Leading Stories

Recruitment of new directors for both companies and new Rayonier CEO nearing completion; CFO transition announced

The extension comes as a result of continued discussions with each of the Canadian Competition Bureau and the Antitrust Division of the U.S. Department of Justice

Production at mill will end on June 30, 2014

Expansion plans are expected to be completed this month

Company is buying Brown for $100 million

Non-Executive Chairman Thomas J. Howatt will retire from board; Michael C. Burandt Appointed Interim CEO and will become chairman

Hood Packaging Corp. is the buyer

PCA will convert the No. 3 newsprint machine at DeRidder to containerboard, producing lightweight linerboard and medium, and exit the newsprint business

The company already employs 280 workers at the adjacent box factory – the world’s largest – and the mill will add more than 100 new jobs

Mill had been shut down since September 2012

Stora Enso plans to reorganize its Renewable Packaging Division, comprising Consumer Board, Packaging Solutions and Packaging Asia, into three separate businesses reporting to the CEO

Thurso mill took 10 weeks of market downtime

Transaction expected to close at the end of March

Upgrade in works at Wallula, Washington mill

Program will cover three main areas

Rayonier Inc. announced this week it intends to separate its Performance Fibers business from its Forest Resources and Real Estate businesses

Conversion project at mill in New York

Reduction of 250 positions globally by end of 2015

Norampac operations were integrated starting this month

APP celebrates one year of its Forest Conservation Policy, sets out challenges to be tackled

Hood Packaging Corp. is the buyer

Long Island, New York facility closes immediately

New press section installed