Major Expenditures

Sofidel proudly marked the beginning of a new chapter in its Duluth mill with a groundbreaking ceremony for expansion.

Nordic Paper has decided to approve environmental investments of up to SEK 450 million relating to water at the Bäckhammar pulp and paper mill in Sweden. The investments are prerequisites in a new production permit for increasing production volume above the level permitted today.

The mill, which produces consumer tissue products, is adding a warehouse and building a new trailer yard.

The laboratory is expected to be completed by the end of 2025, and the investment value is approximately EUR 6 million.

Once fully ramped up, the machine will produce 420,000 tonnes of high-quality recycled containerboard annually, increasing Mondi's integration and enhancing security of supply for customers.

In its announcement, Pratt predicted the investment would lead to 5,000 new jobs across the US, including in key electoral states Arizona, Michigan, Ohio, and Pennsylvania.

This broad-based investment program centers on two transformative projects: a new advanced manufacturing facility in Warren, Ohio, and an expansion of its Beech Island, South Carolina, site with a state-of-the-art automated distribution center. It also includes additional capital expenditure linked to innovation and automation upgrades across its North America supply chain network.

Mondi, a global leader in sustainable packaging and paper, is pleased to announce that following the start-up of its state-of-the-art paper machine at its Štětí mill (Czech Republic) in December 2024, early production runs have demonstrated excellent results in terms of strength, runnability and consistent quality.

UFP Industries, Inc. announced its Deckorators® brand continues to expand market presence with the acquisition of a 30-acre site in Lackawanna, a suburb of Buffalo, New York.

PM11 has the capacity to produce up to 470,000 tonnes of corrugated base paper annually, operating at a width of 8.9 metres and a speed of 1,600 metres per minute.

Plans for a paper manufacturing plant in Trumbull County are moving along, and an announcement could come as soon as May, according to Howland Township Trustee James LaPolla.

Sofidel proudly marked the beginning of a new chapter in its Duluth mill with a groundbreaking ceremony for expansion.

British Columbia has committed more than $97 million to support forestry-sector manufacturers through the BC Manufacturing Jobs Fund (BCMJF), contributing to the protection of over 3,500 jobs and attracting $680 million in private investment.

The Government of Canada has announced an investment exceeding $20 million to support 67 projects aimed at strengthening British Columbia's forest sector. The funding, unveiled by Minister Jonathan Wilkinson, will enhance competitiveness, sustainability, and resilience in the industry.

The Euro 7.1 million investment completed with cutting-edge technology aims to elevate Saica Flex's operations and support the group's rapid growth, marking a pivotal milestone in the division's journey towards enhanced production and sustainability.

Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions for food, beverage and industrial applications, announced a $50 million investment in its Cedar Rapids, Iowa facility to modernize and expand the production of industrial starches for the packaging and papermaking industries.

UFP Packaging, a subsidiary of UFP Industries, expanded its U.S. manufacturing footprint by opening a new 165,000-square-foot corrugated facility in Jeffersonville, Ind., that will continue to undergo advancement and expansion throughout 2025. The latest expansion features advanced graphics and production capabilities for retail and e-commerce markets.

With this new project, Saica Group will create more than 100 new jobs in the State of Indiana once the facility is operating at full capacity.

Northern Pulp, the company behind a Nova Scotia mill that shut down four years ago amid environmental shortcomings, says it will cost $2.5 billion to build a new, cutting-edge plant on the province's southwest shore.

Metsä Group has signed an agreement for partial funding from the EU Innovation Fund, securing a maximum grant of Euro 86.5 million for its Muoto packaging product mill planned for construction in Rauma, Finland. The company confirmed the agreement following negotiations that began in October 2024, according to Metsä Group.

According to the EPA, the company has not started any construction on the property, but the Western Reserve Port Authority remains optimistic about the project.

Kruger Inc. announced a $6.5-million investment to implement an innovation project aimed at diversifying production at its Wayagamack Mill in Trois-Rivières.

According to the ordinance's language, Kimberly-Clark Corporation and Kimberly-Clark Palmetto Inc. "acting for themselves, one or more current or future affiliates, and other project sponsors" would like to "establish and/or expand a manufacturing and distribution facility in county."

First Quality Tissue Midwest will invest $984 million in the project and has committed to create more than 400 new jobs and $22.5 million in new annual payroll by 2032.

New facility project will store up to 9,000 pallets and support local employment, reinforcing Saica Group's long-term commitment to the UK Northeast market.