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	<title>Supply Resources News</title>
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	<description>Supply Resources News</description>
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        <guid>http://www.sripackaging.com/news/details/ID/16</guid>
        <title>SRI Participates in the Walk for Awareness</title>
		<link>http://www.sripackaging.com/news/details/ID/16</link>
        <pubDate>Saturday, 27 April 2013 12:00:00 EST</pubDate>
        
        <summary>SRI Sponsors the 2nd Annual Dan River Autism 5k</summary>
        
        <description>Saturday, 27 April 2013 12:00:00 EST 
        This year, Supply Resources was once again a superhero sponsor for the Annual Dan River Autism Awareness 5k. Over 900 people came out to support this cause, as they had something for everyone; Kids 1k, 5k run, and 5k walk. The competitors wore bibs holding electronic chips which timed each one individually from start to finish. The massive turn out was incredible to see and quite a statement about the people of our area. SRI was honored to be a part of such a wonderful event.Our team consisted of 4 competitors in the 5k Walk division, covering 3 age groups. ALL FOUR of our team placed in the top 2 of their group! We are so excited to finish so well among such great competition. We can't wait for next year and hope to see another record breaking turnout to support the Autism Education Fund.To find out more about this program, please visit&amp;nbsp;http://danriverautism5k.org/&amp;nbsp;.</description>
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        <guid>http://www.sripackaging.com/news/details/ID/15</guid>
        <title>PPW has announced a $50 ton increase on 4 20 13</title>
		<link>http://www.sripackaging.com/news/details/ID/15</link>
        <pubDate>Monday, 22 April 2013 12:00:00 EST</pubDate>
        
        <summary>PPW Announces New Increase</summary>
        
        <description>Monday, 22 April 2013 12:00:00 EST 
        On April 20, 2013, Pulp &amp;amp; Paper Weekly recorded a $50/ton increase in linerboard pricing, moving it from $740/ton to $790/ton. PPW is the industry benchmark for reflecting current corrugated paper pricing and is based on actual transactions, not forecasting. This change will go into effect within the next 30 days. Please let your Supply Resources representative know if you have any questions about the increase.</description>
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        <guid>http://www.sripackaging.com/news/details/ID/14</guid>
        <title>SRI Expands in Virginia and Tennessee</title>
		<link>http://www.sripackaging.com/news/details/ID/14</link>
        <pubDate>Friday, 11 January 2013 12:00:00 EST</pubDate>
        
        <summary>Supply Resources is delighted to begin the New Year with an announcement of acquisition and expansion.&amp;nbsp;</summary>
        
        <description>Friday, 11 January 2013 12:00:00 EST 
        Supply Resources is delighted to begin the New Year with an announcement of acquisition and expansion. We have recently acquired Lynchburg Public Warehouse in Lynchburg, VA; a forty year old company which operates three public warehouse buildings totaling 125,000 square feet.&amp;nbsp;In addition to the current warehouse tenants, SRI will use the Lynchburg location as a base of operation to expand its packaging business to Lynchburg and Roanoke area customers. The acquisition further diversifies SRI, with regards to revenue and geography.&amp;quot;The Lynchburg acquisition is a great compliment to our current 300,000 square feet operation in Danville, VA. Customers are responding to our ability to lease and manage space for their outside warehouse needs.&amp;quot;&amp;nbsp;In addition to the exciting news surrounding the new Lynchburg location, Supply Resources announces the opening of a new satellite operation in Shelbyville, TN, just south of Nashville. This location will open in April, 2013, as a dedicated facility to a major US consumer goods manufacturer. The Tennessee warehouse will stage a variety of packaging supplies for just-in-time daily deliveries.&amp;quot;Our continued growth throughout a sustained economic downturn is extremely gratifying. We understand that all of our customers have choices when selecting vendors, and we are deeply grateful for the way in which the market has responded to our offering. We continue to apply a practical entrepreneurial spirit in developing solutions to our customer's supply chain and logistics needs.&amp;quot;-Rick Barker&amp;nbsp;</description>
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        <guid>http://www.sripackaging.com/news/details/ID/12</guid>
        <title>PPW Announces Increase of $50 ton in linerboard pricing</title>
		<link>http://www.sripackaging.com/news/details/ID/12</link>
        <pubDate>Wednesday, 26 September 2012 11:00:00 EST</pubDate>
        
        <summary>On September 21, 2012, Pulp &amp;amp; Paper Weekly recorded a $50/ton increase in linerboard pricing.</summary>
        
