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Management Side
Displaying Articles 1 - 25 of 5285
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Sofidel Further Expands Its Production Capacity in the United States
Sofidel Further Expands Its Production Capacity in the United States

The location for the new investment, intended to be within one of Sofidel's existing facilities, has not yet been finalized. The company is currently engaging with various public authorities to finalize the project.

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Kimberly-Clark proposing $160 million distribution center next to Warren, Ohio facility
Kimberly-Clark proposing $160 million distribution center next to Warren, Ohio facility

The proposed regional distribution center, if approved by company officials, will break ground in the first quarter of 2026 and will create 65 additional full-time jobs.

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ProAmpac acquires International Paper's bag converting operations
ProAmpac acquires International Paper's bag converting operations

ProAmpac, a global leader in flexible packaging and material science, has acquired the bag converting operations of International Paper ("IP"), a global leader in sustainable packaging. The acquisition expands ProAmpac's converting capabilities, further advancing the company's Fiberization of Packaging® strategy and enhancing its ability to deliver customized bag solutions for the grocery, convenience store, and quick-service restaurant markets.

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Interfor raises Q4 lumber production cut to 250 million board feet from 145 million
Interfor raises Q4 lumber production cut to 250 million board feet from 145 million

Interfor Corporation plans to cut lumber production by approximately 250 million board feet in the fourth quarter of 2025, a 26% decrease from the 936 million board feet produced in the second quarter. The new figure increases the company's previously announced plan from which targeted a reduction of approximately 145 million board feet between September and December, representing a 12% decrease from normal operating levels.

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Ontario invests $16.8 million to support Kapuskasing Paper Mill and protect 2,500 jobs
Ontario invests $16.8 million to support Kapuskasing Paper Mill and protect 2,500 jobs

The Ontario government is allocating $16.8 million to sustain operations at the Kapuskasing Paper Mill, securing nearly 300 mill jobs and supporting 2,500 direct and indirect forestry positions across northeastern Ontario. The provincial investment follows discussions with Kap Paper and the federal government, which has committed an additional $12 million, according to the Ministry of Natural Resources.

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Georgia-Pacific set to close cellulose mill and innovation center in Memphis, lay off 150 employees
Georgia-Pacific set to close cellulose mill and innovation center in Memphis, lay off 150 employees

This decision impacts approximately 130 employees at the cellulose mill, and 22 employees at the Technology and Innovation Center. It is our expectation that most positions at the mill and technology center will be eliminated by early December.

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Metsä Board completes Euro 60 million upgrade at Simpele mill, raises fossil-free energy use to 98 percent
Metsä Board completes Euro 60 million upgrade at Simpele mill, raises fossil-free energy use to 98 percent

Metsä Board has finalized a Euro 60 million modernisation project at its Simpele folding boxboard mill, boosting fossil-free energy usage from 89% to 98% and launching a higher-performance version of its MetsäBoard Classic FBB product. The board machine is now fully operational and customer deliveries of the upgraded packaging board have begun.

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B.C. premier demands federal support for forestry workers amid new U.S. tariffs on lumber, some wood products
B.C. premier demands federal support for forestry workers amid new U.S. tariffs on lumber, some wood products

Trump imposes additional 10% tariff on lumber, 25% on wood products.

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Veritiv Acquires Packaging Solutions, Strengthening Reach in Southern California
Veritiv Acquires Packaging Solutions, Strengthening Reach in Southern California

Veritiv Operating Company, a leader in specialty packaging distribution, facility solutions and print products and solutions, announced that it has acquired Packaging Solutions which supplies custom packaging products and services throughout Southern California.

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Rayonier and PotlatchDeltic agree to merge in $8.2 billion all-stock deal to form second-largest U.S. timber REIT
Rayonier and PotlatchDeltic agree to merge in $8.2 billion all-stock deal to form second-largest U.S. timber REIT

The combined company will operate under a new name, to be announced prior to closing.

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Norske Skog to Cut Up to 200 Jobs in Efficiency Drive
Norske Skog to Cut Up to 200 Jobs in Efficiency Drive

Paper and packaging conglomerate Norske Skog is implementing efficiency measures that will result in the reduction of up to 200 full-time positions between 2025 and 2027. The workforce reduction will be carried out through natural attrition and a hiring freeze.

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Pixelle Specialty Solutions sells Chillicothe, Ohio mill to U.S. Paper Mill
Pixelle Specialty Solutions sells Chillicothe, Ohio mill to U.S. Paper Mill

Pixelle is putting all $5.5 million it made from the sale into an account for local unions and workers who lost their jobs. $1 million will be distributed right away, with the rest coming after certain conditions are met.

