Recent Articles

Started up successfully in September 2018

Acquisition strengthens presence on the West Coast of the United States

Purchase consideration is EUR 324 million

Expects to complete the operational relocation in 2019

Expected to close in the first quarter of 2019

Expected to impact approximately 135 employees

New line is expected to be operational during the fourth quarter in 2019

$6 million in capital has been invested at the location just this year

Due primarily to log costs and current lumber market conditions

Machine was started up on schedule on September 23

Acquisition supports the growth strategy of the Klingele Group abroad

Start-up is scheduled for the first quarter of 2019

Expected to start up during November-December 2018

Planned to start during September 2019

Ceasing LVL operations by December 31, 2018

To be operational at the end of 2018

Expects to complete the acquisition by the end of 2018

Significant damage by hurricane Michael in October

Roughly CAD40m is slated for Q4 2018

Plant currently employs more than 130 full-time employees

Ladies and gentlemen, the first class of inductees to the Paper Industry International Hall of Fame in Appleton, Wisconsin was inducted more than two decades ago in 1995, and today, more than 130 papermaking innovators and legends have been enshrined. This month, we profile the late Edgar J. Justus, who was inducted into the Hall of Fame in 1997.

We designate November "Innovation and Strategy Month" here at Paperitalo Publications. You will see articles on these subjects throughout our work this month. I almost said "this subject" in the last sentence, for I believe they must be linked. Innovation without a properly vetted strategy is a disaster.

The PM40 closed Friday, 2 November 2018, at 3691.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

The PM40 closed 2 November 2018 down 7.2% from the 3 November 2017 level.

In this issue of Disconnected Comparisons, we evaluate International Paper and UPM Kymmene.