Glatfelter is acquiring the empty 200,000-square-foot Mitsubishi building and will invest $80 million to transform it into a specialty materials production plant estimated to employ 83 when it opens in late 2017.
Orora said the purchase would complement its range of packaging products, as IntegraColor focuses on point of purchase retail display and other visual communications services.
Georgia-Pacific said the acquisition includes a state-of-the-art converting plant in Aurora, Illinois; sales and design office in Bentonville, Arkansas; and a minority interest in Five Star Sheets sheet feeder consortium in New Carlisle, Indiana. Terms of the deal are not disclosed.
Packaging group Smurfit Kappa has confirmed plans upgrade its UK listing from standard to a premium listing, in a move that opens the door to its entry into the FTSE-100 index.
A log truck reportedly headed to a Georgia-Pacific facility in Florida rolled over on Monday afternoon, spilling logs on a road and sending the driver to a hospital in Gainesville with serious injuries.
It may be rainy season now in Indonesia, but for two of the biggest pulp and paper companies operating in fire-prone areas in Indonesia -- Asia Pacific Resources International, or April and Asia Pulp & Paper, or APP -- sounding their fire management strategy is important.
Stora Enso announced that it is investing around US $68.5 million to further improve its competitiveness in consumer board and biomaterials in the strategic growth areas of China and Sweden.
Norske Skog's debt-swap plan has divided investors, with opposition from secured bondholders including BlueCrest and support from unsecured creditors including Blackstone Group LP's GSO Capital Partners.
