Graphic Packaging Holding Company, a leading provider of consumer packaging, today named Mark Connelly Senior Vice President, Investor Strategy and Development. This new role augments Graphic Packaging’s outreach capability with an aim to expand and diversify the company’s investor network globally. Connelly brings more than 20 years of experience as a securities analyst and strategy […]
Tag Archives: Georgia
Mativ Holdings, Inc. announced today that it has completed the sale of its Engineered Papers business to Evergreen Hill Enterprise, Pte. Ltd. Julie Schertell, CEO of Mativ, commented, “We are very pleased with the completion of the sale of Engineered Papers. They have a great team and strategy in place for a successful future. For […]
Georgia-Pacific, LLC today announced it has expanded its EarthKraft™ line of curbside recyclable mailers to include an unpadded mailer for e-commerce shipments. The new mailer, available in two sizes, is suited to ship apparel and other soft items that do not need padded packaging for transport. Amazon is a key GP EarthKraft customer and has […]
Graphic Packaging Holding Company has entered into a definitive agreement to acquire Bell Incorporated, a well-capitalized U.S. packaging provider. The proposed acquisition is expected to add approximately $200 million in sales, $30 million in Adjusted EBITDA and will support strategic priorities of increasing integration rates and expanding customers and categories. Annual synergies of approximately $10 […]
Hood Container Corporation has acquired the corrugated packaging business of Dalton, Georgia based Sustainable Printing LLC. The transaction includes all printing, converting, and ancillary equipment located in Dalton. Hood will continue operating these assets in the current facility. These assets complement Hood Container’s Southeastern footprint creating greater corrugated capacity and enhanced production capabilities in the […]
The American Forest & Paper Association (AF&PA) today announced Julie Landry as Vice President of Government Affairs. In this role, Landry will lead the paper and wood products industry’s legislative agenda and drive advocacy efforts before Congress, the White House and state governments. She assumes the role effectively immediately. Landry joined AF&PA as Manager […]
Interfor Corporation recorded a net loss in Q4 2022 of $72.2 million, or $1.40 per share compared to net earnings of $3.5 million, or $0.06 per share in Q3 2022 and $69.7 million, or $1.15 per share in Q4 2021. Adjusted EBITDA was a loss of $68.7 million on sales of $810.3 million in Q4 2022 […]
Graphic Packaging International is moving its Bristol, UK beverage packaging manufacturing operations to a new, state-of-the-art facility nearby, creating up to 30 new jobs in the process. The move to the 255,000-square-foot factory — twice the size of its current base in the Fishponds area — comes in response to increasing worldwide demand for fiber-based […]
Central National Gottesman Inc. (CNG) announced today that it has signed a definitive purchase agreement to acquire S.P. Richards (SPR), an independent business products wholesaler based in Atlanta, Georgia. The closing is expected to take place on January 31, 2023. SPR operates from a network of 30 full-stocking distribution centers strategically positioned across the U.S. […]
Canfor Corporation is announcing an extension of sawmill curtailments in British Columbia (B.C.) due to ongoing weak market conditions and the lack of available economic fiber. The production capacity will be reduced through two-week curtailment extensions in January at select solid wood facilities in B.C. This will remove approximately 21 million board feet in addition […]