The Multi-Wall Bag plants and the kraft mill had trailing twelve month revenue of approximately $437 million and under the terms of the agreement, the enterprise value is $105 million and the sale will be an all cash transaction.
The combination of Benson Group and Graphic Packaging's existing European businesses is expected to greatly enhance Graphic Packaging's folding carton business in Europe, with sales in excess of $700 million
The company announced an extended period of market-related outage on its remaining paper machine in January. The kraft pulp mill and another paper machine have been idled since November of 2012.
With this transaction, International Paper will now be in complete charge of partner Jari Cellulose’s former corrugated packaging assets, comprising of three containerboard mills and four box plants
International Forest Products Limited will ask shareholders at its May 6 Annual General Meeting to vote on a proposal to change the company name to Interfor Corporation from International Forest Products Limited
Donnelley officials say the addition of Esselte's portfolio will create a more competitive and efficient office products supplier capable of supplying enhanced offerings across the customer base
Total consideration paid by Interfor for Tolleson amounted to US$129.9 million in cash and retained liabilities plus 3.68 million of the Company's Class A Subordinate Voting Shares
This spring, the company will invest $198 million in a 24 month project to build a new chip screening and handling system as well as a new pulp digester
In 2013, the mill produced 465,000 tons on two paper machines and two pulp dryers that made various paper grades including containerboard, specialty kraft paper and pulp
