If you read my last column, you heard about how a Chief Purchasing Officer of a global, Fortune 50 manufacturing company views categories of spend, risks, contracts, and global suppliers. I did not have enough space to cover all my questions and answers from the interview, so we will pick right up where we left off.
On April 15, 2024, the Supreme Court announced that it has granted a leave to appeal for the minority shareholders. The Supreme Court will address the assessment of the redemption price of Ahlstrom Oyj's minority shares.
Rengo has integrated the Packaging Solution business of SunTox Co., Ltd. and Mitsui Chemicals Tohcello, Inc. in an absorption-type merger and acquired 51.0% of shares issued by the Integrated Company (new trading name: RM TOCHELLO CO., LTD.) on the same date, making it into a subsidiary.
Sun Chemical announces its ongoing collaboration with packaging solutions company, Cardbox Packaging. Sun Chemical is supplying Cardbox with SunPak® FSP EcoPace sheetfed, low migration inks for high productivity, high speed folding carton printing and for its SunHub compact ink dispenser at their Austria site.
The FENIX™ Bio Locking Tag represents a renewable alternative to petroleum-based products, using up to 88% fewer fossil fuel-based plastics than traditional plastic options. These plant-based horticulture tags enable WestRock customers to achieve plastic-reduction goals while ensuring critical functionality in greenhouse, nursery and retail environments.
The Paper Excellence mill in Howe Sound was the company's second B.C. facility in four months that has been penalized for contaminating the environment.
Two Rivers Lumber Co. LLC plans to invest $115 million to build a state-of-the-art sawmill in Coosa County as the company's second operation in Alabama. Demopolis-based Two Rivers Lumber has committed to creating 130 jobs at the new Alabama sawmill, which will specialize in the production of Southern Yellow Pine dimensional lumber, the Alabama Governor's Office reports.
Veritiv Corporation, a leading specialty distributor of value-added packaging, facility solutions and print products and solutions, announced that it has acquired substantially all the assets of Ameripac, LLC, and Ameripac Pennsylvania, LLC ("AmeriPac") a leading provider of turnkey contract packaging and fulfillment services with annual revenues of approximately $60 million.
