Kadant Inc. announced that Jeffrey L. Powell will be named president effective April 1, 2019 and CEO and a director effective July 1, 2019, as part of a succession plan adopted by the Board of Directors.
"We are ready and willing to see this project through," said Kathy Cloutier, Director of Corporate Communications for Paper Excellence Canada. "Without a short extension, thousands of jobs throughout the province are at risk."
WestRock has released a new coated paper in answer to growing consumer trends favoring premiumization. The 18pt. caliper provides added sturdiness, translating to a tactile feel that consumers equate with higher quality.
Solenis announced that it has signed a long-term agreement with Brandywine Investment Group II, LLC, an affiliate of Delle Donne & Associates, Inc., to lease approximately 90,000 square feet of office space in the new Avenue North complex in Wilmington, Delaware.
The company will further consolidate production facilities to reduce fixed costs by shutting down the No. 8 paper production machine at the Kushiro Mill and the No. 6 paper production machine at the Hokkaido Mill in Yufutsu, Japan.
Greif, Inc. announced that it has received notice that the U.S. Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act regarding Greif's pending acquisition of Caraustar Industries, Inc.