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International Paper will be closing its container plant, the remaining mill in Georgetown, later this year, according to a company spokesperson.
Jacksonville Fire Rescue Department crews extinguished a fire at a recycling facility west of Downtown Jacksonville that erupted Monday afternoon, Feb. 9, sending smoke into the air that was visible for miles.
Smurfit Westrock will also close the extrusion facility in Pointe-aux-Trembles, Quebec, which converts grades produced on the La Tuque machine. The closures will result in a limited workforce reduction of approximately 30 at La Tuque and approximately 60 at Pointe-aux-Trembles.
The incident resulted in the death of one person, a 20-year old student at the University of Maine who was participating in an internship at the facility, and injured nine other workers, two of them seriously. One of the workers remains hospitalized.
With the extensive sales and export experience of both NPI and PF in Australia and New Zealand, the newly established NF Wood Fibre joint venture is well positioned to fully leverage these combined strengths and to further expand the forestry and timber businesses of both partners.
The expansion comes with significant investment into the company's southern Georgia operations and continued growth within the region. In addition to creating several new full-time jobs, it will bring increase service and support for Georgia's agriculture industry and the many customers Pratt serves in the region.
Cascades Inc. announces the discontinuation of its activities in the honeycomb paperboard and partition packaging product sectors. As a result, its three plants located in York, PA, and Saint-Césaire and Berthierville, QC, will be closed.
RFP says impacted employees will receive 60 days of compensation and continued healthcare coverage. They are encouraged to apply for open positions at other RFP facilities and will receive dedicated support and resources during the transition.
Arctic Paper S.A. disclosed that Nasdaq Stockholm's Disciplinary Committee has levied a SEK 780,000 contractual penalty after finding its late-2024 and early-2025 current reports improperly published in violation of the exchange's rulebook and the EU Market Abuse Regulation.
USG Corporation, North America's leading building materials manufacturer, today announced that President and Chief Executive Officer (CEO) Christopher Griffin will retire later this year after more than 30 years of service to USG. Concurrent with this news, USG's Board of Directors and owner Knauf Group, have appointed Christopher Macey--currently USG's Chief Operating Officer (COO)--as President and CEO, effective April 1, 2026.
Crews successfully extinguished the flames, and no injuries were reported.
Pack4 operates facilities in Lawrence, Massachusetts and Puerto Rico. The company specializes in custom protective packaging products, including foam, corrugated, tapes, bags, and stretch wrap, and serves a diverse range of industries with a focus on quality and service.
The project is a candidate for up to $10 million in funding from the Minnesota Department of Employment and Economic Development's Minnesota Forward Fund, which provides grants and loans to businesses making "large private capital investments in new and existing industries."
Will represent over 83% of Sonoco U.S. electricity needs.
Multi-Color Corporation (MCC), a global label solutions provider, filed for Chapter 11 bankruptcy. The company has entered a restructuring support agreement with its major secured lenders to sail through the proceedings.
Edgewell Personal Care Company announced that it has completed the sale of its feminine care business to Essity, a leading global health and hygiene company based in Sweden, for $340 million. Edgewell intends to use the net proceeds from the sale, after taxes and transaction costs, primarily to strengthen its balance sheet and pay down the balance of U.S. revolving credit facility while continuing to invest in the long-term growth of its core businesses.
The workers at Union Gap will be offered severance packages, and some may be offered positions at other facilities. Layoffs are also planned for CA and Kentucky this year.
The company intends to announce a new name and ticker symbol later in the first quarter of 2026.
Kimberly-Clark, which makes Scott toilet paper and Huggies diapers, said in June that it struck a $3.4 billion deal to sell most of its international tissue business to Brazil's Suzano, creating a joint venture in which it would hold a 49% interest. The companies said at the time Suzano would also have the option to purchase Kimberly-Clark's remaining ownership interest in the future.
Cascades Inc. announces that it has entered into an agreement with Crown Paper Group ("Crown") for the sale of its corrugated packaging plant located in Richmond, British Columbia, for a total value of $65.5 million, including the real estate assets and subject to working capital adjustments and the assumption of certain liabilities.
International Paper, a leader in sustainable packaging solutions, announced Jan. 29 its plan to create two independent, publicly traded companies: International Paper will be comprised of its current business in North America including both legacy IP and DS Smith assets, and the EMEA Packaging business will be comprised of both legacy DS Smith and IP assets in EMEA. The separation will create two leading sustainable packaging solutions companies, each with focused management teams and business models, tailored investment and capital allocation strategies, and compelling financial profiles.
Key milestone in creating a global health and wellness leader; Transaction expected to close in the second half of 2026
A long-idle paper manufacturing site in Port Huron is moving closer to redevelopment with new state support.
Sprinklers helped control a fire inside industrial equipment at the longtime Ahlstrom facility, and no injuries were reported.
Kasie Malcolm, a chemical engineering student participating in a co-op program through UMaine, died at the hospital last night from injuries sustained at the plant. Malcolm had worked at the mill since June.
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