CRANFORD, N.J.--(BUSINESS WIRE)--The Newark Group (www.newarkgroup.com), a leader in the collection of secondary fibers and the manufacturing and converting of 100% recycled paperboard in the U.S. and Canada, today announced a $25 per ton price increase on all uncoated grades of recycled paperboard effective with shipments on or after February 18, 2013.
“The increase is necessary to recover escalating costs”
“The increase is necessary to recover escalating costs,” said Raymond Vargo, Jr., Vice President of Sales, Newark Paperboard Mills.
About The Newark Group
The Newark Group is a leader in integrated manufacturing of 100% recycled paperboard and paperboard products in the U.S. and Canada. The Company supplies the raw material used to produce products, making it a self-sustaining, environmentally sound company. The Newark Group serves a diverse market, offering raw materials to finished products. They are committed to providing customers with customized innovative products and superior customer service. Privately held for 100 years, The Newark Group is headquartered in Cranford, NJ, employs more than 1,500 and owns 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.