The U.S. Department of Agriculture announced the appointment of three members to serve on the Paper and Packaging Board. The appointees from the South Region will serve three-year terms beginning immediately to December 31, 2025, and one appointee from the Rest of the U.S. Region will serve a one-year term beginning immediately to December 31, […]
Tag Archives: WestRock
07
Dec
Dec
WestRock Company recently announced it has completed the acquisition of the remaining interest in Grupo Gondi for $970 million plus the assumption of debt. The transaction is immediately accretive to earnings, subject to customary purchase price allocations. The acquisition of Grupo Gondi includes four paper mills, nine corrugated packaging plants and six high graphic plants […]
30
Oct
Oct
The Paperboard Packaging Council (PPC) has announced the top winners of its 79th annual North American Paperboard Packaging Competition. These folding cartons and rigid boxes represent some of the best paperboard packaging manufactured by North American converters over the past year. Paperboard Package of the Year Mentos Submitted by Graphic Packaging International The next […]
13
Aug
Aug
WestRock Company (NYSE: WRK) today announced that it has entered into an agreement to acquire the remaining interest in Grupo Gondi for $970 million, plus the assumption of debt, representing an estimated implied enterprise value of $1.763 billion. Upon completion of this transaction, WestRock will further enhance its leading position in the growing Latin American […]
26
May
May
WestRock today announced the publication of WestRock’s 2021 Sustainability Report, detailing the comprehensive efforts the company is making for, and with, customers to imagine and deliver on the promise of a sustainable future. The report reveals validation of WestRock’s greenhouse gas (GHG) emissions reduction target by the Science Based Targets Initiative (SBTi) alongside its refreshed sustainability […]
14
Feb
Feb
WestRock Company recently announced plans to build a new corrugated box plant in Longview, Washington, to meet the growing demand from WestRock’s regional customers in the Pacific Northwest. “WestRock’s corrugated packaging business in the Pacific Northwest continues to perform well, with strong relationships with customers in attractive growth markets,” said David B. Sewell, chief executive […]
24
Jun
Jun
WestRock Company has announced an expansion of its produce packaging offerings with the launch of its EverGrow™ Collection. The collection offers innovative alternatives to single-use plastic packaging for produce from snacking tomatoes to apples. WestRock has achieved a proprietary approach for a produce packaging collection made using sustainably sourced wood fiber. WestRock EverGrow packaging is […]
06
Nov
Nov
WestRock today announced that Jim Porter, president, Business Development & Latin America, has decided to retire, effective December 31, 2020. Following his retirement, Jim will continue to contribute to WestRock by serving as one of its representatives on the board of managers of Gondi, S. de R.L. de C.V., the Company’s Grupo Gondi joint venture, […]
12
Oct
Oct
WestRock Company announced that it plans to reduce its solid bleached sulphate (SBS) mill system production capacity by 200,000 tons by shutting down one paper machine at its Evadale, Texas, mill. This shutdown of the paper machine at the Evadale mill is expected to occur by the end of 2020 and reduce headcount at […]
27
Sep
Sep
WestRock Company, a leading provider of differentiated paper and packaging solutions, today provided an update following the landfall of Hurricane Florence. We are pleased that we have had no reported employee injuries and do not believe we have suffered any material physical damage to our facilities during the recent storm. We are working to restore […]