Packaging Briefs – THURSDAY, JULY 1

Intelligrated recognized for corporate growth and expansion with multiple honors
Intelligrated announces its receipt of several local and national growth awards. The company reports strong growth in the past year following its acquisition of FKI Logistex® in June 2009. In recognition of Intelligrated’s dedication and investment in the Greater Cincinnati area, the company received multiple local honors. Intelligrated was named the 2010 Deal Maker: Corporate Winner based on its successful merger and acquisition activity, the 2010 MANNY Award: Top Growth winner by Cincy Magazine in acknowledgement of its investment in the Cincinnati manufacturing industry and the Cincinnati USA Partnership for Economic Development’s Expansion Project of the Year. The company also made a national industry list, debuting at No. 15 on Modern Materials Handling’s Top 20 Worldwide Materials Handling Systems Supplier list, which is calculated based on revenue.

Smurfit-Stone completes financial restructuring
Smurfit-Stone Container Corporation today announced that it has successfully completed its financial restructuring and has officially emerged from Chapter 11 as a newly reorganized, publicly traded company that will begin trading on the New York Stock Exchange under the symbol SSCC effective July 1, 2010.

In conjunction with the company's completion of its financial restructuring, the company announced a new board of directors, including Ralph F. Hake, who has been appointed non-executive chairman of the Smurfit-Stone board of directors. Hake is the former chairman and CEO of Maytag Corporation. Additional board members include:

  --  Timothy J. Bernlohr, former president and CEO of RBX Industries, Inc.
  --  Terrell K. Crews, former EVP and chief financial officer of Monsanto
  --  Eugene I. Davis, chairman, CEO and chief restructuring officer for
      Pirinate Consulting Group, LLC
  --  Michael E. Ducey, former president and CEO of Compass Minerals
      International, Inc.
  --  Jonathan F. Foster, managing director, Current Capital LLC
  --  Ernst A. Haberli, former president, commercial operations,
      international, Gillette Company
  --  Arthur W. Huge, former president and CEO of Menasha Corporation
  --  Steven J. Klinger, president and COO, Smurfit-Stone
  --  Patrick J. Moore, CEO, Smurfit-Stone
  --  James J. O'Connor, former chairman and CEO of Unicom Corporation and
      the former Smurfit-Stone lead independent director

International Paper finalizes purchase of SCA Packaging Asia business
International Paper has completed the purchase of SCA Packaging Asia for approximately US$ 200 million, subject to post-closing adjustments. International Paper's industrial packaging business in Asia now has 27 plants, including 21 facilities in China, and operations in Thailand, Malaysia, Singapore and Indonesia.

RockTenn announces price increase on containerboard
RockTenn announces today a $60 per ton price increase on all grades of Containerboard. The price increase is effective for August, 2010 orders.

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