MEMPHIS, TN, June 2, 2014 (Memphis Business Journal) -John Faraci, CEO of International Paper Co. (NYSE:IP) is planning to retire in March. The company's board policy requires its CEO to retire at age 65. Faraci will turn 65 in February 2015, so his retirement will be effective March 1, 2015.
VIENNA, June 2, 2014 (Press Release) -At this year's RosUpack in Moscow, from 17 to 20 June, Mondi Containerboard will be showcasing ProVantage Komipak and ProVantage Komiwhite, two paper grades from its Appearance portfolio.
LANCASHIRE, UK, June 2, 2014 (Press Release) -As phase one of the recently announced £8m investment, leading independent food and drink packaging manufacturer, TRM Packaging, has now announced a £1m upgrade to its corrugator.
GRAZ, Austria, June 2, 2014 (Press Release) -GAW Paper Coating Systems, USA, has been awarded with the order by Voith for the complete Wet End Chemicals System, Coating Kitchen and Working Stations for the new BM 4 at Tamil Nadu Newsprint and Papers Limited, India (TNPL).
SPRINGFIELD, MA, May 30, 2014 (Press Release) -The Paperboard Packaging Council (PPC) recently hired Clyant Sirois as Member Services Coordinator and Brian Westerlind as Communications Manager.
OAKLAND, CA, May 23, 2014 (PPI Pulp & Paper Week) -Longtime, key shareholders of Graphic Packaging -- Texas Pacific Group (TPG) and the Coors family -- sold their remaining combined 13.35% stake in the company in a $455.6 million trade to Goldman Sachs toward a secondary offering of 43.65 million shares that was commenced May 19.
BRISTOL, TN, May 23, 2014 (Local News) -Triad Packaging Design and Display, a company started in Bristol in 1984 by President and CEO Lee Shillito, has recently closed a deal to become a division of the fifth-largest corrugated packing company in the U.S.
LONDON, May 31, 2014 (Press Release) -As part of DS Smith's programme to support UK growth, the corrugated packaging supplier is now looking to make a substantial investment in its Sheetfeeding operation.
ROCHESTER, NY, May 29, 2014 (Press Release) -Diamond Packaging won three awards in the 21st annual FSEA Gold Leaf Awards Competition, the industry's premier showcase for foil stamping, embossing, and other specialty effects. Awards were announced last month at the FSEA•IADD Joint Conference in Milwaukee, WI.