Team,
As we reach the midpoint of 2026, the environment we’re operating in continues to demand speed, discipline, and accountability. Industrial demand and our end market customers’ businesses remain soft, with no near-term recovery expected.
These dynamics directly affect our financial performance, and our ability to grow. In addition, newly mandated tariffs, and resin costs that have climbed more than 100%, are adding further pressure to our business. I am hopeful that ongoing negotiations in the Middle East will lead to greater stability for the global economy, and lower raw material costs, though the outcome remains uncertain.
Despite global uncertainties, through May 2026 we remain close to our budgeted performance. This reflects disciplined pricing actions and the hard work and commitment you bring to Mauser every day. These, along with strong EIP actions are helping us compete more effectively while continuing to deliver for our customers and support our people.
Looking ahead, the second half of the year remains uncertain. We believe some customers may have accelerated purchases ahead of price increases, which could impact demand in the coming months. How we respond in this environment will define our results. The single biggest lever we control right now is execution.
To ensure a successful year, we must stay focused on what matters most:
- Drive continuous improvement and a strong EIP agenda
- Operate safely
- Execute with discipline and speed—no delays in projects or day-to-day activities and hold ourselves accountable for results
- Grow with new and existing customers by exceeding their expectations
In the coming months, we will complete a strategic planning process that ensures that we invest in the right areas for future growth and long-term success. I encourage you to engage openly in this effort and contribute your ideas as we shape Mauser’s exciting future.
Thank you to our colleagues around the world for your continued focus on improving our business. Let’s stay aligned and have a successful 2026.
Thank you,
Mark Burgess
President & Chief Executive Officer
Mauser Packaging Solutions