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Showing 4 articles from January 23, 2017.

Industry News

Fortress Paper announces $40 million credit agreement
Fortress Paper announces $40 million credit agreement

The Company intends to use the proceeds of the IAM Loan to repay convertible debentures issued by Fortress Paper and for general corporate purposes.

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IFCO Bareroot to acquire four Weyerhaeuser nursery operations
IFCO Bareroot to acquire four Weyerhaeuser nursery operations

IFCO Bareroot, LLC, a sister company to International Forest Company (IFCO), has reached an agreement with Weyerhaeuser Company to purchase four forest seedling nurseries as well as the Flint River Seed Orchard.

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Leading Stories

Explosion at IP facility
Explosion at IP facility

In breaking news overnight, an explosion rocked the International Paper facility in Cantonment Sunday night, 22 Jan 2017, but fortunately, there were no injuries.

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WestRock Enters Into Definitive Agreement to Divest Home, Health and Beauty Business for $1.025 Billion
WestRock Enters Into Definitive Agreement to Divest Home, Health and Beauty Business for $1.025 Billion

WestRock Company announced Monday, 23 Jan 2017, that it has entered into a definitive purchase agreement with Silgan Holdings Inc. under which Silgan will purchase WestRock's Home, Health and Beauty business for $1.025 billion in cash plus the assumption of approximately $25 million in foreign pension liability.

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