Major Announcements

Truvant, a global provider of high-quality packaging services solutions, recently signed a lease and has begun interior construction of a world-class 355,517 square foot building in Hazlet, TX, within the Dallas/Fort Worth metro area. The latest expansion supports Truvant's continued growth and will increase its global network of packaging services facilities, allowing it to better serve its customers in North America. The facility is expected to open in early 2022.

Global Win Capital Corporation (GWCC) ultimately owned by Shanying International, announced the appointment of Michael Grimm as its new president and chief executive officer. Grimm assumes day-to-day leadership of the North American business unit and underlying investment in North America which includes Phoenix Paper Wickliffe LLC. Mr. Grimm brings more than 30 years of relevant manufacturing experience to his new role.

Paper Excellence has allocated $550 million in capital investments to refurbish and upgrade the facility.

Ahlstrom-Munksjö announced it plans to temporarily idle No. 8 paper machine in December 2021 at its Rhinelander mill. It will also idle its No. 20 supercalender and No. 21 rewinder in July 2022.

Roger Stone, who built his family's paper firm into a $6 billion industry leader through leveraged acquisitions that ultimately forced its sale, died Sept. 12 at his Lake Forest home, according to his daughter, Karen Stone Kaplan. He was 86 and had been in failing health.

Saica Group, a leading manufacturer of recycled paper for corrugated board, recently announced it will be investing $800 million in the U.S. market, growing through strategic acquisitions or new plant construction during the next five years. This growth follows last year's announcement of Saica's first U.S. corrugated plant in Hamilton, Ohio, scheduled to open in early 2022.

Lecta announces a change to its senior leadership team. Eduardo Querol, Group's CEO, will step down from that role and will become Vice Chairman of the Group and Special Advisor to the Chairman.

Kimberly-Clark Corporation has announced a series of executive leadership changes in support of its global business.

In this newly created, standalone role, Mr. Owenby will be responsible for all Pactiv Evergreen operating functions globally, assuming the operations leadership responsibilities that Mike Ragen, Pactiv Evergreen's Chief Financial Officer (CFO), accepted in 2018.

Amcor plans to invest over $10 million in MSU's School of Packaging - the largest investment in the history of the university's College of Agriculture and Natural Resources (CANR), under which the School of Packaging sits.

Interfor Corp. will reopen an idled sawmill in southwestern Louisiana, creating 170 jobs at the facility.

Metsä Group's innovation company Metsä Spring Ltd has made an equity investment in Innomost Ltd, a startup converting forest industry side streams into high-value bioactive products.

John Begley, who has been the CEO of Columbia Pulp LLC throughout the local private company's eight-year existence here, announced his retirement effective Sept. 3.

International Paper subsidiary Sylvamo has chosen an East Memphis headquarters after being awarded a jobs Payment-In-Lieu-Of-Taxes inventive by the Economic Development Growth Engine for Memphis and Shelby County.

CompanyBox, the Charlotte-based corrugated packaging company, reported a significant expansion in capacity and nationwide corrugated digital print solutions with the multi-million dollar investment in a second HP C500 press. The purchase adds to its robust suite of digital equipment and further strengthens capabilities for all sizes of business.

Roseburg Forest Products will expand its operations in the southeastern United States with the construction of a high-capacity lumber mill in the town of Weldon, N.C. Gov. Roy Cooper announced the project at a joint news conference with officials representing Roseburg, the state of North Carolina, Halifax County and the Town of Weldon.

Truvant, a global provider of high quality, scalable packaging and display solutions, recently opened a new facility in Indianapolis, Indiana. The latest expansion supports the growing Truvant company portfolio and increases its operational footprint to 15 facilities around the world.

After a period of time to ramp up production, the machine is expected to resume full operation in January 2022, allowing Domtar to add 185,000 tons of uncoated freesheet capacity to its manufacturing network.

Green Bay Packaging ceremonially cut the ribbon on its new $500 million mill Thursday, June 17.

Greif, Inc., a global leader in industrial packaging products and services, announced today that Pete Watson will retire as Greif's President and Chief Executive Officer effective February 1, 2022. This announcement concludes a thoughtful and comprehensive, multi-year succession planning process. The Board of Directors has elected Ole Rosgaard to succeed Mr. Watson as President and Chief Executive Officer effective February 1, 2022. Mr. Rosgaard will serve as Chief Operating Officer of the Company until that time.

In 2021, Mercer Celgar is embarking on a capital investment project to upgrade our existing woodroom. This project has a total cost of $31.4 million, of which $4.5 million is funded through Natural Resources Canada's Investments in Forest Industry Transformation (IFIT) program.

The bill passed 63-35 in the Assembly and 20-12 in the Senate. It would allow the Wisconsin Economic Development Corporation to provide a timber cooperative, which is made up of people throughout the timber industry in the state, a $50 million loan to purchase the Verso Mill in Wisconsin Rapids and a $15 million loan to purchase the Flambeau River Papers Mill in Park Falls.

American Eagle Paper Mills announced today Allan Bobb, Machine Room Superintendent, and Colin Symons, Furnish Prep Manager, have become the first employees invited to the ownership team since the Mill reopened in 2003.

Verso Corporation announced that Brian D. Cullen will become its Senior Vice President and Chief Financial Officer effective June 16, 2021.

Clearwater Paper announced it's closing the Neenah mill that employs almost 300 people as the company takes a new direction.