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Showing 12 articles from May 1, 2025.

Jim's Articles

Week of 5 May 2025: Costly Transportation
Week of 5 May 2025: Costly Transportation

The US interstate highway system is sixty-nine years old this coming June 29th. In many ways, this has been the most transformative change in the United States culture ever. Heck, I was even inspired to solo drive the 48 contiguous states in less than seven days, which I did in 2005. Small, local businesses and manufacturers were motivated to build larger factories to capitalize on the scale afforded by this highway system. We did so in the pulp and paper industry, at the cost or savings (depending on your point of view) of thousands of jobs.

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Industry News

Graphic Packaging Holding Company Announces New Share Repurchase Plan Authorization
Graphic Packaging Holding Company Announces New Share Repurchase Plan Authorization

Graphic Packaging Holding Company, a global leader in sustainable consumer packaging, announced that its Board of Directors has approved a new $1.5 billion share repurchase authorization. This authorization is in addition to the July 27, 2023 share repurchase authorization under which $365 million remains available, bringing the aggregate available authorization as of April 30, 2025 to $1.865 billion.

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Graphic Packaging Holding Company Reports First Quarter 2025 Financial Results
Graphic Packaging Holding Company Reports First Quarter 2025 Financial Results

Waco, Texas recycled paperboard investment on track for Q4 2025 startup

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Novolex brand Eco-Products Earns National Award for Reusable Foodservice Containers
Novolex brand Eco-Products Earns National Award for Reusable Foodservice Containers

Eco-Products' new line of Veda containers is honored with the Bronze Stevie Award in the Reuse and Recycle category of the American Business Awards.

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Rayonier Reports First Quarter 2025 Results
Rayonier Reports First Quarter 2025 Results

Revising full-year 2025 guidance to account for discontinued operations treatment of New Zealand operations and updated outlook; expecting full-year net income attributable to Rayonier of $424 to $458 million ($2.71 to $2.93 per share), pro forma EPS of $0.34 to $0.41, and Adjusted EBITDA of $215 to $235 million (generally in-line with our prior full-year Adjusted EBITDA guidance excluding New Zealand operations).

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Smurfit Westrock Reports First Quarter 2025 Results
Smurfit Westrock Reports First Quarter 2025 Results

First quarter Net Sales of $7,656 million

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Sonoco reports 16.5% dip in GAAP net income in Q1 2025
Sonoco reports 16.5% dip in GAAP net income in Q1 2025

Sonoco, a global packaging company, has posted a generally accepted accounting principles (GAAP) net income of $54.4m for the first quarter (Q1) ending 30 March 2025, a 16.5% dip from the $65.2m recorded in Q1 2024.

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Leading Stories

Kimberly-Clark announces plans to invest over $2 Billion to Expand US Manufacturing, Accelerate Innovation and Fuel Growth
Kimberly-Clark announces plans to invest over $2 Billion to Expand US Manufacturing, Accelerate Innovation and Fuel Growth

This broad-based investment program centers on two transformative projects: a new advanced manufacturing facility in Warren, Ohio, and an expansion of its Beech Island, South Carolina, site with a state-of-the-art automated distribution center. It also includes additional capital expenditure linked to innovation and automation upgrades across its North America supply chain network.

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Kimberly-Clark to build $800 million facility in Ohio, create 491 jobs
Kimberly-Clark to build $800 million facility in Ohio, create 491 jobs

Ohio Governor Mike DeWine, Lt. Governor Jim Tressel, JobsOhio President and CEO J.P. Nauseef, and Ohio Department of Development Director Lydia Mihalik announced today (May 1) that the Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs.

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Smurfit Westrock shutdowns to affect 650 employees at 4 facilities
Smurfit Westrock shutdowns to affect 650 employees at 4 facilities

Smurfit Westrock plc announced it will permanently close its coated recycled board (CRB) mill in St. Paul, Minnesota, U.S. and will discontinue production at its containerboard mill in Forney, Texas, U.S. The specialty coating facility at Forney will not be impacted. As a result, the Company's containerboard and CRB capacity is expected to reduce by over 500,000 tons.

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Stora Enso completes the acquisition of the Finnish sawmill company Junnikkala
Stora Enso completes the acquisition of the Finnish sawmill company Junnikkala

Stora Enso has completed the acquisition of the Finnish sawmill company Junnikkala Oy, announced in October 2024. The acquired sawmills will be integrated with Stora Enso's packaging board site in Oulu, Finland, and secure a cost-efficient wood supply to the site, where a new packaging board machine recently started ramping up production.

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Svante and Mercer International Advance Carbon Capture Project at Alberta Pulp Mill
Svante and Mercer International Advance Carbon Capture Project at Alberta Pulp Mill

Svante Technologies Inc. (Svante), a leader in carbon capture and removal technology, announced that its joint carbon capture and storage project with Mercer International Inc. (Mercer) has advanced to the Front-end Engineering and Design Phase 2 (FEL-2).

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