        <description>Wednesday, 26 September 2012 11:00:00 EST 
        On September 21, 2012, Pulp &amp;amp; Paper Weekly recorded a $50/ton increase in linerboard pricing. PPW is the industry benchmark for reflecting current corrugated paper pricing and is based on actual transactions, not forecasting. Contributing factors to this increase are:Mills are operating at 97.5% of capacity (95% is considered full capacity)Export demand, primarily Asian, is relatively strongContainerboard inventories are the lowest since 1979This increase will go into effect in the market within 30 days. Supply Resources is working with mills to stock up in advance of the increase for customers who wish to do so. Please let&amp;nbsp;your Supply Resources&amp;nbsp;sales representative&amp;nbsp;know if you have any questions regarding this change.</description>
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        <guid>http://www.sripackaging.com/news/details/ID/11</guid>
        <title>Supply Resources tent at VIR - American Le Mans Race 2012</title>
		<link>http://www.sripackaging.com/news/details/ID/11</link>
        <pubDate>Saturday, 15 September 2012 10:00:00 EST</pubDate>
        
        <summary>Supply Resources hosted our 2012 Appreciation Day at VIR with a hospitality tent&amp;nbsp; during the American Le Mans Series Race. We value the partnerships that we enjoy throughout the year with our customers and our vendors. We can't thank you enough for your support and business!</summary>
        
        <description>Saturday, 15 September 2012 10:00:00 EST 
        Supply Resources hosted our 2012 Appreciation Day&amp;nbsp;at VIR with a hospitality tent during the American Le Mans Series Race. We value the partnerships that we enjoy throughout the year with our customers and our vendors. We can't thank you enough for your support and business.Racing began at 8am on September 15th, and lasted all day with a line up of various events. The main race started at 2:30 and was action packed in the hair pin turn that our tent overlooked. However, the race was only over-shadowed by the weather! We could not have ordered a more perfect day, sunny and warm, between 75 and 80 degrees. We are hopeful for the same weather next year!Inside the tent, we were bursting with great food and people. Between the morning omelets, lunchtime variety from bacon-wrapped scallops to chipotle pork tenderloin, and the sinful snacks in the afternoon, no one left hungry! It was the icing on the cake for an awesome day and we hope all of you who attended enjoyed it as much as we did.Thank you all for coming out and enjoying all the festivities with us. We could not have been more pleased with such a great turnout. Make sure you visit the gallery page to see pictures of the event. If you were not able to make it, we hope you can join us next year and experience it for yourself!Sincerely,The Supply Resources Team</description>
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        <guid>http://www.sripackaging.com/news/details/ID/9</guid>
        <title>Supply Resources Attends 110th Canton Fair in China</title>
		<link>http://www.sripackaging.com/news/details/ID/9</link>
        <pubDate>Tuesday, 01 November 2011 12:00:00 EST</pubDate>
        
        <summary>Supply Resources president, Rick Barker, attended the 110th Canton Import Export Fair in Guongzhou, China. The trip supports SRI&amp;rsquo;s goal to further improve its sourcing capabilities throughout Asia. Increasingly, buyers look to SRI to source packaging.</summary>
        
        <description>Tuesday, 01 November 2011 12:00:00 EST 
        Supply Resources president, Rick Barker, attended the 110th&amp;nbsp;Canton Import Export Fair in Guongzhou, China. The trip supports SRI&amp;rsquo;s goal to further &amp;nbsp;improve its sourcing capabilities throughout Asia. Increasingly, buyers look to SRI to source packaging and non-packaging products offshore. SRI can ship to its customers directly from offshore manufacturers, or stage inventory in its distribution center for subsequent deliveries per customer production requirements. Buyers can eliminate the risk associated with importing and enjoy the same confidence that SRI delivers with its domestic supply chain. SRI can oversee quality inspections of orders at offshore manufactures before the containers are loaded, thus reducing the surprises on arrival.</description>
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        <guid>http://www.sripackaging.com/news/details/ID/7</guid>
        <title>Supply Resources named Supplier of the Year by Essel Propack America for Second Consecutive Year</title>
		<link>http://www.sripackaging.com/news/details/ID/7</link>
        <pubDate>Monday, 24 January 2011 12:00:00 EST</pubDate>
        
        <summary>“I would like to congratulate you for being awarded the 2010 Supplier of the Year Award for Essel Propack America. And a special congratulations for earning this award two years in a row,” Harvey Wall, Regional Supply Chain Manager. </summary>
        
