Recent Articles

LP Building Solutions (LP) announced the appointment of LP Chair and CEO Brad Southern to the Federal Reserve Bank of Atlanta's Board of Directors for its Nashville Branch.

This new role augments Graphic Packaging's outreach capability with an aim to expand and diversify the company's investor network globally.

Nunziata serves as Interim Chief Executive Officer and Chief Financial Officer of the Company and also serves as the Company's principal accounting officer.

PaperWorks, based in the Philadelphia suburb of Fort Washington, filed paperwork Thursday with the N.C. Department of Commerce that stated it was permanently closing the Montgomery County facility for "financial reasons" but was not more specific. None of the employees who work there are part of a union.

J.D. Irving's Grand Lake Timber in New Brunswick is celebrating the commission of a new biomass boiler which will significantly reduce fossil fuel consumption and contribute to a sustainable future. The project marks a step towards an eco-friendlier lumber drying process and will allow the mill to substantially reduce its carbon footprint.

West Fraser Timber Co. Ltd. announced that it will close its sawmill in Maxville, Florida and indefinitely curtail operations at its sawmill in Huttig, Arkansas by the end of this month.

Atlas Holdings has entered into a definitive agreement to sell RedBuilt, LLC to Hampton Lumber Mills, Inc. The transaction is anticipated to close in the Q1 2024, subject to customary closing conditions. Terms were not disclosed.

Hood Container Corporation announced that it has acquired the corrugated packaging business of Sumter, SC based Sumter Packaging Corporation. This includes all of Sumter's design, manufacturing, assembly and fulfillment operations in Sumter, SC as well as the business manufactured and serviced from the Statesville, NC facility.

The property is adjacent to Kimberly-Clark's Beech Island facility, which began production in 1968, three years after the company revealed its plan to purchase an industrial site in Aiken.

Metsä Group plans to discontinue the sawn timber production in Merikarvia, Finland. The production would end by summer 2024. The change negotiations at the Merikarvia sawmill concern all the sawmill's 79 employees.

Several fire departments responded to a two-alarm fire at Soundview Paper in Putney on Saturday, Jan. 6, 2024.

A small fire occurred at a paper mill in Kalamazoo and was quickly extinguished, the company said.

At 2:30 p.m. Wednesday, Dec. 3, employees at ST Paper's Duluth plant were informed of a likely pending sale of the facility to Sofidel, a privately-held Italian multinational company that ranks as the world's seventh-largest manufacturer of tissue paper.

Four hundred workers are affected by the production shutdown which takes effect immediately.

A call around 12:30 p.m. Tuesday, Jan. 2, of a fire at the Georgia Pacific MDF plant in Mount Jewett brought volunteer fire departments from three counties in response.

UPM Steyrermühl was founded in 1868 and produced newsprint paper until the end of Q2 2023. Production capacity during the last years was 320,000 tonnes annually. The site also includes a sawmill with an annual timber capacity of 370,000 cubic meters.

MM Kwidzyn has completed the consultation process with trade unions and works councils. The company has taken the decision on the closure of the packaging kraft paper machine (PM3).

The Western Reserve Port Authority approved the sale of former steel mill property in the Warren and Howland area to the Kimberly-Clark Corporation, which plans to build something there.

Tord Steinset Torvund (33) is employed as Chief Financial Officer (CFO) in Norske Skog ASA from 1 March 2024, because the current CFO, Rune Sollie (57), having announced that he wishes to resign.

Lecta Ltd announces that Dr. Dermot F Smurfit has decided to retire from his role as Chairman of the Board and that he will be succeeded by Javier Abad Marturet.

How's the paper industry?

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 150 papermaking innovators and legends have been enshrined. This month, we profile the late Joseph Plank, who was inducted into the Hall of Fame in 2002.

The PM40 closed Friday, 12 January 2024, at 5358.

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 12 January 2024 down 0.3% from the 13 January 2023 level.

In this issue of Disconnected Comparisons, we evaluate Clearwater Paper and Ennis, Inc.