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Canfor to Reduce Production at Southern US Operations (relevance: 33.3%, date: Sep 17, 2024)
Canfor will indefinitely curtail one shift at its Darlington facility in South Carolina, and reduce operating hours at its Estill, South Carolina and Moultrie, Georgia locations.

Canadian rail workers end stoppage as labor board enforces government order (relevance: 33.3%, date: Sep 3, 2024)
Nearly 10,000 Canadian rail workers will end their work stoppage after the Canada Industrial Relations Board sided with a federal order to resume operations at Canadian Pacific Kansas City and Canadian National Railway. The board also imposed binding arbitration to reach new collective agreements between the rail companies and the Teamsters Canada Rail Conference, the union representing the workers.

Greif Reports Fiscal Third Quarter 2024 Results (relevance: 33.3%, date: Sep 3, 2024)
Net income decreased 3.5% to $87.1 million or $1.50 per diluted Class A share compared to net income of $90.3 million or $1.55 per diluted Class A share.

Interfor Announces Indefinite Curtailment of Lumber Manufacturing Facilities in Georgia and South Carolina (relevance: 33.3%, date: Sep 3, 2024)
Interfor announced that it will indefinitely curtail operations at its sawmills in Meldrim, Georgia and Summerville, South Carolina. These curtailments are in response to persistently weak lumber market conditions.

Louisiana-Pacific Swings To Profit In Q2, Beats Estimates (relevance: 33.3%, date: Aug 20, 2024)
The quarterly earnings were $160 million or $2.23 per share, while the company reported loss of $20 million a year ago. On an adjusted basis, earnings were $2.09 per share.

Graphic Packaging Holding Company's second quarter net sales down 6 percent (relevance: 33.3%, date: Aug 6, 2024)
Graphic Packaging Holding Company's net income was $190 million, or $0.62 per share, based upon 306.9 million weighted average diluted shares.

Lindenmeyr Munroe expands distribution operations into Georgia market (relevance: 33.3%, date: Aug 6, 2024)
The new Atlanta facility will begin operations in early September 2024.

Clearwater Paper Enters into Definitive Agreement to Sell Tissue Business to Sofidel America Corporation for $1.06 Billion (relevance: 33.3%, date: Aug 6, 2024)
Clearwater Paper Corporation, a premier supplier of quality consumer tissue and bleached paperboard, today announced that it has entered into a definitive agreement to sell its tissue business to Sofidel America Corporation, a subsidiary of Sofidel S.p.A., a leading manufacturer of paper for hygienic and domestic use, for $1.06 billion, subject to adjustments for debt, cash, transaction expenses and net working capital.

Louisiana Pacific plant in Dawson, B.C. faces hefty fine from WorkSafeBC (relevance: 33.3%, date: Aug 6, 2024)
WorkSafeBC has fined Louisiana Pacific Canada Ltd. Dawson Creek OSB Division $316,061.

Asia Paper Shiwa starts up Bellmer's TurboJetter headbox at its paper mill in Korea (relevance: 33.3%, date: Aug 6, 2024)
Bellmer TurboJetter headbox has been successfully started up at Asia Paper Shiwa PM1 in Korea. The TurboJetter hydraulic headbox with its lamellas ensures top quality in paper and board production. The TurboJetter transforms fibers, fines and water into an excellent formation on the wire section of any paper machine.

Valmet to supply a Belt Roll Doctor upgrade and On-site service to Asia Paper in Korea (relevance: 33.3%, date: Aug 6, 2024)
The start-up is scheduled for the second quarter 2025.

Hood Container Corporation Announces Agreement to Purchase Louisville, KY based Independent II, LLC (relevance: 33.3%, date: Jul 16, 2024)
Agreement emphasizes Hood Container Corporation's continued focus on corrugated packaging operations and includes all Independent II's corrugated, design, and manufacturing operations in Louisville, Kentucky.

International Paper faces state fines for wastewater released into Savannah River (relevance: 33.3%, date: Jul 16, 2024)
International Paper Company faces nearly $28,000 in state fines for discharging wastewater with unacceptable levels of potential fecal material from its Port Wentworth mill into the Savannah River over a six-month period in 2023, according to an order made public by Georgia environmental officials Monday.

Valmet to supply operator training simulator to Graphic Packaging International in Waco, Texas, United States (relevance: 33.3%, date: Jul 16, 2024)
Valmet has signed an agreement with Graphic Packaging International (GPI) to provide an operator training program that includes a site-specific Valmet Training Simulator for the Waco, Texas facility in the United States.

DS Smith Iberia Installs a New Single-pass Digital Printer with Water-based Inks (relevance: 33.3%, date: Jul 2, 2024)
State-of-the-art technology increases the production speed of sustainable fiber-based packaging solutions.

Workers say they were exposed to carcinogen at WestRock plant this month in Longview (relevance: 33.3%, date: Jul 2, 2024)
Two workers when to the emergency room over suspected exposure to hexavalent chromium.

Kruger increases salary at Trois-Rivières plant in Quebec, Canada, signs 4-year agreement with Unifor (relevance: 33.3%, date: Jul 2, 2024)
Unifor announces the conclusion of a historic agreement in principle between the employees at the Kruger facility in Trois-Rivières and the company's management, putting an end to the strike that began on May 30, 2024.

Fire at Graphic Packaging Macon, Georgia paper mill caused by tractor malfunction, fire officials say (relevance: 33.3%, date: Jul 2, 2024)
A fire broke out at a South Macon paper mill Tuesday evening, June 25, after a tractor malfunctioned and caught on fire, according to Macon-Bibb County Fire Department's lead fire investigator Capt. Kyle Murray.

Valmet to supply both a papermaking line and a paper machine rebuild to a customer in Asia-Pacific (relevance: 33.3%, date: Jul 2, 2024)
Both will produce uncoated woodfree grades, and the start-ups are scheduled for 2026.

Suzano eyes debt financing for potential International Paper deal - Jefferies (relevance: 33.3%, date: Jun 18, 2024)
Analysts from Jefferies are predicting a potential cash offer for IP in the range of $54-57 per share, a figure that aligns with previous investor expectations. However, IP's board may value the company significantly higher.

First Quality investing $418 million to expand facilities, bring 600 jobs to Macon, Georgia (relevance: 33.3%, date: Jun 4, 2024)
Gov. Brian Kemp announced a company that makes baby diapers and other items will be investing $418 million to expand its footprint in Bibb County and create 600 new jobs.

Disconnected Comparisons (relevance: 33.3%, date: Jun 4, 2024)
In this issue of Disconnected Comparisons, we evaluate Louisiana Pacific and Kimberly-Clark.

Rayonier's Fire Crews Unite To Battle Historic Wildfires in the Southwest U.S. (relevance: 33.3%, date: May 21, 2024)
In the face of an unprecedented historic wildfire season, Rayonier's fire crews united across state lines to fight wildfires in the Southwest U.S.

Weyerhaeuser, Firefighter Behavioral Health Alliance Partner for Third Year to Provide Mental Health Resources for Wildland Firefighters (relevance: 33.3%, date: May 21, 2024)
Fighting Fires Together campaign raises awareness and helps address mental health challenges of wildland firefighting.

Clearwater Paper completes Augusta paperboard mill acquisition (relevance: 33.3%, date: May 21, 2024)
Clearwater Paper Corporation announced the successful completion of its strategic acquisition of the Augusta, Georgia bleached paperboard manufacturing facility from Graphic Packaging International, LLC. Terms of the acquisition were first announced on February 20, 2024.