In the newly created position, Rauchut will be responsible for the company’s financial planning, cash management, and revenue recognition process, and he will report to Craig Wolfe, JLS’s chief operating officer.

Companies are under pressure, facing higher prices for their supplies and some are trying to pass that onto consumers in a phenomenon called shrinkflation.

In Packaging Strategies News’ analysis of the 16 in our group, sales growth averaged only 1.8% for the year.

The majority of public packaging companies turned in respectable 2014 financial reports, in a year that was punctuated by two large merger announcements in the fourth quarter that will remake future industry share rankings.