continuation of the previously announced price increase on paperboard tubes and cores and protective packaging products.
"The April announced price increase on our paperboard products was in response to the increased cost in uncoated recycled paperboard (URB)," reported Rick Moreland, Vice President of Sales for Caraustar's Industrial Products Group. "As a result of the continued escalation in cost it has become necessary to complete implementation of the previously announced increase."
About Caraustar Industries: Caraustar Industries, Inc. is one of North America's largest integrated manufacturers of 100% recycled paperboard and converted paperboard products. The company is a socially responsible corporation, is committed to environmentally sound practices and is dedicated to providing customers with outstanding value through innovative products and services. Caraustar has developed its leadership position in the industry through diversification and integration from raw materials to finished products. Caraustar serves the four principal recycled boxboard product end-use markets: tubes and cores; folding cartons; gypsum facing paper and specialty paperboard products. For additional information on Caraustar, please visit the company's website at www.caraustar.com.
SOURCE Caraustar Industries, Inc.
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