Huhtamaki is making a significant investment in its Paris, Texas facility in the U.S. The investment consists of an expansion of its manufacturing capacity as well as a consolidation of an external warehouse. The investment into production assets is approximately $30 million, and the warehouse and manufacturing facility will be leased. This will significantly increase […]
Tag Archives: Texas
19
Jul
Jul
Mexican tissue paper manufacturer Grupo Corporativo Papelera (GCP) is purchasing 32 acres in the East Montgomery Industrial Park in New Caney, Texas, the Houston Business Journal reported. The estimated $400 million facility will serve as the site for the company’s new manufacturing and conversion facility, marking an expansion of its operations in the United States, the news […]
28
Jun
Jun
Pratt Industries will officially open its new $253 million advanced manufacturing box factory in Cedar Hill, Texas, today. At capacity, the 1.1 million square foot plant — one of the largest and most modern of the company’s 71 factories spread across 25 US states — will provide 375 full-time, high-paying, green-collar manufacturing jobs. That brings […]
30
Apr
Apr
Kamps, Inc. announces the opening of a new pallet facility in San Antonio, Texas. The facility will begin operations immediately. Services provided out of the San Antonio facility include wooden pallet recycling and custom pallet manufacturing, two of Kamps’ core competencies. The latest expansion comes on the heels of strong first quarter growth for 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 […]
News
Pratt Industries to Invest $5 Billion in Recycling, Clean Energy Infrastructure and Manufacturing Jobs in USA over Next 10 Years
23
Nov
Nov
Pratt Industries executive chairman, Anthony Pratt, has pledged to invest $5 billion in U.S. recycling and clean energy infrastructure to create 5000 American manufacturing jobs over the next 10 years. Anthony Pratt made the pledge — his largest ever commitment — to Caroline Kennedy, the U.S. Ambassador to Australia, at a recent black tie event […]
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 […]
Green Bay Packaging Inc. (GBP) will begin construction of a new 600,000 square foot corrugator plant in Fort Worth, Texas. Construction on the site is set to begin in the 1Q 2022 and startup operation is scheduled for the 2Q 2023. The new “super-plant” will be replacing GBP’s current 200,000 square foot corrugator plant in […]
11
Jan
Jan
Green Bay Packaging Inc. (GBP) announced they will begin construction of a new 600,000 square foot corrugator plant in Fort Worth, Texas. Construction on the site is set to begin in the first quarter of 2022 and startup operation is scheduled for the second quarter of 2023. The new “super-plant” will be replacing GBP’s current […]
31
Aug
Aug
CatchMark Timber Trust, Inc.announced a definitive agreement to sell 18,063 acres of prime Oregon timberlands – known as the Bandon property – for $100 million in cash, or approximately $5,536 per acre, to Roseburg Resources Co. CatchMark purchased the property in August 2018 for $88.8 million, or $4,916 per acre, exclusive of transaction costs. The company expects to recognize a gain on the sale in excess of $20 million in […]