Friday, September 9, 2016 4:00 pm

NORTHBROOK, Illinois -- KapStone announced that it is building a new state-of-the-art sheet plant in Ontario, California.

The new plant is expected to be manufacturing boxes by January 2017 and is intended primarily to supply the company's Victory Packaging operations in Southern California, as well as other KapStone customers.

This venture, as well as another minority investment in a sheet feeder, are expected to increase KapStone's vertical integration by over 60,000 tons per year and will ramp up to that level over eighteen months.