Box buyers still have plenty of options even as the number of suppliers shrinks. Why?
Remember when box prices rose in tandem with containerboard prices? Sure, a 30 or 60 day lag existed and the box price increase didn’t always go up as much as the board price increase. But the trend was pretty consistent.
The 2012 Exclusive Paperboard Packaging Census Report reveals that box makers are purchasing more equipment this year but making fewer capital investments.
Packaging buyers are scrutinizing their purchasing decisions like never before. Although it offers a multitude of benefits, the corrugated box is either losing out completely to other forms of packaging or being pushed down on the packaging priority totem pole. Some examples of this trend:
Diversify or die is a blunt but appropriate business philosophy for Bob Mormile Jr. As president of The VT Group, Yeadon, Pa., he operates his flexographic plate-making operation knowing that he must avail himself of new technology.
How can we help you reduce costs?
You can put your product on my shelf, if it will sell itself.
Robert Neff, ceo of Neff Packaging Solutions (NPS), Simpsonville, Ky., takes great pride in the quality of the folding cartons his company has been providing customers since 1959.