Leading Stories

International Paper, currently located at 800 W. Parker St., is looking to buy 66 acres of land for $1 to build an 800,000-square-foot industrial building.

Finch Paper announced the promotion of Drew Gardner as Chief Executive Officer, effective February 1, 2025. Drew succeeds Debabrata Mukherjee, who has led the company since 2013 and will continue his service to Finch Paper as Chairman of the Board.

The offer is worth SEK 50 in cash per share and expires Jan. 8.

Goose Harbour Lake Wind Farm will support Port Hawkesbury Paper's energy needs and Nova Scotia's clean power transition.

President-elect Donald Trump's threat to impose a 25% tariff on Canadian imports could significantly disrupt the U.S. lumber supply chain, according to Rajan Parajuli, an associate professor of forest economics and policy at NC State University.

Jerry Cheatham, a 36-year finance leader within Sonoco, has been named interim Chief Financial Officer, replacing Chief Financial Officer Rob Dillard, who has departed the Company.

Irving Forest Products, which owns and operates wood processing facilities in Maine and New York State, will acquire the Masardis Sawmill in Masardis, Maine. The sale will close January 5, 2025.

Marko Pekkola, who has served as Deputy CEO and CTO of MM Kotkamills for the last year, has been appointed as the new CEO, effective January 1, 2025.

The upgrades included a new rooftop cyclone, a new corrugator and a state-of-the-art specialty gluer. This new equipment gives the plant improved efficiency, the ability to run digital print, and the capability to handle harder-to-run business.

The new plant is anticipated to generate approximately 125 jobs when operating at full capacity, offering positions from production line workers to management.

Tyler joined Twin Rivers Paper in April 2022 as Vice President of Finance and was named Chief Financial Officer in August 2022, leading the company's finance, accounting, treasury and tax functions. In April 2023, he was named President in addition to his role as Chief Financial Officer.

The European Commission had been scrutinizing the proposed merger due to concerns that it might reduce competition in the market.

It was the largest known blastomycosis outbreak in the United States.

Under the terms of the APA, Domtar (formerly Paper Excellence) will return the lands to Tla'amin for its use. Tla'amin will assume responsibility for carrying costs such as maintenance, taxes and insurance upon taking ownership.

The investment totaled close to $34 million and funded new equipment to modernize the plant's operations.

Amcor completed the sale of its 50% interest in Bericap North America (BCNA) for $122 million on December 27, with the proceeds used to reduce debt.

Putnam County Fire Rescue responded to a Georgia-Pacific because of a fire Dec. 31.

Province approves first phase of $550M development.

The Paper Packaging Company, founded by Nigerian engineer and entrepreneur Chidi Oguegbu, will extend its eco-conscious operations to the United States in early March. The expansion coincides with the organization's tenth anniversary, underscoring a record of providing paper-based packaging alternatives to reduce single-use plastics.

Stora Enso violated the collective labour agreement when it dismissed employees in 2021, according to Finland's Labour Court.

The International Paper Company officially closed its location in Bradley County, following an October announcement that layoffs would begin the shutdown this month.

Strategic Value Partners, through Coniferous Bidco, controls 82.84 percent of the capital and votes in the paper mill company Nordic Paper. This is announced in connection with the expiration of the extended acceptance period. The bidder is now giving shareholders another opportunity to accept the offer by extending the acceptance period one last time until January 8, according to a press release./span>

At about 6:30 a.m., Thursday, a worker at the packaging plant called 911 to report a fire inside the facility. An alarm inside Huhtamaki tripped less than a minute later, according to firefighters.

Office equipment manufacturer Xerox has agreed to buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to expand its presence in Asian markets and better compete in an industry upended by the digital age.

Suzano clarifies that no agreements have been reached or documents signed regarding this potential acquisition, and there have been no significant fluctuations in its securities.