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Atlas Holdings has entered into a definitive agreement to sell RedBuilt, LLC to Hampton Lumber Mills, Inc. The transaction is anticipated to close in the Q1 2024, subject to customary closing conditions. Terms were not disclosed.
Hood Container Corporation announced that it has acquired the corrugated packaging business of Sumter, SC based Sumter Packaging Corporation. This includes all of Sumter's design, manufacturing, assembly and fulfillment operations in Sumter, SC as well as the business manufactured and serviced from the Statesville, NC facility.
The property is adjacent to Kimberly-Clark's Beech Island facility, which began production in 1968, three years after the company revealed its plan to purchase an industrial site in Aiken.
Metsä Group plans to discontinue the sawn timber production in Merikarvia, Finland. The production would end by summer 2024. The change negotiations at the Merikarvia sawmill concern all the sawmill's 79 employees.
Several fire departments responded to a two-alarm fire at Soundview Paper in Putney on Saturday, Jan. 6, 2024.
A small fire occurred at a paper mill in Kalamazoo and was quickly extinguished, the company said.
A sheen that was discovered in the Spokane River last week was caused by an equipment failure at the Inland Empire Paper Company, the Department of Ecology says.
At 2:30 p.m. Wednesday, Dec. 3, employees at ST Paper's Duluth plant were informed of a likely pending sale of the facility to Sofidel, a privately-held Italian multinational company that ranks as the world's seventh-largest manufacturer of tissue paper.
Four hundred workers are affected by the production shutdown which takes effect immediately.
A call around 12:30 p.m. Tuesday, Jan. 2, of a fire at the Georgia Pacific MDF plant in Mount Jewett brought volunteer fire departments from three counties in response.
UPM Steyrermühl was founded in 1868 and produced newsprint paper until the end of Q2 2023. Production capacity during the last years was 320,000 tonnes annually. The site also includes a sawmill with an annual timber capacity of 370,000 cubic meters.
MM Kwidzyn has completed the consultation process with trade unions and works councils. The company has taken the decision on the closure of the packaging kraft paper machine (PM3).
The Western Reserve Port Authority approved the sale of former steel mill property in the Warren and Howland area to the Kimberly-Clark Corporation, which plans to build something there.
In 2023, Georgia-Pacific, a major manufacturer of toilet paper and other paper-based products, reinvested some $2 billion into its operations. According to the company, the capital improvement projects include finishing new facilities and enhancing existing operations.
Overall, Primestone believes the Westrock transaction "risks deteriorating SKG's business profile" by creating a higher-cost, less integrated company whilst "increasing leverage for modest financial benefits for SKG's shareholders."
Following the announcement of the Napi mill closure in June this year, Stora Enso has systematically ceased all ongoing operations at the site.
UPM Biomedicals, the forerunner in producing high quality nanofibrillar cellulose for life science and clinical applications, has signed an extensive distribution agreement for GrowInk™ bioinks with Brinter Inc, a Finnish-US medtech/biotech company focusing on the development of cartilage implants using their patented 3D bioprinting technology.
A man is dead after allegedly attempting to steal copper from paper mill in Victoria's east.
One Georgia-Pacific employee had to be treated at the scene, but that was the only injury according to officials.
Borregaard will co-invest with the European Innovation Council Fund and several other public and private investors in a direct offering of new shares in the Danish bioscience company Kaffe Bueno ApS. In total, Kaffe Bueno will raise EUR 6.2 million in new capital from the direct offering. After the transaction, Borregaard will hold 12% of the shares in Kaffe Bueno, with an investment of EUR 3 million.
Kronospan announced the closing of its purchase of Roseburg's Simsboro, Louisiana, particleboard facility following the expiration of the required regulatory review period. Ownership of the plant has been transferred from Roseburg Forest Products to Kronospan.
Chilean industrial conglomerate Empresas Copec announced on Wednesday that it has agreed to sell some of its forestry businesses to Brazilian pulp and paper company Klabin in a deal worth some $1.16 billion.
Rayonier Inc. announced the completion of its previously announced disposition of 55,000 acres of timberland in Oregon to Manulife Investment Management on behalf of clients for $242 million (~$4,400 per acre), subject to customary prorations and closing costs.
Resolute FP Canada Inc., a producer of wood, pulp, tissue and paper products, operates the Ignace Sawmill. On March 28, 2022, an industrial electrician was attempting to repair a photo-eye on a debarking machine.
Salinas Fire crews are cleaning up after a fire destroyed the Georgia Pacific Packaging building in South Salinas Dec. 15.
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