        <description>Monday, 24 January 2011 12:00:00 EST 
        &amp;quot;I would like to congratulate you for being awarded the 2010 Supplier of the Year Award for Essel Propack America. And a special congratulations for earning this award two years in a row,&amp;quot; Harvey Wall, Regional Supply Chain Manager. &amp;quot;Thank you for the dedication and commitment to excellence displayed by your team in 2010 to achieve this accolade. I hope to see the same level of service in the future which we currently enjoy today. Great job!&amp;quot;For the year 2010, Supply Resources, Inc., earned a one hundred percent score for all scored metrics, which included On-Time, In-Full and To-Spec.</description>
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        <guid>http://www.sripackaging.com/news/details/ID/5</guid>
        <title>Southside Business Technology Center Encourages Entrepreneurial Growth</title>
		<link>http://www.sripackaging.com/news/details/ID/5</link>
        <pubDate>Sunday, 29 August 2010 12:00:00 EST</pubDate>
        
        <summary>Starting a business is harder than it seems. In fact, the Small Business Association estimates that 80 percent of businesses close their doors within the first five years. But growing a business, or any type of organization, is equally tough. </summary>
        
        <description>Sunday, 29 August 2010 12:00:00 EST 
        Starting a business is harder than it seems. In fact, the Small Business Association estimates that 80 percent of businesses close their doors within the first five years. But growing a business, or any type of organization, is equally tough. Many entrepreneurs agree that turning to the other industry professionals and specialists is an essential ingredient for long-term success. Rick Barker, founder of Danville, VA.-based Supply Resources Inc. (SRI), is one of those. SRI is an industrial and retail packaging company that also distributes facility supplies and recycles industrial papers and plastics.He turned to Southside Business Technology Center (SBTC)- a non-profit organization that was created in partnership with Virginia Tech in 2005 and funded, in part, with a five-year, $985,000, DRF grant has helped 165 entrepreneurs, non profits and economic development entities create and expand their business activities. In addition, SBTC has delivered 115 multi-phase business consulting projects and provided 28,596 consulting hours, according to Lascelles James, director of SBTC's Danville operations.&amp;quot;We've successfully navigated our startup phase,&amp;quot; said Barker, who expanded his company in 2010 with the purchase and remodeling of a 172,000 square-foot distribution center on RT. 86. Close to the Virginia / North Carolina border.&amp;quot;SBTC offers a level of expertise we could not afford otherwise.&amp;quot;SBTC provided an organizational analysis and suggested they hire additional employees. Now SBTC is developing a five-year strategic plan for Supply Resources to continue growth. Barker intends to implement 75 to 80 percent of their recommendations.Supply Resources started with only one employee and a narrow service area. Today, the company employs 25 people, most of who have been hired within the past year. The packaging company offers more than 10,000 custom products. Its distribution center services a 100-mile radius, but SRI is a regional company with clients all over the country, primarily in the Mid-Atlantic States.</description>
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        <guid>http://www.sripackaging.com/news/details/ID/4</guid>
        <title>Danville's SRI Opens New Distribution Center</title>
		<link>http://www.sripackaging.com/news/details/ID/4</link>
        <pubDate>Sunday, 04 July 2010 12:00:00 EST</pubDate>
        
        <summary> 
A local company’s drive to fulfill customers’ needs led to its expansion. Supply Resources Inc. opened its 172,000-square-foot regional distribution center at 1746 S. Main St. near the state line after closing on the building in February. </summary>
        
