TITLE

Paper and Packaging

PUB. DATE
July 2003
SOURCE
U.S. Industry Quarterly Review: Paper & Packaging;2003 3rd Quarter, p47
SOURCE TYPE
Industry Profile
DOC. TYPE
Industry Overview
ABSTRACT
The article presents information on paper and packaging industry in the U.S. Paper producers continued to face financial difficulties during the second quarter of 2003. Most announced price increases have been generally rejected or minimized. Year to date, demand through July remained up slightly from year-earlier levels. Inventories increased and operating rates remain below 90%. As a result, both sales and net incomes for the top six major paper producers were down from year-earlier levels for the second quarter of 2003. Sales were off 0.4% and net income dropped a hefty 36.6%. Financial problems, cost cutting, mergers, and international competition, have all taken a role in shrinking the U.S. paper industry by over 8% since 2000.
ACCESSION #
14620947

 

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