The trusted name in protective packaging solutions.
Pregis Corp. is announcing a 7% price increase in North America, effective March
17, 2014, for its extensive line of protective packaging solutions. Products included
• Air cushioning rollstock, converted and lamination
• Foam rollstock, converted and lamination
• Microfoam® polypropylene foam
• Engineered foam
• Inflatable packaging systems
• Paper packaging products & systems
Additionally IntelliPack® SmartFoam™ foam- in-place liquids will increase by 19
cents per pound. All other IntelliPack consumables (SmartFilm™ bags, SmartLube™
cleaning solution) will increase by 7%.
In making the announcement, Pregis President and CEO Kevin Baudhuin stated that
raw material price increases are continuing to compress operating margins.
“We are diligent in our efforts to control all aspects of our manufacturing and
transportation expenses to minimize the impact of these rising costs on our customers,”
Baudhuin said. “However, immediate recovery of a portion of these soaring costs
is necessary so that Pregis can continue to develop innovative solutions designed
to better address evolving customer needs.”