—  Packaging giant WestRock released its first-quarter earnings and though the company says it remains committed to executing its strategy. The company reports a first-quarter net income of $45.3 million, down 75.2 percent from the same period in 2021 when it reported $182.3 million in net income. Net sales decreased year over year by 0.6 percent, or $29 million. WestRock says the steep decline in net income was driven by increased net cost inflation, lower volumes, economic downtime and costs related to its acquisition of Grupo Gondi in July of last year. Westrock has pulled its full-year 2023 guidance because of uncertain market conditions. Westrock has plants in Alberta, Saskatchewan , Manitoba , Ontario and Quebec for a total of 12  in Canada. They produce folding cartons, corrugated and specialty packaging. They are based out of Atlanta Georgia.