        <description>Sunday, 04 July 2010 12:00:00 EST 
        Supply Resources Inc. opened its 172,000-square-foot regional distribution center at 1746 S. Main St. near the state line after closing on the building in February. The company had been using a 71,000-square-foot warehouse on Wilson Street.&amp;quot;Even in a down economy SRI continues to grow,&amp;quot; President Rick Barker said.&amp;quot;As customers grow, we grow with them,&amp;quot; added Kenny Scruggs, director of operations and logistics.The move comes five years after Rick Barker launched the custom packaging and logistics company. Before then, Barker spent 20 years in the packaging industry and built SRI on the premise of giving customers better service.His strategic plan involved being market competitive on price, making relationships sustainable and providing indispensable service.&amp;quot;What we find most customers need is not a better price. They need a better process,&amp;quot; Barker said. &amp;quot;We focus on developing a process that better manages a customer's business.&amp;quot;SRI found its niche in handling everything from designing, manufacturing, storing and delivering boxes to employing associates on customer sites and even installing equipment.The new distribution center allows the company to excel in this niche. It gives SRI more storage space so that the company can deliver the product as the customer needs it.&amp;quot;What we do better than anyone in the region is the just-in-time delivery,&amp;quot; Barker said.This frees up the customers' space for their use, said Scruggs, who was formerly operations manager at eToys. Some customers may need temporary space, which they can lease.The location of the distribution center, right off U.S. 29, is easily accessible to trucks and customers, said Scruggs, who runs the facility.Barker grew the company in Danville because that's where he grew up. Yet, the Virginia location means the company can ship to more addresses UPS next day than anywhere in the country, he added.The company serves mostly Mid-Atlantic regional customers or others based on customer referral. SRI is also selective and targets customers in profitable industries that are less likely to migrate offshore in the future, Barker said.Now that the five-year startup phase is complete, SRI works with a consulting firm to essentially redesign the company, Barker said.&amp;quot;Creating a business is a risky endeavor,&amp;quot; he said. &amp;quot;Your future is not for sure.&amp;quot;The next goal is to become a better employer. The company recently hired its 25th employee.SRI is already helping its customers in green initiatives. When SRI delivers a truck of packaging material, that then empty truck can take baled customer recyclables back to the mill.SRI changed box design to make boxes reusable several times before going back to the paper mill for recycling. The company replaced wood pallets with corrugated cardboard ones, which are easier to use and recycle.&amp;quot;We're entrepreneurs,&amp;quot; Barker said. &amp;quot;We'll build to suit a tenant or client. If the customer wants it, we will build it.&amp;quot;</description>
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        <guid>http://www.sripackaging.com/news/details/ID/6</guid>
        <title>Danville's Supply Resources recognized</title>
		<link>http://www.sripackaging.com/news/details/ID/6</link>
        <pubDate>Sunday, 14 March 2010 12:00:00 EST</pubDate>
        
        <summary>Supply Resources, a Danville-based custom packaging and logistics company, was named as Supplier of the Year for 2009 at Essel Propack&amp;rsquo;s second annual Supplier Conference on March 5.</summary>
        
        <description>Sunday, 14 March 2010 12:00:00 EST 
        Supply Resources, a Danville-based custom packaging and logistics company, was named as Supplier of the Year for 2009 at Essel Propack's second annual Supplier Conference on March 5.The award is based on scorecards issued to over 200 suppliers, according to a company news release. With more than 5,000 PO line items issued in 2009, SRI received a total score of 99.5 percent, the release continued.Supply Resources scored 98.5 percent in quality, 100 percent in on-time deliveries and 100 percent with in-full quantities. SRI's account manager Kenny Scruggs, who manages 12 associates on-site at Essel Propack, was recognized for his significant contribution. Additionally, this is a great example of local companies partnering to satisfy demanding supply chain requirements with its neighbors rather than looking outside the region, the company release stated.Rick Barker said via news release he is &amp;quot;proud to accept the recognition on behalf of his employees and suppliers, who have so earnestly dedicated themselves to this project.&amp;quot;</description>
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        <guid>http://www.sripackaging.com/news/details/ID/2</guid>
        <title>Supply Resources Opens Business in Warehouse District</title>
		<link>http://www.sripackaging.com/news/details/ID/2</link>
        <pubDate>Sunday, 10 February 2008 12:00:00 EST</pubDate>
        
        <summary>Supply Resources Inc., a year-old custom packaging and logistics business owned by Rick Barker, has opened its headquarters in Danville's Tobacco Warehouse District. </summary>
        
        <description>Sunday, 10 February 2008 12:00:00 EST 
        Supply Resources Inc., a year-old custom packaging and logistics business owned by Rick Barker, has opened its headquarters in Danville's Tobacco Warehouse District.Barker, a Danville native, spent more than 20 years in the packaging business before deciding to go out own his own a year ago. He currently leases 70,000 square feet of warehouse space on Industrial Avenue, Wilson Street and Lynn Street to hold the company's retail packaging supplies, such as bags, tissues, bows and gift wrap and boxes. The addition of the offices on Craghead Street, on the ground floor of the historic Link-Watson building, provides company with a central location to operate from, Barker said. &amp;quot;I wanted to be part of the downtown renovations and really like the Tobacco District,&amp;quot; he said. The company will employ 10 people. </description>
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