Caraustar Announces Price Increase on All Shipments of Recovered Fiber

Fri Sep 26, 7:30 AM

ATLANTA, Sept. 26 /PRNewswire-FirstCall/ -- Caraustar Industries, Inc. (Nasdaq: CSAR) announced that it will implement surcharges consistent with Department of Energy guidelines for its recovered fiber tons as well as make certain adjustments for freight allowances effective on and after October 1, 2008.

Gregory B. Cottrell, vice president Recovered Fiber Group, stated, "In order to recoup fuel and freight increases, the company must pass these costs on to customers."

Caraustar Industries, Inc. is one of North America's largest integrated manufacturers of 100% recycled paperboard and converted paperboard products. The company is a socially responsible corporation, is committed to environmentally sound practices and is dedicated to providing customers with outstanding value through innovative products and services. Caraustar has developed its leadership position in the industry through diversification and integration from raw materials to finished products. Caraustar serves the four principal recycled boxboard product end-use markets: tubes and cores; folding cartons; gypsum facing paper and specialty paperboard products. For additional information on Caraustar, please visit the company's website at www.caraustar.com


    CONTACT:  Gregory B. Cottrell
              Vice President,
              Recovered Fiber Group
              (770) 948-3101

SOURCE Caraustar Industries, Inc.