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Amcor Appoints Stephen R. Scherger as Executive Vice President and Chief Financial Officer
Amcor Appoints Stephen R. Scherger as Executive Vice President and Chief Financial Officer

Michael Casamento to return home to Australia to be closer to his family on a full-time basis; Will leave the Company as a result, remaining in an advisory role until June 30, 2026 to support transition.

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Nippon Dynawave attempting to appeal nixed $46 million federal grant for Longview project
Nippon Dynawave attempting to appeal nixed $46 million federal grant for Longview project

Nippon Dynawave Packaging says it is working to appeal a canceled U.S. Department of Energy grant worth more than $46 million to help the Longview plant switch to an emerging filtration technology to reduce the energy used in its production process.

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Death at Georgia-Pacific Dudley, N.C. facility believed to be accidental
Death at Georgia-Pacific Dudley, N.C. facility believed to be accidental

At this time, Wayne County officials say it appears to be accidental.

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Fire crews respond to flames outside J.D. Irving Sussex-area sawmill
Fire crews respond to flames outside J.D. Irving Sussex-area sawmill

Firefighters in Sussex were on the scene of a fire at the Irving sawmill on the edge of town on Wednesday afternoon, Oct. 8.

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New owner plans to take over former Pixelle Specialty Solutions Chillicothe, Ohio paper mill
New owner plans to take over former Pixelle Specialty Solutions Chillicothe, Ohio paper mill

U.S. Medical Glove has purchased the mill, according to the source. The company's website says it's a medical device production company.

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UPM Adhesive Materials expands its footprint in Southeast Asia with a new terminal in Northern Vietnam
UPM Adhesive Materials expands its footprint in Southeast Asia with a new terminal in Northern Vietnam

UPM Adhesive Materials, formerly known as UPM Raflatac, plans to open a new slitting and distribution terminal near Hanoi, Northern Vietnam, to support its growth in Southeast Asia. The new facility will ensure agile service for customers in the Northern Vietnam area.

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Cascades announces the sale of its Flexible Packaging plant activities to Five Star Holding for CAN$31 million
Cascades announces the sale of its Flexible Packaging plant activities to Five Star Holding for CAN$31 million

Cascades Inc. announces that it has reached an agreement to sell its Flexible Packaging plant activities to Five Star Holding ("Five Star") based in Houston, Texas. The $31 million transaction is effective immediately. Cascades' will retain ownership of the site real estate.

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Interfor extends Grand Forks division shutdown indefinitely
Interfor extends Grand Forks division shutdown indefinitely

Interfor is extending the temporary curtailment of its Grand Forks division indefinitely due to "ongoing weak market conditions."

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Sappi Europe announces closure of PM2 at its Kirkniemi Mill in Finland
Sappi Europe announces closure of PM2 at its Kirkniemi Mill in Finland

The closure will lead to a reduction of 93 positions.

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Pratt Industries expands York County, South Carolina operations with new manufacturing facility
Pratt Industries expands York County, South Carolina operations with new manufacturing facility

$92.5 million investment will create 116 new jobs.

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Spinnova completes transaction to buy Suzano's stake in Woodspin Oy and Suzano Finland Oy
Spinnova completes transaction to buy Suzano's stake in Woodspin Oy and Suzano Finland Oy

On 27 August 2025, Spinnova Plc announced that it had signed binding agreements to acquire all shares of Woodspin Oy and Suzano Finland Oy from Suzano S.A. and take full ownership of the businesses. The transaction was subject to certain customary closing conditions which have now been fulfilled. The transaction was completed on 3 October 2025.

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Mondi warns of weak demand as shares plunge in paper and packaging sector
Mondi warns of weak demand as shares plunge in paper and packaging sector

Demand for packaging has not become worse, nor has it become better, Mondi CEO Andrew King told analysts, adding that weakness in fine paper has persisted, with competitors fighting for share in a shrinking market.

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GreenFirst Encouraged by Progress Toward Near-Term Stability for Kap Paper and the Regional Forestry Sector
GreenFirst Encouraged by Progress Toward Near-Term Stability for Kap Paper and the Regional Forestry Sector

GreenFirst Forest Products Inc. welcomes encouraging signs of progress as the Government of Canada and the Province of Ontario work toward a path forward to support near-term stability for Kap Paper Inc. and the broader forestry sector in Northeastern Ontario.

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Displaying Articles 1 - 25 of 5285
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