Major Announcements

Verso Corporation and Lapetus Capital II LLC (together with its affiliates, including Atlas Holdings LLC, "Atlas") and Blue Wolf Capital Advisors IV, LLC ("Blue Wolf") and their respective affiliates, announced that they have reached an agreement to settle the pending proxy contest with respect to the Company's 2019 Annual Meeting of Stockholders (the "Annual Meeting") and certain other matters.

After just over seven years as President and CEO, Lars Idermark has informed the Board that he will be leaving Södra. The Board will now initiate a recruitment process for a new President and CEO.

Some 9,000 workers at Finnish paper mills will start a three-week strike on Monday, Jan. 27 after wage talks broke down, their labor union said in a statement, the latest in a series of labor conflicts to hit Finland.

CatchMark Timber Trust, Inc. announced that Brian M. Davis, previously President and CFO, will succeed Jerry Barag as the company's next CEO and join the company's Board of Directors, effective immediately.

McKinley Paper Company is expected to be running at full capacity at the former Nippon Paper Industries USA plant in March, three years after operations ceased at the 100-year-old Ediz Hook mill.

Arsen S. Kitch will lead paper and tissue manufacturer Clearwater Paper Corp. beginning April 1.

"Pixelle provides innovative solutions to our customers," said Tim Hess, CEO, Pixelle Specialty Solutions, "and this new state-of-the-art website is our latest solution to enhance our customers' experience with us as their supplier and partner."

Mondi Plc's chief executive officer Peter Oswald is stepping down after nearly three years in the role overseeing the company's shift to producing more cardboard packaging whilst battling rising industry costs.

Over the next three years, J.D. Irving, Limited (JDI) is forecasting over 6,800 full time hires as well as 2700+ student hires across the company's diverse operations in Canada and the U.S.

Kimberly-Clark Corporation announced executive leadership changes to accelerate the company's progress toward achieving its K-C Strategy 2022 goals.

Sappi North America, Inc., a leading producer and supplier of diversified graphic and release papers, packaging products and dissolving wood pulp, announced that its Somerset Mill in Skowhegan, Maine is certified to the ISO 22000:2018 Food Safety Management System (FSMS) standard.

"Pixelle Specialty Solutions has promoted Timothy R. Hess to Chief Executive Officer (CEO).

Universal Forest Products, Inc. announced it has completed the reorganization of its operations and is now operating as UFP Industries, a change announced in August 2019.

If the private equity firms win the election next month, it will likely pave the way for a merger of Verso and Twin Rivers and derail the $400 million sale of Verso mills in Jay and Stevens Point, Wisconsin, to specialty paper company Pixelle Specialty Solutions, the board warned.

Verso is seeking to replace the leadership of its board of directors to ward off the election a competing slate of nominees chosen by a group of investors that Verso says is waging a proxy war for control of the company.

Fortress Global Enterprises Inc. announces that it has failed to receive any indications of interest pursuant to its previously announced strategic and financing initiative by the required deadline under the financing agreement entered into among the Company's wholly owned subsidiaries, Fortress Specialty Cellulose Inc. and Fortress Bioenergy Ltd.

LSC Communications, Inc. announced that it received notification from the New York Stock Exchange (NYSE) on November 20, 2019, that the Company is no longer in compliance with NYSE continued listing criteria, which require listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period.

The Lenzing Group officially launched construction work in Prachinburi, Thailand right on schedule to build the world's largest lyocell production plant.

Resolute Forest Products said Thursday it is "indefinitely idling" its Augusta newsprint mill effective immediately, leaving 160 employees without work.

The company said it will add 350,000 tons per year of OCC pulping capacity at its Wallula, Wash. mill, which currently produces predominantly virgin linerboard and medium, materials used in containerboard production.

Verso Corporation announced that Michael A. Weinhold has been named President of the company, reporting to Chief Executive Officer Adam St. John, effective immediately.

The building is expected to be completed in 2023.

Sussex-based Quad/Graphics Inc. plans to sell its U.S. book business as part of its Quad 3.0 transformation strategy.

Fortress Global Enterprises Inc. announces that the Toronto Stock Exchange has notified the Company that it is reviewing the eligibility of the Company's securities for continued listing on the TSX pursuant to the requirements of the TSX Company Manual.

Georgia-Pacific is idling two rural South Carolina facilities that employ 240 workers, blaming sluggish conditions in the U.S. home-building industry.