Atlantic Packaging, one of North Carolina's largest privately held companies, headquartered in Wilmington, announced today that management is awarding $1,000 bonuses immediately to full-time employees.
Essity has been recognized as one of the world's 100 most sustainable companies by Corporate Knights. The recognition was presented in connection with World Economic Forum in Davos, Switzerland.
Universal Forest Products, Inc. announced that it closed on the sale and lease-back of its property in Medley, Fla., a 35-acre site that includes one of its large operations, as part of a long-term plan to enhance its operations in the region.
Asia Pacific Rayon, an affiliate of pulp and paper giant Asia Pacific Resources International Holding, expects to complete construction of Indonesia's largest integrated rayon facility in August, with its output expected to support the country's textile industry.
Forest Products Association of Canada (FPAC) expressed its support for the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.
Kimberly-Clark Corp said on Tuesday it expects to eliminate 5,000-5,500 jobs, or 12-13 percent of its workforce, as part of its global restructuring program.
The U.S. Supreme Court agreed hear a bid by timber company Weyerhaeuser Co seeking to limit the federal government's power to designate private land as protected habitat for endangered species in a case involving a warty amphibian called the dusky gopher frog.
