PaperWorks Announces Price Hike for Its MasterWorks Coated Recycled Boxboard Grades

June 25, 2013 - PaperWorks Industries announced that effective on shipments as of July 22, 2013, it will increase prices on all MasterWorks coated recycled boxboard grades by $45 per ton.

"This increase is necessary to recover escalating costs and includes the MasterBright series and all MasterWorks CRB grades: Blister, News, Plus, Freeze, Lite, and Bev.," Paperworks said in a statement.

Founded in 2008, PaperWorks Industries, Inc. is a leading North American integrated full-service packaging provider. The company’s Packaging Group is considered a leading innovator in the production of specialized folding cartons, serving clients of all sizes across North America from 10 facilities. Its Paperboard Group manufactures approximately 300,000 tons of 100% recycled paperboard every year for a variety of end uses, and further specializes in the cutting and distribution of all paper types according to specific customer needs. PaperWorks Industries is headquartered in Philadelphia, Pennsylvania. For further information, visit www.paperworksindustries.com.

SOURCE: PaperWorks Industries, Inc.