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News & Press: Pressroom

2017 Annual Report

Wednesday, December 6, 2017   (0 Comments)
Posted by: Alyce Ryan
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Read full report on AICC Boxscore.

AICC’s 2017 fiscal year ended on June 30, and it was a banner year in terms of revenue, member participation, and influence in our industry. Completing the first year of a four-year “strategic agility” plan known as “Destination Modeling,” AICC achieved or exceeded its targeted goals in four principal functional areas of operation and laid the foundation to build on those in the years ahead. The following report details 2017’s results in membership, education and training, meetings and conventions, and governance.

AICC membership numbers continued to grow in the past year, despite a growing trend of consolidation in the industry. Dues revenues reached a record $1,299,352 in FY 2017, up from $1,144,791 in FY 2016. AICC welcomed 12 new corrugated general members, three folding carton general members, and 25 associate members in the fiscal year, and enjoyed a general member retention rate of 94 percent. The total number of corporate member entities worldwide was 490, up from the previous year’s 476.

Education and Training

AICC’s industry-specific education and training programs reached almost 2,000 employees in the industry and brought $410,267 in revenue in the 2017 fiscal year. This was up from $330,000 in FY 2016, or an increase of 24 percent. The increases were fueled in large part by the introduction of new onboarding courses, such as Corrugated Fundamentals and Folding Carton Fundamentals, both introduced in 2016. In addition, new partnerships with Clemson University’s Sonoco Institute provided a dedicated Designers’ Workshop as well as a Flexographic Printing Press Maintenance workshop.

AICC’s webinars continue to reach a larger number of member company employees due to their relevant subject matter and relatively low expense and time commitment. In FY 2017, AICC introduced a series of HR compliance webinars with Christine Walters, JD, MAS, SHRM-SCP, SPHR. These webinars covered topics such as employee drug testing, hiring and firing practices, and audits of employment policy manuals.

The major development in AICC’s Education & Training program was the announcement in March 2017 that all AICC online courses would be included free of charge as part of AICC’s membership benefits. This transition from pay-as-you-go to “all-included” was directed by AICC’s board, and has been made possible by a unique partnership with The Packaging School, Greenville, S.C., a leading online educational platform for the material handling, packaging, and processing industry. At the end of the 2017 fiscal year, the Packaging School and AICC partnership provided members with nearly 30 online courses free of charge in disciplines covering production, sales, design, and general leadership and management topics.

National Meetings, Summits, and Special Events

Attendance at AICC’s national meetings and regional summits and other events topped 6,000 people in fiscal year ending June 30. The 2016 Annual Meeting and AICC/TAPPI SuperCorrExpo, held for the first time in Orlando, Fla., attracted more than 5,000 people to the combined quadrennial event. AICC’s 2017 Spring Meeting was held in Austin, Texas, and saw an attendance of 628 people. AICC’s annual legislative fly-in—this year rebranded to The Print & Packaging Legislative Summit—attracted 65 participants. This year, AICC continued its partnership with Printing Industries of America (PIA) and collocated the event with the National Association of Manufacturers (NAM) Manufacturing Summit. Representatives from the National Association of Printing Ink Manufacturers (NAPIM) and the International Association of Diecutting and Diemaking (IADD) also attended. Read full report on AICC Boxscore.