Strong Growth for ICG Despite Industry Consolidation
The Independent Carton Group (ICG) reports that, despite continued consolidation in the folding carton industry, business growth among its membership remains strong. This is evidenced by the significant investments that ICG members continue to make in their own operations and the strength of their collective buying power.
ICG members are independently owned folding carton converters who do not own, nor are controlled by, a paperboard mill. All members participate in the group purchasing program, which allows them to capture volume discounts on paperboard and other raw materials, as well as supplies and equipment, from over 40 of the industry’s most reputable suppliers.