|
|
Avery Dennison Corporation announced it completed the acquisition of Vestcom for the purchase price of $1.45 billion, subject to customary adjustments.
Pactiv Evergreen Inc. announced that Douglas "Doug" Owenby will join Pactiv Evergreen as Chief Operations Officer, effective September 13.
A total of 340 people will be permanently laid off.
New technology river waste collector now operational on the Mithi River in Mumbai, India.
Roseburg announced plans for a multi-million dollar investment in new technology at its Western manufacturing operations, the result of an extensive analysis of strategic business opportunities in the West. As part of the restructuring, the company will close its particleboard plant in Dillard, Oregon, and offer current team members employment opportunities elsewhere in the organization.
Rayonier Advanced Materials Inc. announced that it has completed its previously announced sale of its lumber and newsprint assets (the "Purchased Assets") to GreenFirst Forest Products Inc. ("GreenFirst"), a Canadian lumber company, for a total purchase price of approximately US$235 million, subject to final adjustments.
Yum! Brands announced that Kimberly-Clark veteran Aaron Powell will take over as Pizza Hut's CEO effective September 20.
The company confirmed an upcoming $17 million investment in the sawmill, a significant increase from what it initially committed to the project.
Firefighters and mill staff prevented the flames from spreading to nearby wood piles.
Smurfit Kappa announced it is investing $22 million to expand its corrugated plant in Culiacan, North-West Mexico. It demonstrates the company's continued commitment to the Mexican market with expanded capacity, capabilities and products offerings for local customers in the fresh produce segment.
Grants awarded will bolster efforts to conserve more than 415,000 acres of longleaf pine habitat and help recover populations of at-risk wildlife across nine southern states.
As a result, Canfor's BC mills are expected to operate at approximately 80% of production capacity and operating schedules may continue to vary as economic conditions warrant.
The CMA is considering if the combination of the two packaging companies will be "expected to result in a substantial lessening of competition within any market or markets in the United Kingdom."
Rengo announced that it was resolved at its Board of Directors' meeting that it will take over all shares for subscription of Taiko Paper Mfg., Ltd. (TPM) through third-party allocation on September 1, 2021 and make it a wholly owned subsidiary.
Herbal Essences and international recycling leader, TerraCycle, announce the latest impact of their longtime national recycling program: The installment of 20 benches made from recycled hair care packaging, in three nature preserves maintained by The Nature Conservancy (TNC) and the planting of over 60,000 trees throughout the United States.
Through a new partnership with Swedish company Trioworld, Södra's timber packaging will now contain 30 percent recycled plastic, which will reduce annual emissions from the packaging by around 23 percent.
Conifex Timber Inc. announced that it has made the difficult decision to temporarily curtail lumber production at its Mackenzie, British Columbia sawmill for two weeks commencing August 23, 2021.
The agreement enables pharmaceutical freight forwarders access to Pegasus ULD® containers directly from Korean Air. Korean Air and mutual clients will also have access to other Sonoco ThermoSafe containers as part of this agreement.
Emergency crews responded Wednesday morning, August 18, to Evergreen Packaging, also known as the Canton Paper Mill, in Canton after reports of an explosion.
The complaints over large releases of hydrogen sulfide, a gas that smells like rotten eggs and causes headaches and even death in concentrated doses, from the New-Indy paper mill in Catawba, South Carolina, have resulted in federal and state orders to reduce its emissions. Three federal civil lawsuits have been filed against the company, alleging the odor is harming families.
Since spring, UPM has sought to enter into business-specific collective bargaining with the Paperworkers' Union in the same way as UPM Timber and UPM Plywood businesses are negotiating with their employee representatives and the Finnish Industrial Union since May.
Martco L.L.C. (RoyOMartin) announced that its Texas subsidiary, Corrigan OSB, L.L.C., will construct a second oriented strand board (OSB) manufacturing facility near its current, state-of-the-art OSB plant located in Corrigan, Texas.
Amcor plans to build two new state-of-the-art innovation centers. The new facilities in Ghent, Belgium, and Jiangyin, China, will welcome customers as of mid-2022, with full build-out over the next two years. The total investment is expected to be approximately $35 million.
The council as a committee of the whole voted 9-0 to approve $500,000 in permit and building fee waivers to entice Atlantic Packaging to choose Elgin over a competing location in Wisconsin. The company makes corrugated boards and boxes from recycled paper.
Group says public needs to hear proposal to open shuttered mill with 'an open mind'.
|
|
|
|
