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At the auction binderholz was able to prevail over Mercer Inc. and Mayr Melnhof Holz and was awarded the contract at $61 million. The transaction is expected to close at the beginning of October 2020.
The World Trade Organization has sided with Canada in a decades-old dispute with the U.S. over lumber imports, ruling the Trump administration incorrectly claimed in 2017 that Canada was improperly subsidizing production.
Terry Paul Greenwood served our country as a member of the United States Army. He tragically died Thursday, Aug. 20, while on contract at Georgia-Pacific. Saturday, The Widows Sons held a memorial ride to honor his legacy just to say thank you.
Firefighters brought a weekend fire quickly under control at International Paper while limiting damage to equipment in the wood room and an area of a chip pile.
Graphic Packaging says it will be in Wisconsin Rapids next week recruiting laid off Verso workers.
New methods balance the economic and environmental goals of local communities while reducing the carbon impact of logging and protecting biodiversity.
The new, automated technology will increase efficiencies through innovation and quality.
Tribal vice chair Curt Holmes said the tribe had its chief financial officer review all the possibilities for the mill and its 900 acres, and the primary goal is to reopen the paper mill and restore the jobs that were so vital for the community's survival.
Weyerhaeuser Company has announced leadership and organizational changes that position the company to further enhance the long-term value of its timberlands portfolio.
Founded in 1933 and based in Green Bay, Wisconsin, GBP has had operations in Tulsa for more than 50 years. It operates 32 facilities in 14 states.
308 workers will be affected by the repurposing of the Domtar Kingsport mill, according to the Tennessee Department of Labor and Workforce Development.
LSC Communications has been granted another extension of the deadlines set for the proposed sale of its assets. The court overseeing the printing giant's bankruptcy proceedings approved a one-week delay in moving the deadline from when bids are due, from August 19 to August 26.
International Paper has announced an upcoming annual outage of its mill in Ticonderoga to perform necessary inspections and maintenance, according to a press release.
The investigation into the kill is ongoing and Verso officials are cooperating, state officials said.
Lancaster, Pa.-based Intellicor Communications purchased the assets of the former Cadmus operations in Lancaster, Pa., and in Hurlock, Md., from Cenveo Worldwide on Aug. 8 -- effectively marking the final chapter for the storied Cadmus Communications name in the printing industry.
In a WARN notice received Wednesday, WestRock announced the company is shutting down its container plant based in Somerset.
Corner Brook Pulp and Paper Ltd. resumed operations on Monday following a week-long production shutdown for maintenance.
Several fire crews responded after a fire broke out at Roseburg Forest Products in Medford, Oregon on Aug. 11 around 4:50 am.
2020 has been one of the most challenging and defining business years for many of us. There have been many negative impacts from COVID-19 but there have been many positive outcomes too. The enduring reality of COVID-19 and its effect on the market, both short and long term, is driving important strategic decisions across organizations, large and small.
Verso says it has entered into an equipment purchase agreement with Halkali Kagit Karton Sanayi ve Tic. A.S., a company organized under the laws of Turkey, whereby Verso agreed to sell, and the Purchaser agreed to purchase, certain equipment at Verso's Luke Mill, primarily including two paper machines.
Graphic Packaging Holding Company announced that International Paper has notified the Company of its intent to continue the monetization process of its ownership interest in Graphic Packaging International Partners, LLC (the "Partnership").
The Duluth mill may need to shift production to kraft paper packaging materials in order to survive.
The US Court of Appeals for the Eighth Circuit affirmed a grant of summary judgment dismissing antitrust and tortious interference claims based on fraudulent procurement of patents where the plaintiff failed to show a knowing and willful intent to deceive the US Patent and Trademark Office (PTO). Inline Packaging, LLC v. Graphic Packaging International, LLC, Case No. 18-3167 (8th Cir. June 18, 2020) (Smith, J.).
Domtar Corp. announced Friday (Aug. 7) it would permanently shutter its paper machine operations at its Ashdown plant to save $200 million by 2021. The South-Carolina based company will transition its Ashdown operations to softwood and fluff pulp production..
As part of the cost savings program, overall the company will permanently close the uncoated freesheet manufacturing at the Kingsport, Tennessee and Port Huron, Michigan mills, the remaining paper machine at the Ashdown, Arkansas mill and the converting center in Ridgefields, Tennessee. These actions will reduce the Company's annual uncoated freesheet paper capacity by approximately 721,000 short tons, and will result in a workforce reduction of approximately 780 employees. The Kingsport and Ashdown paper machines, which have been idled since April 2020, will not recommence operations. The Port Huron and Ridgefields mills are expected to shut down by the end of the first quarter of 2021.
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