With the holiday season just over, millions of shoppers made decisions about what wrapping paper and packaging they will need to purchase for their gifts. What might surprise many is how much consumer commitment towards environmentally sustainable packaging has increased.Read more
Rock-Tenn Co. and MeadWestvaco Corp. have entered into a definitive combination agreement to create a leading global provider of consumer and corrugated packaging ("NewCo") in a transaction with a combined equity value of $16 billion. The combined company, to be named prior to closing, will have combined net sales of $15.7 billion and adjusted EBITDA of $2.9 billion, including the impact of $300 million in estimated annual synergies to be achieved over the next three years.Read more
QuadTech appoints Tim Hilton from Innovo Packaging Technology, as a UK agent for sales of QuadTech web inspection and color control systems for the packaging sector.Read more
Curtis Packaging, Sandy Hook, Conn., has promoted Kerry Brown to vice president of operations and Mike Simko to vice president of sales.
In Brown’s new role, he has the responsibility for the full operational management of a $35 million dollar packaging company with 150 employees. He is responsible for the management of safety, quality, scheduling, sustainability, design, risk assessment, prepress, all manufacturing processes, shipping, and capital asset justification and acquisition.Read more
Xeikon, innovator in digital printing technology, has made Metsä Board, Europe's leading producer of fresh forest fibre cartonboards, a member of its Aura partner network, following rigorous testing and certification of six cartonboards. The boards now recognised as certified substrates for Xeikon 3000 Series presses are Carta Allura, Carta Elega, Carta Solida, Avanta Prima, Simcote and Carta Integra.Read more
A worker at International Paper's Ticonderoga mill who suffered severe burns Friday morning has died.
Jorg Borowski, 57, of Schroon Lake died Friday evening at The University of Vermont Medical Center in Burlington.
Borowski was on the maintenance crew at the mill. He was injured in an accident at the mill's Power House, which burns fuel oil and bark to generate electricity for the plant's two paper machines.Read more
RockTenn today reported earnings for the quarter ended December 31, 2015 of $0.88 per diluted share and adjusted earnings of $0.96 per diluted share.
Chief Executive Officer's StatementRead more