Seventy-one independent corrugator and sheet plants responded to the AICC 2017 Independent Corrugated Converter Sales Compensation Survey earlier this year. The anonymous results have been compiled into this new report, which offers AICC members a benchmarking tool for their sales department.
From the early response, ICPF's Holiday Weekend in New York (Dec. 8 - 10, 2017) will be another "sell out", even though it's expanded venue this year will allow up to 55 couples.
RISI is launching a pilot project to explore the feasibility of launching new indicators for the North American Containerboard market.
As expected, the Federal Open Market Committee (FOMC) voted to raise short-term interest rates at the conclusion of its June 13–14 meeting for only the third time since the financial crisis. After hiking the federal funds rate in December and March, the Federal Reserve increased rates by another 25 basis points, with a new target range of 1 to 1.25 percent.
More than 185 members, suppliers, and guests attended AICC Mexico’s 16th Annual Meeting, June 7-9, in Monterrey, Nuevo Leon, Mexico. Yair Caballero, Chief Executive of CorruEmpaques and President of AICC Mexico, welcomed members to the three-day event and thanked them for their support, saying that the robust attendance at the meeting indicated the strength of AICC Mexico and its promise of future growth.