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Displaying 8526 - 8550 of 19123 articles

Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Northern Pulp says it's committed to staying in Nova Scotia

Northern Pulp Nova Scotia Corporation announced this week that it has begun the wind-down of its mill operations in a safe and environmentally sound way in order to meet its Jan. 31 deadline imposed by the government.

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Universal Forest Products is now UFP Industries

Universal Forest Products, Inc. announced it has completed the reorganization of its operations and is now operating as UFP Industries, a change announced in August 2019.

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Sonoco completes acquisition

Sonoco announced it has completed the acquisition of Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ), a global manufacturer of thermoformed packaging serving healthcare, medical device and consumer markets, from ESCO Technologies, Inc. for $187 million in cash.

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Investor takeover could 'derail' sale of Jay mill, Verso board claims

If the private equity firms win the election next month, it will likely pave the way for a merger of Verso and Twin Rivers and derail the $400 million sale of Verso mills in Jay and Stevens Point, Wisconsin, to specialty paper company Pixelle Specialty Solutions, the board warned.

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Marcal paper mill reopening nearly a year after devastating fire

The mill is planning to reopen sometime in January, Rob Baron, a president and the chief executive officer of Marcal Paper said in a statement on Monday. He did not provide a specific opening date, but said a merger with Pennsylvania-based Nittany Paper made the reopening possible.

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$49 million box plant could create 88 jobs in Racine County, Wisconsin

ND Paper Inc. is already investing up to $189 million in a paper mill near Wisconsin Rapids, which is the state's largest economic development deal for 2019, according to the WEDC. But an affiliate of the company called Badger Solutions LLC may also make a large investment in southeast Wisconsin.

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Fire breaks out at Webster Parish IP facility in Lousiana

The International Paper facility in the Springhill-Cullen area is up and running again Tuesday, Dec. 24 after a small fire.

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Resolute to Acquire Conifex's Three U.S. Sawmills for Over $163 Million

The three sawmills, with combined production capacity of 550 million board feet, are located in Cross City (Florida), and Glenwood and El Dorado (Arkansas).

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Metsä Tissue has agreed to divest its napkin business to Mutares Group

The transaction is planned to be completed in the first quarter of 2020.

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Graphic Packaging contractor dies after forklift accident

A contractor has died following an industrial accident at Graphic Packaging in West Monroe on Wednesday, Dec. 18.

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Suzano Will Invest R$933.4 Million in Espírito Santo

Suzano announced investments of R$933.4 million in three projects in Espírito Santo state. The company's plans include the construction of a tissue paper conversion unit, retrofit work in the unit located in Aracruz, as well as expansion of Suzano's forest base in the state.

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Former Grand Rapids, Minn. NHL player dies after injury at paper mill

The former professional hockey player from Grand Rapids who was badly injured while on the job at UPM Blandin, a Grand Rapids paper mill, died Tuesday morning, Dec. 17.

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Crews battle kiln fire at WestRock facility

Summerville Fire and Rescue responded to a kiln fire at WestRock Packaging Solutions on Tuesday, Dec. 17.

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Fire at Weyerhaeuser facility

Columbia Falls firefighters responded fire at the Weyerhaeuser medium-density fiberboard (MDF) plant on line two at about 4 a.m. on Sunday, Dec. 15.

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Weyerhaeuser to sell Montana timberlands

Weyerhaeuser Company announced an agreement to sell its 630,000 acres of timberland in Montana to a private timberland investment company for $145 million in cash.

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Jim Pattison's $1-billion bid to take full control of Canfor fails

Canfor has terminated an arrangement agreement between the company and Jim Pattison's Great Pacific Capital Corporation.

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$240M investment will extend production life of New-Indy Containerboard mill

New-Indy Containerboard, a manufacturer and supplier of recycled containerboard for the corrugated box industry, plans to invest $240 million to establish operations at a recently-acquired pulp and paper mill facility in Catawba, South Carolina.

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Fortress Global Enterprises Announces Restructuring Proceedings Pursuant to the Comanies' Creditors Arrangement Act

Fortress Global Enterprises Inc. announces that its senior secured lenders have filed an application with the Superior Court of Québec to commence restructuring proceedings in respect of the Company and certain of its material subsidiaries under the Companies' Creditors Arrangement Act ("CCAA"). Deloitte Restructuring Inc. (the "Monitor") is proposed to be appointed as monitor. Details of the CCAA filing and related matters will soon be available on the Monitor's website.

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Atlas Holdings And Blue Wolf Capital File Definitive Proxy Materials In Connection With Verso's 2019 Annual Meeting And Send Letter To Stockholders

Atlas and Blue Wolf have also sent a letter to stockholders outlining their significant concerns regarding the business performance and governance of Verso and why they believe the election of their three highly-qualified nominees to the Board of Directors of Verso (the "Board") is necessary to ensure that the Company is run in the best interests of all stockholders.

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Ahlstrom-Munksjö completes the sale of glass fiber reinforcement business

Ahlstrom-Munksjö has completed the sale of its glass fiber reinforcement business in Mikkeli, Finland, to Vitrulan Composites Oy, a fully owned subsidiary of Vitrulan Group and part of the family-owned industrial holding ADCURAM Group.

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Verso Highlights a Highly Qualified, Diverse, Newly Refreshed Board

Verso Corporation announced that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission ("SEC") in connection the Company's upcoming 2019 Annual Meeting of Stockholders (the "Annual Meeting"), scheduled for January 31, 2020.

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Clearwater Paper Lewiston, Idaho mill and union reach tentative deal

Clearwater Paper and the United Steelworkers Local 712 have reached a tentative agreement that will next go to union members, who will vote to ratify or reject the contract early this month.

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Buyer of Weyerhaeuser's Montana lands identified

An attorney for Southern Pine Plantation said the timberland investment company is buying the land and has no plans to change Weyerhaeuser's long-standing practices related to public access, forest management, grazing, existing outfitting agreements and conservation easements.

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USW Members Approve Contract Covering 9,400 WestRock Workers

Members of the United Steelworkers (USW) union approved a new four-year master agreement with WestRock that sets standards for wages, benefits and working conditions for more than 9,400 union workers at 62 facilities across 26 U.S. states.

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Displaying 8526 - 8550 of 19123 articles

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