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Displaying 6801 - 6825 of 19077 articles

Mondi Weighs Deal for $7 Billion Packaging Rival DS Smith

Mondi Plc, the packaging and paper group, is exploring a potential takeover of British rival DS Smith Plc, according to people familiar with the matter.

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SCA closes its last publication paper machine

Thursday February 25, at 7.07 am, SCA closed permanently paper machine LWC4 at Ortviken paper mill. With this, SCA's all production of publication paper has come to an end.

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More forest industry acquisitions expected in 2021

RBC Capital Markets analyst Paul Quinn has suggested that B.C.'s Big 3 could become the Big 2, with Canfor buying Interfor.

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Crew responds to 'fire on top of a tank' at International Paper facility

Fire department officials described the fire as tough to put out because it was in a difficult spot to reach. Additionally, the burning material was likened to mulch, which is prone to deep-seated fire that can smolder for hours.

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International Paper acquires Berkley Molded Fiber division

International Paper has acquired Berkley International's Molded Fiber (pulp) manufacturing division, Berkley MF LLC, for an undisclosed purchase price. Calabasas Capital served as exclusive financial advisor to Berkley.

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Weyerhaeuser to Acquire Timberlands in Southwest Alabama

Weyerhaeuser Company announced an agreement to purchase 69,200 acres of high-quality Alabama timberlands from Soterra, a subsidiary of Greif, Inc., for approximately $149 million. The acquisition is comprised of highly productive timberlands situated in southwest Alabama, approximately 100 miles north of Mobile.

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Domtar Corporation Announces Management Committee Appointments

Domtar Corporation announced appointments to the company's management committee. These appointments streamline and simplify the company's management structure and will help advance Domtar's strategic plan to lower costs and refocus the company's portfolio on paper, pulp and packaging.

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Truck driver dies after paper bale crushes him

The state Department of Labor and Industries is investigating the death of a truck driver who was struck by a 1,500-pound cardboard bale at a McKinley Paper Company unloading area.

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Subsidiary of UFP Industries announces agreement to acquire the net operating assets of Spartanburg Forest Products and its affiliates

UFP Industries, Inc. announced that one of its wholly owned subsidiaries, Sunbelt Forest Products Corporation, signed an agreement to purchase the net operating assets of Spartanburg Forest Products, Inc. and its affiliates. The purchase price for Spartanburg's property, plants and equipment is approximately $17 million.

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Scapa Group shareholder opposes £400 million takeover by SWM

A key investor in Greater Manchester industrial tapes and wound care group Scapa has called on its directors to strike a better deal with its US suitor.

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Sonoco warehouse in Middlesex County, New Jersey damaged by fire

The fire involved the finished cardboard canisters manufactured by the facility, which were stored on plastic pallets and shrink-wrapped, then stacked three pallets high, according to authorities.

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Stubborn machine fire at Cascades facility

Quinte West Fire Department investigators will be returning to the Cascades containerboard packaging facility in Trenton Monday morning, February 22, 2021.

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Mill Rock Packaging Partners Acquires All Packaging Company

Mill Rock Capital, a growth and operations oriented private investment firm, announced today that its portfolio company Mill Rock Packaging Partners LLC ("Mill Rock Packaging") has acquired All Packaging Company ("All Packaging"), a leading specialty paper packaging company focused on various consumer end markets.

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Historic Oregon paper mill demolished, redevelopment planned

Commercial Development Co. Inc., the St. Louis, Missouri-based company that purchased the mill from WestRock, began auctioning off heavy equipment, steam-generating machinery and other items last fall.

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$150 million is being invested at the Louisiana Pacific Houlton Mill in New Limerick, Maine

A major construction project at the Louisiana Pacific Houlton mill in New Limerick will begin this summer. $150 million dollars is being invested in the project that will convert the mill to manufacture LP's Flagship product.

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Commercial Development Company purchased retired Coos Bay Lumber Mill in Oregon

Commercial Development Company, Inc. (CDC) announced the acquisition of a 162-acre retired lumber mill property in Coos Bay, Oregon. The site was acquired by CDC affiliate Coos Bay LLC and purchased from Georgia-Pacific West, LLC. The transaction includes the acquisition of real estate, machinery & equipment, and assumption of environmental liabilities. CDC affiliate Environmental Liability Transfer, Inc. facilitated the transfer of environmental liabilities.

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Clearwater Paper Suspended Arkansas Operations Due to Severe Weather Conditions

Clearwater Paper Corporation announced that it temporarily suspended its pulp and paperboard operation in Cypress Bend, Arkansas. The cold weather has resulted in the curtailment of natural gas deliveries to the mill as natural gas providers prioritize residential needs.

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Crews deal with fire at Domtar facility

Fire crews spent several hours overnight Feb. 18 keeping an eye on a portion of the Domtar mill where a small fire broke out just before midnight. KFR crews assisted emergency crews from Domtar in dealing with the issue.

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L.P. to restart Peace Valley OSB Mill in Fort St. John, B.C.

Louisiana-Pacific Corporation has announced they will restart production at the Peace Valley OSB Mill in Fort St. John.

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JobsOhio Awards $400,000 Grant to Burrows Packaging for Investments at Franklin and Mount Vernon Plants

JobsOhio has provided BurrowsTM with a $400,000 grant to invest in new machinery, equipment and infrastructure at its manufacturing plants in Franklin and Mount Vernon, Ohio.

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Appvion closing Roaring Spring, Pennsylvania mill; 293 jobs lost

Appvion Inc. officials announced Monday they will close the Spring Mill, which has been operating since 1866, this spring and nearly 300 jobs will be lost.

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Nordic Paper appoints Henrik Essén as new Head of IR and Strategy

Nordic Paper has appointed Henrik Essén to a position as Head of IR and Strategy. He will assume his position on March 1st 2021 and will be part of the executive management team of the company.

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Rottneros' CFO Monica Pasanen to leave the company

Rottneros' CFO Monica Pasanen will leave her position in the autumn of 2021. Thus, the recruitment of her successor will begin immediately.

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Former Madison, Maine mill receiving equipment as timber tech firm preps for unique use

Significant progress has been made at the former Madison Paper Industries mill under its new leadership.

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New Pregis Facility to Produce All-Paper Cushioned Mailers

Pregis, a leading manufacturer of protective packaging, is announcing a new 300,000 square foot manufacturing facility in Bethel, Pennsylvania. The plant will be producing lightweight, recyclable all-paper cushioned mailers to support demand in the Northeastern region of North America.

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Displaying 6801 - 6825 of 19077 articles

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