Major Announcements

The mill was shut down indefinitely as elation over the stunning news that that no one was harmed shifted to worries Thursday about the future of the mill that employs 500 people and is the town's largest taxpayer.

The Swanson Group is laying off 300 workers from its plywood mill in Glendale and cutting the pay of those still working due to a shortage of orders, as businesses grind to a halt during the COVID-19 pandemic.

A DuPont employee has died due to COVID-19 complications and four other employees have tested positive at the facility in Chesterfield.

Sappi's board of directors and the group and regional leadership teams from Europe, North America and Southern Africa have volunteered to take a 10% reduction in salaries or fees for the three months ending June 30.

The mill was shut down indefinitely as elation over the stunning news that that no one was harmed shifted to worries Thursday about the future of the mill that employs 500 people and is the town's largest taxpayer.

West Fraser Timber has obtained from a syndicate of lenders an additional $150 million committed revolving credit facility.

He was 58 years old.

Mondi is committed to playing its part to produce important supplies and components during the COVID-19 outbreak.

Australia's richest man Anthony Pratt has donated $1million to fund the trial of two drugs that may help patients suffering from COVID-19.

LP Building Solutions announced adjustments to operating schedules, reductions in capital expenditures, and steps to enhance an already strong balance sheet. LP also announced amended guidance consistent with these plans and the uncertainties surrounding the impact of COVID-19, governmental responses, and subsequent economic recovery.

Canfor Pulp Products Inc. is announcing actions in response to the COVID-19 pandemic and resulting economic uncertainty.

Sappi has declared force majeure on the Vulindlela expansion and upgrade project at its Saiccor Mill in alignment with the South African Government's declaration of a nation-wide lockdown to combat the COVID-19 Epidemic.

Lecta says it has decided to stop production at the Cartiere del Garda woodfree coated paper mill in Italy amid the rising number of coronavirus infections in Europe and related industrial and logistical issues. Operations are to be stopped 19 March at the end of the second shift and the downtime is scheduled to last until 25 of March.

Investigators were back on the scene Monday, March 16, to determine the origin of an early morning fire that caused extensive damage to the International Paper mill in Coosa.

Work is progressing on a new headquarters of Fischer Paper Products, an Antioch-based paper packaging company for which the Village Board approved incentives worth $3.5 million last year to keep it in town.

As a precautionary and risk-minimization measure for its shareholders, Essity has decided - in consultation with experts and in response to feedback from concerned shareholders - to implement special arrangements in conjunction with Essity's Annual General Meeting on April 2, 2020.

IT Tech Packaging, Inc. , a manufacturer and distributor of diversified paper products in North China, on March 10 announced that the Company have resumed 70% of its full capacity of production as of March 5, 2020, following the strict measures put in place for the control and prevention of the Covid-19 spread. The Company expects to resume the rest of the production in the next couple days.

Oregon-based Total Fiber Recovery LLC will invest $49 million to establish its first pulp recycling facility in Chesapeake, creating 68 jobs, Gov. Ralph Northam says.

DS Smith announced the opening of its first recycling facility in the United States, the company's latest expansion of its business operations in North America.

Stora Enso is offering a possibility to follow its Annual General Meeting (AGM) via webcast as a precautionary measure to decrease any risk of infection of the new COVID-19 coronavirus.

Verso Corporation on March 11 announced that Michael A. Weinhold has resigned as President of Verso, effective March 10, 2020.

Rayonier Advanced Materials Inc. announced that the Company's Board of Directors will nominate and appoint two new independent directors to the Board.

McKinley Paper Company is producing paper at a mill that had been dormant for three years, a representative for the state agency referring job applicants to the mill said Wednesday.

LSC Communications, Inc. announced that Sententia Group, LP has nominated 6 individuals to stand for election as directors at LSC's 2020 Annual Meeting of Shareholders.

Paperitalo Publications Senior Editor Charles Edward "Chuck" Swann passed away Monday, Feb. 17, 2020 at the age of 87.