International Paper on 30 Oct. 2019 announced that it has completed the sale of its controlling interest (21,873,521 shares) in International Paper APPM Limited, an India-based printing paper business, to West Coast Paper Mills Limited for approximately $85 million.
Roseburg Forest Products held a ribbon-cutting ceremony Monday (Oct. 28, 2019) to celebrate the grand opening of its newly constructed Chester, S.C., engineered wood plant, the company reported.
A roughly 350,300-square-foot warehouse and distribution facility in Mount Pleasant, Wisc. has been acquired by ND Paper, an Illinois-based paper and paper products maker, according to county records.
Klabin SA will invest 3.8 billion reais ($950 million) in its 'Puma 2' containerboard expansion project next year, and will end 2019 with lower stocks of cellulose than it did last year, executives said on Tuesday.
Cascades Inc. announces that it will permanently close tissue converting operations at its Waterford, New York and Kingman, Arizona plants, effective March 27, 2020.
In a letter, GP says it offered all 55 employees positions at other locations in the area. Twenty-seven people accepted jobs; the remaining 28 chose not to.
The book business, acquired in 2010 as part of the World Color transaction, generates around $200 million in sales annually. It has facilities in Versailles, Kentucky, Fairfield, Pennsylvania and Martinsburg, West Virginia with around 1,350 full- and part-time employees.
