BRUSSELS, March 10, 2016 (Press Release) -Broadening their influence to new markets, Graphic Packaging International has developed a premium range of Patisserie Cartons. The result of a 6 month collaboration with LINPAC Packaging, the five carton styles offer exciting new packaging solution for cakes, cream buns, gateaux and pastries.Read more
2016 is set to be another great year for innovation by Graphic Packaging International as it prepares to reveal an impressive swathe of new high-end packaging solutions at the Packaging Innovations Exhibition in February.
Graphic Packaging International, Inc. (GPK) will be exhibiting at Pack Expo Las Vegas from September 28-30, 2015 at the Las Vegas Convention Center. The company will showcase its latest packaging and machinery solutions at this year's event, including an unprecedented three machines with a variety of features and benefits to address the most challenging packaging automation issues.Read more
ATLANTA, GA, May 20, 2015 (PRNewswire) - Graphic Packaging International, Inc. today announced the appointment of Michael P. Doss as President and Chief Operating Officer, reflecting an expansion of his previous role of COO. Mr. Doss has also been appointed to the Board of Directors of Graphic Packaging Holding Company. He will continue to report directly to the company's Chairman and Chief Executive Officer, David Scheible.Read more
ATLANTA, May 13, 2015 (PRNewswire) - Graphic PackagingInternational, Inc. is proud to announce that our Chairman, President and Chief Executive Officer David Scheible was named Executive Papermaker of the Year by PaperAge magazine. This has been a paper industry tradition since 1988 and is awarded based on corporate vision, strategic objectives and strong leadership both within the executive's company and in the paper industry as a whole.Read more
The 100% Recycled Paperboard Alliance (RPA-100%) announced today that it is celebrating its 20th anniversary in 2015 and is launching a fully redesigned web site as a way to mark the occasion. The RPA-100% was founded 20 years ago with one clear-cut goal: promoting the positive attributes of 100% recycled paperboard among consumer product goods companies and consumers.Read more
Fourth Quarter Highlights
Q4 Adjusted Earnings per Diluted Share increased to $0.21 versus $0.17 in the prior year period.
Q4 Adjusted EBITDA increased to $171.8 million versus $158.3 million in the prior year period.
Company initiates $0.05 per share quarterly dividend and $250 million share repurchase program.
Company acquires folding carton converting and paperboard mill assets of Cascades' Norampac Division.
Cascades Inc. has reached an agreement for the sale of its North American boxboard manufacturing and converting assets to Graphic Packaging Holding Company for $44.9 million.
The Cascades boxboard units affected by the transaction are:
East Angus, Québec, a mill that manufactures recycled coated boxboard for the production of folding cartons. Founded in 1910, it was purchased by Cascades in 1983.