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Rayonier Advanced Materials gooses offer for Tembec

Jul 24, 2017 at 10:15 am by admin

JACKSONVILLE, Florida (From news reports) -- Rayonier Advanced Materials said it raised its offer price for Canadian paper and cellulose pulp maker Tembec Inc to C$4.75 per sh.... Read More

WestRock to lay off 152, close Wheatley Heights, N.Y. facility

Jul 20, 2017 at 10:15 am by admin

WHEATLEY HEIGHTS, N.Y. (From news reports) -- WestRock Co. is closing its Wheatley Heights plant and laying off 152 employees, according to a WARN notice filed with the state..... Read More

Tembec warns its stock price risks falling if Rayonier takeover offer is rejected

Jul 20, 2017 at 10:15 am by admin

MONTREAL, Quebec (From news reports) -- Tembec is warning that its shares risk falling if shareholders vote next week to reject a US$807-million friendly takeover offer from R.... Read More

Another fire at KapStone facility

Jul 19, 2017 at 10:15 am by admin

LONGVIEW, Washington (From The Daily News) -- KapStone was the site of another smoldering fire early Tuesday morning, but it was much smaller than last week's fire in Machine.... Read More

Verso paper mill in Jay, Maine makes 120 layoffs permanent

Jul 19, 2017 at 10:15 am by admin

JAY, Maine (From The Bangor Daily News) -- Verso Corp. has decided not to bring back 120 employees laid off earlier this year after the company idled its No. 3 paper machine i.... Read More