MOD-PAC CORP. (NASDAQ: MPAC) (the “Company”), a manufacturer of custom and stock paper board packaging and provider of personalized print products, announced today that as part of its continued commitment to environmental responsibility that it has earned chain-of-custody (CoC) certification from both the Sustainable Forestry Initiative (SFI (R)) and the Programme for the Endorsement of Forest Certification (PEFC) for its paperboard packaging facility located in Buffalo, NY. These two independent organizations represent the leading global forestry certification bodies and provide standards requiring third-party validation of a plant's documented processes and CoC monitoring system. CoC certification outlines requirements for tracking certified material from the forest to the final product to ensure that the wood contained in the product or product line originates from certified forests and organizations with forestry practices that integrate the perpetual growing and harvesting of trees with the protection of wildlife, plants, soils, and water. Additionally, MOD-PAC’s Buffalo facility has been certified to SFI (R)'s fiber sourcing procurement requirements, which requires program participants to show that the raw material in their supply chain comes from legal and responsible sources, whether the forests are certified or not. “This combination of certifications provides our customers with the highest degree of confidence and flexibility for them to provide chain-of-custody or fiber sourcing claims while demonstrating our corporate commitment to the sustainability of our planet," said Daniel G. Keane, President and Chief Executive Officer of MOD-PAC CORP. David B. Lupp, Chief Operating Officer and Chief Financial Officer added, "We take great pride in the efforts that we have made to ensure the sustainability of our planet for future generations. By receiving these certifications we are now able to supply our customers with the most stringent fiber certifications possible to go along with our high quality products and short lead times." MOD-PAC CORP. is committed to environmental stewardship, sustainable business practices and sustainable solutions for its customers. With an ever-growing awareness of how industry impacts our planet, MOD-PAC strives to make its’ manufacturing processes as gentle as possible to the world around us. This environmental focus guides how the Company operates its’ facilities and sources, processes and recycles its paperboard materials. In addition to traditional recycling programs, MOD-PAC also demonstrates its commitment to sustainability by producing its own reduced-emission natural gas electric power. MOD-PAC is doing its best to preserve the environment for future generations by committing to cleaner and earth-friendly solutions today. A sustainable approach helps MOD-PAC CORP eliminate waste, reduce energy consumption and minimize its impact on the environment.
Further information about MOD-PAC’s environmentally-friendly approach to business can be found on its websites at www.modpac.com.SFI (R) Certification Numbers: NSF-SFI-COC-C0069251 and NSF-SFIFS-C0069251PEFC Certification Number: NSF-PEFC-COC-C0069251 ABOUT MOD-PAC CORP. MOD-PAC CORP. is a high value-added, on demand print services firm providing products and services in two product categories: folding cartons and personalized print. Within folding cartons, MOD-PAC provides CUSTOM FOLDING CARTONS for branded and private label consumer products in the food and food service, healthcare, medical and automotive industries. The Company also offers a line of STOCK PACKAGING primarily to the retail confectionary industry. MOD-PAC’s PERSONALIZED PRINT product line is a comprehensive offering for consumer and corporate social occasions. MOD-PAC’s strategy for growth is to leverage its capabilities to innovate and aggressively integrate technology into its production operations providing cost-effective solutions for its customers. Through its large, centralized facility, the Company has captured significant economies of scale by channeling large numbers of small-to-medium-sized orders through its operations due to its rapid order change out skills. Applying its lean manufacturing processes coupled with state-of-the-art printing technologies, MOD-PAC is able to address short-run, highly variable content needs of its customers with quick turn around times relative to industry standards. Additional information on MOD-PAC can be found at its website: http://www.modpac.com. Safe Harbor Statement: This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. One can identify these forward-looking statements by the use of the words such as "expect," "anticipate," "plan," "may," "will," "estimate" or other similar expressions. Because such statements apply to future events, they are subject to risks and uncertainties that could cause the actual results to differ materially. Important factors, which could cause actual results to differ materially, include market events, competitive pressures, changes in technology, customers preferences and choices, success at entering new markets, the execution of its strategy, marketing and sales plans, the rate of growth of internet related sales, the effectiveness of agreements with print distributors and other factors which are described in MOD-PAC’s annual report on Form 10K on file with the Securities and Exchange Commission. The Company assumes no obligation to update forward-looking information in this press release whether to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results, financial conditions or prospects, or otherwise.