Major Expenditures

Kruger Inc. announced a $23.75 million investment in an innovative demonstration project for carbon capture and reuse at its Wayagamack Mill in Trois-Rivières, Canada.

Rayonier Advanced Materials Inc., the global leader in High Purity Cellulose, announced it has raised a €67 million in green capital.

Over 250 representatives from leading manufacturers across Poland are expected to join discussions on the future of packaging at Mondi Warsaw customer event.

This 30,000-square-foot facility extends service to Eastern Canadian customers and complements an existing network of three factories and two other terminals that collectively service North America-based customers.

Huhtamaki is pleased to announce the commencement of smooth molded fiber (SMF) production at Huhtamaki's existing molded fiber facility in Lurgan, Northern Ireland. This expansion marks an important step in Huhtamaki's ongoing commitment to meeting the growing demand for sustainable packaging solutions.

KP Tissue Inc. and Kruger Products Inc., Canada's leading tissue products manufacturer, are pleased to announce the completion of the construction of a new plant on a site adjacent to the existing Sherbrooke TAD facility and the successful start-up of their new double-width light dry crepe (LDC) tissue machine with a capacity of 60,000 metric tons.

The project would create over 400 new jobs and increase the UK's self-sufficiency in this market by 30 percent.

Metsä Group marked the inauguration of the bioproduct mill in Kemi on Wednesday, 23 October 2024. The mill was inaugurated by President of Finland Alexander Stubb, chair of Metsäliitto Cooperative's Board of Directors Jussi Linnaranta, and President and CEO of Metsä Group Ilkka Hämälä.

Canadian owned and operated Atlantic Packaging Products, Ltd., located in Scarborough, Ontario, Canada, is pleased to announce the opening of its newest manufacturing plant in Hamilton, Ontario. This state of the art facility was developed in response to customer needs, allowing the company to enhance its ability to provide sustainable, high-quality packaging solutions while expanding capacity to support customer growth.

The first new Dixie® facility in more than 30 years, this state-of-the-art facility will meet growing consumer product demand.

As previously announced, upgrade increases Kraftliner production capacity by 55,000 tonnes per annum.

According to company leaders, the $550 million expansion will create over 100 new jobs. About 850 people worked at the Broadway facility before the expansion.

Georgia-Pacific said it will redevelop its namesake 51-story downtown tower into a mixed-use destination.

Stora Enso has started operations in its new head office, Katajanokan Laituri, in Helsinki, the largest mass timber building in Finland.

Port Hawkesbury Paper is pouring $400 million into the construction of a wind farm in Nova Scotia's Guysborough County that is targeted to supply 60 per cent of the paper mill's current power needs.

Up to 2,000 contractors are working to transform Shotton Mill in Flintshire into one of the UK's largest cardboard and tissue production facilities, which it is hoped will start operating next year.

The €17.6m ($19.7m) upgrade is part of a broader €33.9m investment plan aimed at enhancing production capacity, energy efficiency, and innovation in the Greek packaging market.

Menasha Packaging, a leading provider of innovative packaging solutions, announces a groundbreaking investment in its North American preprint capabilities. With a commitment of over $50 million, Menasha is poised to revolutionize the preprinted graphic packaging space.

Containerboard production at Norske Skog Golbey in France is expected to start during the first quarter of 2025, previously the second half of 2024.

Kruger Inc. announced a $32.4 million investment at its Kamloops Pulp Mill to implement innovative technology to diversify its product portfolio and expand into fast growing markets. In addition to improving Kruger Kamloops' competitiveness, performance, and environmental footprint, this initiative will contribute to securing 340 jobs at the Mill, as well as 1,000 indirect jobs in B.C.

The $250 million investment project in the Duluth mill will include approximately 600,000 square feet expansion. The redevelopment includes four building additions to expand manufacturing, packaging, warehousing and shipping.

APRIL, a member of the RGE group of companies, announced that it has invested more than Rp100 trillion (approximately US$6.4 billion) in transforming Pangkalan Kerinci from a small village in Pelalawan regency, Riau, into a thriving industrial complex.

Turkish industrial and retail group Eren Holding AS has secured a €775 million ($854 million) loan to finance a $1.3 billion container-board and tissue mill in Wales, in a boost to foreign direct investment in UK manufacturing.

Metsä Group's Kerto LVL mill project is progressing as planned in Äänekoski, Finland, and the mill has reached its rooftop height.

Pregis®, a leading global manufacturer of protective packaging, mailing and bagging, and flexible packaging solutions, has made significant investments in new production lines at its Bethel, Pennsylvania, and Reno, Nevada facilities to increase capacity for its Pregis EverTec™ Mailer portfolio, with a particular focus on the EverTec Non-Cushioned Mailer. This investment underscores the company's commitment to meeting the growing needs of ecommerce fulfillment and retail industries.