Five employees are responsible for operating the facility and will be joining the ND Paper team.
M&A
Suzano's bid hinges on International Paper abandoning DS Smith deal, according to Reuters.
The transaction was concluded for a total consideration of approximately US$1.8 million, on a cash-free and debt-free basis, subject to customary adjustments, financed through the Supremex existing credit facility.
The transaction, scheduled to close on Friday, May 17th, marks R.P. Lumber’s fourth acquisition this year and its first location in Carroll County.
The acquisition of Express Pallets & Crates will finalise on 1 July 2024, subject to all Completion Precedents being met.
With this acquisition, Culpeper Wood Preservers adds additional drying capacity for hardwoods and softwoods. Culpeper now has 18 facilities within its footprint.
The joint Pulp Integration Team worked diligently over the weekend to transition key operating and information systems to the Millar Western IT platform
Acquisition to enhance Clearwater Paper's existing capabilities in paperboard manufacturing.
With this acquisition, US LBM now operates 12 locations in Northern California, including three structural component manufacturing facilities; the company also operates Homewood Truss, which is located north of Sacramento.
Leveraging Canfor’s experience and expertise, and with an anticipated further $50 million in planned upgrades, production capacity is expected to increase to 175 million board feet per year.
Transaction further advances Twin Rivers’ focus on core specialty papers business.
The transaction is expected to close in the Q2 2024 and is subject to customary closing conditions.
The mills will be operated by Millar Western Forest Products, which joined the global Atlas family of manufacturing and distribution businesses in 2017.
The AmeriPac business workforce of nearly 600 is located in Grapevine and Dallas, Texas, and Mechanicsburg, Pennsylvania.
Custer Do It Best Hardware & Lumber will become R.P. Lumber’s 83rd location.
This acquisition underscores Zeus Group’s increased focus on sustainable packaging, investing in paper-based solutions over plastic-based production.
Woodgrain will also continue to enhance value-added services, including pre-hanging and pre-finishing doors, supported by Woodgrain’s manufacturing expertise.
Egger takes the next step in the circular economy: first recycling collection site in Italy.
The combination will bring together complementary businesses to create a truly global sustainable packaging solutions leader, with industry leading positions in two of the most attractive geographies of Europe and North America.
Rengo Group intends to further promote development of the flexible packaging business through the making of the company into a subsidiary.