U.S. Containerboard Production Flat in October
Nov. 16, 2011 - The American Forest & Paper Association (AF&PA) released its October 2011 U. S. Containerboard Statistics Report, which said containerboard production was flat, decreasing just 0.1% when compared to September 2011. However, the month over month average daily production, was down 3.3%.
The containerboard operating rate for October 2011 was down slightly from October 2010 to 95.1% from 96.0%.
Additional key findings from the report include:
- Linerboard production was flat compared to last year.
- Medium production was down from October 2010.
The American Forest & Paper Association (www.afandpa.org) is the national trade association of the forest products industry, representing pulp, paper, packaging and wood products manufacturers, and forest landowners.
The forest products industry accounts for approximately 5 percent of the total U.S. manufacturing GDP. Industry companies produce about $175 billion in products annually and employ nearly 900,000 men and women, exceeding employment levels in the automotive, chemicals and plastics industries. The industry meets a payroll of approximately $50 billion annually and is among the top 10 manufacturing sector employers in 48 states.
SOURCE: The American Forest & Paper Association