As 2025 begins, American Packaging Corporation (APC) is embarking on a journey with significant opportunities, new challenges, and great rewards. We're committed to creating opportunities for our customers, employees, and communities, including:

• Value creation for our customers
• Good Job / Great Life for our employees and their families
• Enrichment of our communities and world environment

As I step into a new role as CEO and President, I am excited about the future of American Packaging and the unlimited potential for our business. In 2024, APC’s leadership completed our previously announced leadership transition:

• January 1, 2024, Peter Schottland became Executive Chairman of the Board
• December 31, 2024, Jeff Koch, formerly CEO, retired and joined the Board of Directors
• January 1, 2025, I became CEO & President

Together, we are leading APC towards an even brighter future, supported by the talent of APC’s Senior Leadership Team. We continue to build upon our company values of Entrepreneurial Spirit, Respect, Community, Integrity, and Innovation, creating a solid foundation of steady business growth, employee enrichment and advancement, and environmental responsibility and improvement.

Our priority will always be our APC team members’ safety, career, and work experience. We strive to be the “Employer of Choice” to our APC family members, providing a positive and safe work environment filled with opportunities to make meaningful contributions towards both the company’s success as well as their own. We invest in safety, training, compensation and benefits, and enrichment opportunities for our team members. Our motto — Good Job / Great Life — is tangible, so employees understand they have a job and a career path that will provide the opportunity to comfortably support their families’ daily needs and a future retirement.

Protecting and enhancing our local and global communities is paramount for today and the future. APC continues to step up to that responsibility, elevating our efforts each year by focusing on three pillars of our commitment: Social, Economic and Environmental Responsibility.

Social Responsibility APC provides financial resources and advocates volunteerism to address needs in our communities – locally, nationally, and globally. This includes many philanthropic investments, such as supporting The Hole in the Wall Gang Camp, The American Red Cross, United Way, Schottland Family YMCA, Rochester Institute of Technology School of Packaging and many other local and national philanthropies. Hurricane relief, health and well-being support, hunger relief, and environmental clean-up, are some ways APC cultivates deeper relationships in our communities, positively impacting the lives of many.

Economic Responsibility Economic responsibility is foundational to the security and well-being of our business, employees, customers, and suppliers. APC’s strategy of unparalleled investment in world class manufacturing facilities, state-of-the-art equipment, innovative technologies, and the best human talent. Because of that commitment, we drive profitable sales growth at a rate typically twice the industry average. For our customers, this economic responsibility means APC is a solid financial supplier, capable of meeting their packaging needs as part of a long-term partnership.

Environmental Responsibility APC’s environmental stewardship is embedded in our culture and our business strategy. It’s core to our corporate mission, our operational capabilities, and our product management strategy, including the end-to-end life cycle of the supplies we procure, the production and waste-minimization methods we use, the sustainable packaging technologies we develop, and downstream programs we support.

Our flexible packaging products are essential to protecting and delivering food, beverage, healthcare and other products that enrich the lives of both people and pets. We are committed to creating products and utilizing manufacturing practices that build a healthier, more circular world. In 2024, APC debuted several new sustainable packaging technologies—including Certified-Circular Content, Design for Recycle High Performance Paper, and Design for Compost. These introductions broaden out APC’s extensive line of RE^® sustainable packaging products, which also include Design for Recycle Film, Renewable Content, PCR Content, and Source Reduction packaging technologies.

In addition to more sustainable packaging products, American Packaging is committed to more environmentally friendly business practices, capabilities, and collaborations that include:

• Carbon Disclosure Project
• Ecovadis - Top 35% Bronze Sustainability Rating
• Science Based Target Initiatives
• Pet Sustainability Coalition Accreditation
• ISCC PLUS Accreditation
• ISO 14001 Accreditation
• SEDEX Accreditation
• CEFLEX Accreditation
• Council of the Great Lakes Region

In 2025, we will continue to elevate our company performance, invest in more sustainable products and capabilities, and contribute to our communities. American Packaging Corporation is stronger and more capable than ever and growing at a rate that will sustain our company, employees, and critical stakeholders well into the future.

I want to thank our APC team members. With their hard work and dedication to these programs, we continue to make meaningful impact and help build a better future.

Ray Graham
CEO & President
American Packaging Corporation

APC's sustainability program is a fundamental part of long-term profitability and viability of our company and is a natural outgrowth of our Core Values. APC’s goals are to be accountable and responsible for our actions while remaining focused on improving the environment for future generations through, working with our employees, funding education support, continuing internal research, preserving natural resources, minimizing waste and continually evaluating our manufacturing operations and suppliers for efficiencies and reduction of environmental impacts.