Industry News

Firm recommends Plum Creek shareholders vote in favor of merger with Weyerhaeuser

Jan 25, 2016 at 10:00 am by admin

SEATTLE -- Plum Creek Timber Company, Inc. announced that Institutional Shareholder Services ("ISS"), a leading independent proxy advisory firm, has issued a report recommendi.... Read More

Canfor announces the purchase of Wynndel Box and Lumber

Jan 22, 2016 at 10:30 am by admin

VANCOUVER -- Canfor Corporation announced that it has entered into an agreement to purchase the assets of Wynndel Box and Lumber Ltd., located in the Creston Valley of British.... Read More

Sappi invests Euro 25 million to upgrade its Lanaken and Kirkniemi mills

Jan 22, 2016 at 10:30 am by admin

Sappi Limited says it has approved investments of some Euro 25 million for mill upgrades in Europe during the course of 2016.Sappi Lanaken Mill will improve the performance of.... Read More

If Verso goes bankrupt, it will be the largest filing in the sector since 2011

Jan 21, 2016 at 10:30 am by admin

NEW YORK -- An expected Chapter 11 bankruptcy filing by Verso Corp. would boost the mid-January trailing 12-month (TTM) high yield bond default rate to 3.7% from 3.4% at year-.... Read More

WestRock completes acquisition of Cenveo Packaging

Jan 21, 2016 at 09:30 am by admin

NORCROSS, Ga. -- WestRock Company announced that it has completed the acquisition of Cenveo Packaging, a provider of value-add folded carton and litho-laminated display packa.... Read More