Press Releases

Press Releases

OpenGate Capital, a global private equity firm, announced today it has signed an agreement to sell one of its portfolio companies, Kotkamills Oy, to MB Funds, an independent Finnish private equity firm focused on acquisitions in the Nordic market. Kotkamills is located in Kotka, Finland and is a manufacturer of…

Press Releases

Stephen Faehner, President and CEO of American Wood Fibers, Inc. (AWF) and Geoff Freidman, President of Lost Coast Forest Products (LCFP) are excited to announce the acquisition of LCFP by AWF. LCFP is a market leader and national supplier of USDA approved, kiln dried packaged firewood and accessories in the…

Press Releases

OECD’s national contact point in France has concluded the assessment of a complaint related to the sales and closure process of UPM Docelles mill. As a result of this review, OECD has acknowledged that UPM has acted in accordance with all applicable laws, implemented the social plan and set up…

Press Releases

Resolute Forest Products Inc. today announced the permanent closure of paper machine #9 at its mill in Alma (Quebec), representing a reduction of 75,000 metric tons of annual specialty papers production capacity. Resolute's decision to reduce specialty papers production capacity is driven by market weakness, exacerbated by fiber cost issues…

Press Releases

April 28-30 will see Jakarta's prestigious International Expo Centre open its doors to the most important pulp and paper exhibition in the region. All major suppliers in the industry will agree that Indonesia has rapidly become more and more important to the global pulp and paper industry and it is…

Press Releases

Valmet will deliver equipment and services for a rebuild of the soft wood pulp line at Holmen's Iggesund mill in Sweden. The rebuild will improve production stability, cut variable costs and increase pulp production capacity by 15 percent equally to 50,000 tonnes. The works will be implemented in two stages…

Press Releases

Canfor Pulp Products Inc. (CFX) announced today that it has received regulatory approval to renew a normal course issuer bid first launched in March, 2013. Under the new bid, the Company may purchase for cancellation up to 3,541,491 Common Shares or approximately 5% of the 70,829,823 Shares outstanding as of…

Press Releases

Neenah Paper, Inc. announced today that the Company will be presenting at the Sidoti & Company 19th Annual Emerging Growth Institutional Investor Forum at the Grand Hyatt Hotel, New York. John O'Donnell, President and Chief Executive Officer, and Bonnie Lind, Senior Vice President, Chief Financial Officer and Treasurer, will be…

Press Releases

Interfor Corporation announced today it has completed the acquisition of four sawmills from Simpson Lumber Company, LLC, increasing its annual lumber production capacity by 30 percent to 3.1 billion board feet and reinforcing its position as the fastest growing lumber company in the world. The purchase of the sawmills in…

Press Releases

Boise Cascade Company announced that Steven C. Cooper was elected to its Board of Directors (Board) on February 25, 2015. Mr. Cooper is president and chief executive officer and a director of TrueBlue, Inc., a New York Stock Exchange listed company based in Tacoma, Washington.  TrueBlue is one of the…