Newark Custom Paperboard Announces 4% Increase on Various Products
March 20, 2013 - The Newark Group today announced a 4% price increase on all sheets, cut-to-size panels, loose leaf panels, spines and all specialty products manufactured by Newark Custom Paperboard.
The price hike will be effective with all orders shipped on or after April 15, 2013, the company said.
“While continuous improvement in our processes is an ongoing effort, escalating external costs make this price change necessary,” said Paul Spitale, Vice President of Sales, Newark Converting Divisions.
The Newark Group is an integrated manufacturer of 100% recycled paperboard and paperboard products in the U.S. and Canada. Privately held for 100 years, The Newark Group is headquartered in Cranford, New Jersey, employs more than 1,500 and owns or manages 34 facilities. It is a member of the Forest Stewardship Council (FSC), an international not-for-profit organization dedicated to promoting responsible management of the world's forests.
SOURCE: The Newark Group