U.S. Containerboard Production Increased in May
June 19, 2012 - The American Forest & Paper Association (AF&PA) released its May 2012 U. S. Containerboard Statistics Report, which showed containerboard production rose 1.3% over the same month last year and 7.2% compared to April 2012. The month over month average daily production also reflect an increase of 3.7%.
The containerboard operating rate for May 2012 gained 3.7 points over April 2012, from 91% to 94.7%, the report said.
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 $190 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 47 states.
SOURCE: American Forest & Paper Association (AF&PA)