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After a complete dryer section rebuild supplied by Toscotec, Cartiera di Ferrara fired up PM1 at its mill in Ferrara, Italy. Toscotec modified the entire dryer section, without changing its overall length and therefore leaving the positions of the press and the pope reel unchanged. This allowed for a very short shutdowntime because civil works were not necessary to achieve the planned production increase. The paper machine achieved stable production immediately after start-up.

Reported insider trading since the last issue of PaperMoney.

Sonoco announced it has closed on the sale of its Display and Packaging business in the United States to Hood Container Corporation for $80 million in cash.

North Pacific Paper Company is pushing further into the recycled paper market, adding a new drum pulper that will support an existing 400 mill jobs and produce recycled packaging papers from waste material previously sent to China.

The capital cost of the initial plant is approximately $300 million and will be funded by a combination of project debt, project equity, government funding and sponsors' equity contributed by Fortune 500 corporate partners who remain confidential at this time.

Judging from a message sent to at large City Councilor Derek Medved Monday, ST Paper's efforts to purchase Verso Corp.'s shuttered Duluth mill aren't going very well.

Smurfit Kappa has announced a further investment of over €25 million at its Pruszkow 'mega-plant' located in central Poland. This investment forms part of the accelerated capital investment programme following the company's €660 million equity capital raise which took place in November 2020.

Tim Campbell, founder of Jackson Paper, in Sylva, N.C., died March 25. He was 80. He converted a mill previously owned by Mead to produce recycled medium, and the mill continues to thrive today.

West Fraser Timber Co. Ltd. says it has begun producing and shipping building panels from the Chambord, Que., oriented strand board (OSB) mill it inherited with its recent $4-billion all-stock takeover of rival Norbord Inc.

International Paper has purchased two state-of-the-art corrugated box plants in Spain, further growing its capabilities in Madrid and Catalonia, the largest industrial regions in the country.

Progress on West Fraser Timber's new lumber manufacturing complex in Dudley, Georgia remains on track with management's initial expectations. Substantial portions of the new mill are being commissioned and are ramping up, with the new site expected to be fully operational by the end of the 2Q 2021.

Emergency crews responded to a report of a machine on fire at a North Charleston paper mill Friday night, March 26.

First Quality Tissue in Anderson is moving forward with an expansion project that will create 200 jobs for the area, bringing the company's projected community impact to more than $400 million in the coming decades.

Pratt Industries is America's fifth-largest corrugated packaging company and the world's largest, privately-held 100% recycled paper and packaging company. The new facility, called the Intermodal Logistics Center, is part of a 502,428 square foot, $32.9M investment being constructed by Taylor & Mathis.

Metsä Fibre is building the world's most modern sawmill in Rauma, Finland. The construction work began in May 2020, and the sawmill's foundation stone was laid on Thursday 25 March 2021. Due to the coronavirus situation, the foundation stone was laid by Harri Haapaniemi, Project Director, and Liisa-Maija Perävainio, Sawmill Director, without external participants.

The facility, which is approximately 335,000 square feet and sits on 143 acres, will initially start with three pelleters and a 100,000-ton capacity, but has the infrastructure for eventual expansion to 300,000 tons and nine pelleters.

Private equity firm Apollo Global Management Inc. is exploring a sale of textbook publisher and education technology company McGraw-Hill Education that could fetch up to $6 billion, including debt, according to people familiar with the matter.

Glatfelter Corporation announced the antitrust regulatory process has concluded and it may now proceed with the previously announced acquisition of Georgia-Pacific's U.S. nonwovens business for $175 million.

In an effort to help ensure a stable and growing future, ND Paper has established a new program to build financial leaders for its company.

UPM Timber has completed the employee consultation process started in early February on its plans to improve profitability and strengthen competitiveness. Based on the negotiations, the number of positions at UPM Timber will decrease by 43.

Following on the heels of Tony Mollica's appointment to CEO of Twin Rivers, the company continues to build on its play to win strategy with the announcement of six new, highly experienced cross-functional team members.

The BoxMaker, a leading Pacific Northwest manufacturer of corrugated packaging, broke ground on a new production plant in Lowell, Arkansas, on March 16, 2021 as part of a multi-million-dollar investment to effectively address growing demand across the country for digitally produced packaging and displays.

We are so excited to announce the opening of our new branch facility in Kansas City, MO! With the growth and expansion of our customer base and sales representation into the Midwest, Kansas City is a prime location to service existing and new customers throughout Kansas, Missouri, Iowa and Nebraska.

Södra's new cross-laminated timber, CLT, is a fast mover in the market. For this reason, Södra is investing in a new facility that will increase the production capacity of timber frames ten-fold. The facility is expected to be commissioned in mid-2022.

After breaking ground two and a half years ago, Green Bay Packaging produced the first reel of paper at its new paper mill.