Stora Enso Oyj announced that in accordance with the proposal by the Shareholders' Nomination Board, the AGM resolved to elect Jouko Karvinen as a new member of the Board of Directors until the end of the following AGM and Håkan Buskhe as Chair of the Board of Directors and Jouko Karvinen as Vice Chair of the Board of Directors.
Conifex Timber Inc. reported EBITDA from continuing operations of negative $27.5 million for the year ended December 31, 2025, compared to negative $13.6 million in the previous year, due to elevated duty deposit rates, the imposition of a new tariff, and reduced operating rates.
Pregis®, a global supplier of protective packaging, mailing and bagging solutions and flexible packaging, announces the launch of the Pregis Sharp™ Lynx 18 automated bagger. The small-format, all-electric system increases outbound packing speed in space-constrained operations and runs both paper and poly mailers up to 18" wide.
The agreement is intended to develop working methods that improve conditions for reindeer husbandry while ensuring that forestry is conducted in a long-term and responsible manner.
Teamsters at Smurfit Westrock in Wakefield, Mass., launched an unfair labor practice (ULP) strike after the company failed to negotiate a new agreement in a timely manner. The 60 members of Teamsters Local 3 are demanding fair wages, affordable health care, and no cuts to retirement contributions. The current contract expired March 23.
Authorities said he defrauded investors of more than $9 million, including more than $1 million from the Wisconsin Economic Development Corporation, after promoting plans for a business called Green Box, which he said would turn solid waste into energy.
According to River Development Equities, it plans to revitalize the paper mill and several surrounding properties, including the former Liberty Steel Mill, into a mixed-use space. It would have hospitality, residential, industrial, and commercial uses.
