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Employees' last days at the facility will be in March, according to the worker adjustment and retraining notification filing.
The Day Street Mill operated for 122 years before being shutdown in 2023. Now, Georgia-Pacific is deciding what to do next with the supercentenarian property.
Interfor announced that it has completed the previously announced divestiture of its operations in Québec, Canada to Les Chantiers de Chibougamau Ltée.
The biofuel plant will be upgraded and a new pellet factory will be built.
In March 2023, Pactiv Evergreen announced the mill's closure, marking the end of an era for the community.
Lindenmeyr Munroe plans to expand operations into the Florida market with a Tampa-based distribution facility.
The exchange operator Nasdaq has decided to remove the observation status of the paper mill company Nordic Paper, which means that the share is returned to its regular place on Nasdaq Stockholm. This is stated in a stock exchange release.
Huhtamaki appoints Ralf K. Wunderlich (58) as President and CEO effective on January 15, 2025 when the Company's current President and CEO Charles Héaulmé steps down. Charles will be available as needed to secure smooth transition until July 2025.
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.
January 3, 2025
From news reports
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.
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