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 […]
Tag Archives: Georgia
26
Jan
Jan
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 […]
12
Jan
Jan
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. […]
10
Jan
Jan
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 […]
28
Dec
Dec
Rayonier Advanced Materials (RYAM) announced today that its facility at Jesup, Georgia, has been impacted by a force majeure declared by its natural gas provider, Southern Natural Gas Company, L.L.C., due to an unscheduled outage of the Elba Express Pipeline’s Hartwell Compressor Station (the “SNG Force Majeure Event”, or “Event”). RYAM’s Jesup facility is the […]
18
Dec
Dec
Boise Cascade’s Building Materials Distribution (BMD) division announced the expansion of its distribution capacity in two markets. The Company finalized the acquisition of 45-acres in Walterboro, South Carolina, to build a new distribution facility. Located approximately 45 miles west of Charleston, the property will be Boise Cascade’s first distribution center in the state. The location is […]
05
Nov
Nov
Rayonier Inc. recently announced that the company has entered into two separate agreements to acquire approximately 172,400 acres of high-quality commercial timberlands located in Texas, Georgia, Alabama, and Louisiana for an aggregate purchase price of approximately $474 million from Manulife Investment Management, a leading timberland investment manager. The Acquisitions comprise well-stocked and highly productive timberlands […]
17
Oct
Oct
Governor Laura Kelly joined officials from Pratt Industries as they opened their new state-of-the-art advanced manufacturing corrugated box plant in Park City. The plant represents a $200 million investment that will create 58 new high-paying, quality jobs in Sedgwick County over the next five years. The Governor and Pratt executives took a tour of the […]
24
Aug
Aug
Georgia-Pacific is making a significant investment of more than $20 million at its plant in Lebanon, Tennessee. Its existing corrugator will be replaced with a new one to provide the plant with more throughput and provide customers with a better-quality product. “This is as much an investment in our current and future customers as it […]
28
Apr
Apr
Graphic Packaging Holding Company today reported Net Income for first quarter 2022 of $107 million, or $0.35 per share, based upon 309.7 million weighted average diluted shares. This compares to first quarter 2021 Net Income of $54 million, or $0.19 per share, based upon 277.2 million weighted average diluted shares. Q1 2022 Highlights Net Sales […]
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