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Workers were moving a large transformer when it tipped over, partially catching one employee.
Parliamentary Secretary Marc G. Serré, on behalf of the Honourable Seamus O'Regan Jr., Minister of Natural Resources, announced a $40,000 investment to Kruger Products, Canada's leading tissue products manufacturer, to improve energy efficiency and reduce energy costs and greenhouse gas (GHG) emissions at its Crabtree plant in Quebec.
Huhtamaki has entered into an agreement to acquire Elif Holding A.Ş. (Elif), a major supplier of sustainable flexible packaging to global FMCG brand owners, with operations in Turkey and in Egypt.
Western Forest Products Inc. has completed the sale of certain properties, including the Somass sawmill site, to the City of Port Alberni for $5.3 million.
The expansion comes as a result of an increase in global shipping and logistics needs and will include an addition of more than100,000 square feet to Pratt's existing facility. Upgrades will include new machinery, new scrap recycling system, waste water system and additional warehouse space.
CatchMark Timber Trust, Inc. announced that it had completed the sale of 18,063 acres of prime Oregon timberlands - known as the Bandon property - for $100 million in cash, or approximately $5,536 per acre, to Roseburg Resources Co. The property had been purchased in August 2018 for $88.8 million or $4,916 per acre.
Interfor Corp. said Aug. 11 it will spend $30 million to expand its sawmill in Summerville, just months acquiring the facility from WestRock Co.
Canfor opened its Houston mill August 9, following a two-week shutdown caused by rail system bottlenecks and other problems in southern B.C. owing to wildfire outbreaks there.
John Begley, who has been the CEO of Columbia Pulp LLC throughout the local private company's eight-year existence here, announced his retirement effective Sept. 3.
Metsä Group's innovation company Metsä Spring Ltd has made an equity investment in Innomost Ltd, a startup converting forest industry side streams into high-value bioactive products. The financing round totals approximately Euro 5 million, consisting of private investments and public financing from Business Finland and ELY Centre for Central Finland. Metsä Spring is participating in the round with Innovestor Technology Fund and other private investors.
Klabin started construction on its new terminal on the quay of the Port of Paranaguá in Brazil. In this phase, the project is expected to create 180 new jobs. Once the terminal starts commercial operations, it will require around 170 direct and indirect employees.
Saica Pack successfully manufactured more than 1 million square meters worth of corrugated cardboard at its Thrapston facility near Northampton, the UK.
At Verso's second quarter earnings conference call Friday morning, Randy Nebel, Verso's president and CEO, said the special committee is made up of two non-executive parties and "disinterested parties" and retained independent advisors to evaluate the proposal from Atlas Holdings LLC and any other options Verso might have. The committee will then make a recommendation to the Verso board.
The name Sylvamo speaks to the company's connection to trees and highlights its role as a steward of sustainable forests. Sylvamo combines the Latin words for forest, "silva," and love, "amo." Company leaders translate this unique combination as "love of forests."
Gov. John Bel Edwards and Interfor on Friday announced the company's plans to spend up to $8 million to revive the old Georgia-Pacific sawmill near DeQuincy.
Klabin has announced investments of R$ 40 million ($8 million) in the technology employed to apply dispersible barrier in the paperboard used to produce diverse types of packaging present in everyday life.
The Kwidzyn business has approximately 2,300 employees with an annual capacity to produce 740,000 metric tons of folding boxboard, uncoated freesheet, specialty kraft papers, and market pulp on four machines.
Verso says its requirements were over when the mill was sold and the new owner started making electricity payments.
Charles Swanson, an architect for the project, said the facility would be one of the two largest facilities of its kind in North America. Atlantic Packaging is building a similar facility in Canada.
"A PCA employee died at the Counce Mill in Counce, Tennessee as a result of a clamp truck accident. Our condolences and prayers are with his family and others in his life."
The expansion comes as a result of an increase in global shipping and logistics needs and will include an addition of more than100,000 square feet to Pratt's existing facility. Upgrades will include new machinery, new scrap recycling system, waste water system and additional warehouse space.
The Mayr-Melnhof Group ("MM") announces the closing of the divestment of its virgin fiber-based cartonboard mills located in Eerbeek, Netherlands, and Baiersbronn, Germany, to a subsidiary of funds managed by Oaktree Capital Management, L.P. The divestment is in line with MM's strategy to focus on new acquisitions and growth capex.
MM strengthens its position in virgin-fiber based cartonboard and innovative barrier cartonboard solutions for plastic replacement.
Platinum Equity announced that it has completed the acquisition of McGraw Hill, a global leader in educational content and digital platforms, for a purchase price of approximately $4.5 billion.
Interfor is expecting production disruptions at its British Columbia Interior, Canada, sawmills during the 3Q 2021 due to the ongoing impacts of wildfires and other factors on log supply.
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