Major Expenditures

Pratt Industries is America's fifth-largest corrugated packaging company and the world's largest, privately-held 100% recycled paper and packaging company. The new facility, called the Intermodal Logistics Center, is part of a 502,428 square foot, $32.9M investment being constructed by Taylor & Mathis.

Metsä Fibre is building the world's most modern sawmill in Rauma, Finland. The construction work began in May 2020, and the sawmill's foundation stone was laid on Thursday 25 March 2021. Due to the coronavirus situation, the foundation stone was laid by Harri Haapaniemi, Project Director, and Liisa-Maija Perävainio, Sawmill Director, without external participants.

After breaking ground two and a half years ago, Green Bay Packaging produced the first reel of paper at its new paper mill.

DS Smith has announced a £100 million of combined investment in two new packaging sites in Italy and Poland in response to increased customer demand.

Smurfit Kappa UK & Ireland is investing in high quality print and conversion equipment in Tannochside, Scotland.

Hong Kong-headquartered Nine Dragons Paper announced it will invest US 1.3 billion to open two manufacturing facilities in Malaysia.

Together, these investments and financial contributions total $961.1M and will lead to the creation and retention of 376 jobs in the Sherbrooke region, as well as protect 267 jobs related to the Kruger Wayagamack plant in Trois-Rivières, Québec.

Packaging Corporation of America announced that it has discontinued production of uncoated freesheet (UFS) grades on the No. 3 paper machine at its Jackson, AL mill and will begin preparing for the permanent conversion of the machine to linerboard.

A major construction project at the Louisiana Pacific Houlton mill in New Limerick will begin this summer. $150 million dollars is being invested in the project that will convert the mill to manufacture LP's Flagship product.

Pregis, a leading manufacturer of protective packaging, is announcing a new 300,000 square foot manufacturing facility in Bethel, Pennsylvania. The plant will be producing lightweight, recyclable all-paper cushioned mailers to support demand in the Northeastern region of North America.

Paper Excellence has recently invested more than $600,000 in engineering and consulting work focused on restarting the Prince Albert pulp mill. Paper Excellence originally purchased the Prince Albert pulp mill in 2011. It now plans to restart the facility as soon as possible once the current non-compete agreement with the former owner expires in March 2021.

In a fourth quarter earnings call on Feb. 2, 2021, Graphic Packaging International announced it would invest $100 million at its mill in Texarkana, Texas.

BillerudKorsnäs will invest in a new recovery boiler at the Frövi mill in Sweden. The total investment is estimated to SEK 2.6 billion ($313 million) and the new recovery boiler is planned to be in operation at the end of 2023.

The project began in May 2019 following a decision to invest EUR 350 million, and it was completed within the budget frame.

The Memphis tissue-making facility, K.T.G (USA), will add 27 jobs and invest more than $20 million in equipment to produce facial tissues, its parent company announced.

It plans to upgrade its recovery boiler system, filtration, condenser and acid system used in the papermaking process.

The €67 million investment in the machine makes it Europe's first dedicated paper machine for speciality kraft paper grades made out of fresh and recycled fibre for retail and online shopping bags.

SCA's investments in Östrand pulp mill, in addition to the ongoing investments in pulp production at the Ortviken industrial site, will more than double the volume of pulp to be shipped from the Sundsvall region.

The financing will support the conversion of a former pulp and paper mill in the Finnish city of Oulu, from production of wood-free coated printing paper, into packaging board manufacturing mainly for the food and beverage sector.

The new Pratt Industries building will be about 925,000 square feet.

In order to respond to the fast development of the retail business and egg packaging industry in Eastern and Central parts of Russia, the company is setting up a new fiber packaging manufacturing plant at its existing site in Alabuga, Tatarstan.

The investment of EUR 80 million will enhance Stora Enso's production capabilities for premium packaging board.

Paper Excellence plans to invest over $13 million at its Port Alberni paper mill in British Columbia, Canada. Detailed engineering for the project will start shortly followed by procurement of needed equipment.

Innovative, fully digitized processes will significantly increase the efficiency of waste paper processing and at the same time reduce the specific consumption of energy and water.

A $140 million investment will increase employment by 10 percent at Kimberly-Clark.