KapStone Paper and Packaging Corporation is announcing that due to seasonally softer market conditions, it will temporarily curtail operations at its Longview Mill beginning Monday, Dec. 21 at 7:00 a.m. The curtailment is expected to last seven days for the entire mill and will be extended an additional two days for certain product grades and paper machines. No other KapStone mill location will be taking market-related downtime during this period. This measure will not affect customer orders and service.
About the Company
Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is the fifth largest producer of containerboard and corrugated packaging products and is the largest kraft paper producer in the United States. The Company has four paper mills, 22 converting plants and 65 distribution centers. The business has approximately 6,200 employees.
Statements in this release that are not historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can often be identified by words such as "will," "expect," or other similar expressions. These statements reflect management's current views and are subject to inherit risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these statements, including but not limited to: industry conditions, market and economic factors, and the ability of the Company to carry out the its strategic initiatives. Further information on these and other risks and uncertainties is provided under Item 1A "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2014 and elsewhere in reports that the Company files with the SEC. These filings can be found on the Company's website at KapStonepaper.com. Forward-looking statements included herein speak only as of the date hereof and the Company disclaims any obligation to revise or update such statements, except as required by law.