Major Expenditures

Announces strategic investment to build new TimberStrand® facility in Arkansas.

Metsä Board is advancing with its significant investment to modernise the Simpele folding boxboard mill, focused on further enhancing product quality, production efficiency, and reducing the carbon footprint of its operations and products.

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

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

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.

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.

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

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.

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.

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.

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

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

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 €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.

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.

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.

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

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

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.

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.

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.

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

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.

The Waldo modernization and expansion project is a $131 million strategic investment that is expected to increase the mill's annual capacity by 85 million board feet, improve recovery by 6%, and reduce cash processing costs by approximately 30%.

MM Kotkamills has built a new Sheeting Centre with two state-of-the-art sheet cutters and related automation. This investment of more than Euro 30 million for the further processing of cartonboard will strengthen MM Kotkamills' position as a supplier of cartonboard sheets in the European market.