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Sonoco announced it has signed a definitive agreement to acquire Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ), a global manufacturer of thermoformed packaging serving healthcare, medical device and consumer markets, from ESCO Technologies, Inc. for approximately $187 million in cash.
The damage was done, according to deputies, in the process of stealing copper cable "that was insignificant next to the damages."
On 18 November, Södra's facility for cross-laminated timber (CLT) will increase to two shifts and four new employees will be taken on, thereby doubling the production capacity.
Tolko Industries says it will be shutting down operations across B.C. for two weeks over the holiday season due to low lumber prices and high log costs.
Domtar Kanloops, B.C. crews spent the better part of Thursday (Nov. 14) ensuring a hog pile fire was out.
Resolute Forest Products said Thursday it is "indefinitely idling" its Augusta newsprint mill effective immediately, leaving 160 employees without work.
If you are looking for goods and services in the pulp and paper industry, you need to check out the Paperitalo Directory!
Irving Tissue's newest $470 million tissue plant is officially open in Macon, Georgia and based on a new, additional $400 million investment, will soon double its capacity.
The multi-phase project will add 45,000 square feet and new technology to manufacture nonwovens components for K-C's Depend and Pull-UPs products.
Weyerhaeuser Company announced the completion of the sale of its Michigan timberlands to Lyme Great Lakes Holding LLC, an affiliate of The Lyme Timber Company LP, for approximately $300 million in cash.
SEK 50 million will be invested in a pilot facility in Umeå. Stora Enso, Sveaskog and Holmen are co-funding the project.
Pixelle Specialty Solutions has signed a definitive purchase agreement to acquire specialty paper mills in Jay ("Androscoggin"), ME and Stevens Point, WI from Verso Corporation. The transaction is anticipated to close in the first quarter of 2020.
The lawsuit, filed last week in the U.S. District court for the Southern District of New York, seeks to establish a class action case against Quad for anyone who bought shares between Feb. 21, 2018 and Oct. 29, 2019.
Deputies are investigating a deadly crash involving a log truck Friday morning.
Bulgaria has become the latest member to achieve PEFC endorsement of its national forest certification system. The PEFC General Assembly voted for the endorsement of the Bulgarian system in a postal ballot.
On Friday morning, Nov. 8, managers somberly gathered at the Tolko office in Kelowna to call 140 workers one by one to tell them the lumber mill will close forever Jan. 8.
The stoppages are expected to reduce production by 30,000 cubic metres.
The new facility currently adds more than 80 workers to the existing workforce, employing a total of 179 full-time employees.
The company said it will add 350,000 tons per year of OCC pulping capacity at its Wallula, Wash. mill, which currently produces predominantly virgin linerboard and medium, materials used in containerboard production.
SIG has reached agreement to acquire Visy Cartons Pty Ltd from VisyPak Operations Pty Ltd, a subsidiary of Pratt Consolidated Holdings Pty Ltd, for AU$70m (US$48.2m), subject to customary conditions being met.
Quad/Graphics, Inc. announced that it is a founding member of Forests in Focus, a sustainability initiative from GreenBlue, an environmental nonprofit dedicated to the sustainable use of materials in society, and the American Forest Foundation (AFF), a conservation organization that works with family landowners in the United States.
It's unclear how many jobs will be restored when Niagara Worldwide takes over.
The newly formed Willamette Falls Paper Co. quietly restarted two months ago and is now trying out new classes of paper made from pulp and agricultural waste instead of wood.
The reduction of personnel is 179 (159 permanent and 20 temporary contracts not prolonged).
The cause of the fire has yet to be determined.
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