Major Expenditures

At capacity, the 1.1 million square foot plant - one of the largest and most modern of the company's 71 factories spread across 25 US states - will provide 375 full-time, high-paying, green-collar manufacturing jobs. That brings Pratt's total workforce to 11,500.

The plant's construction commenced in January 2023.

The mill's annual production capacity is approximately 160,000 cubic metres, which represents a 50 per cent increase in the company's total Kerto LVL capacity.

Georgia-Pacific is embarking on a $18 million upgrade that will modernize the Camden Plywood plant and help increase efficiency.

Smurfit Kappa has operated in Mexico since 1957 and has had a presence in the northern Baja California region for over 10 years.

DS Smith Cartogal packaging plant located in the town of A Pobra do Caramiñal, in Galicia, Spain, will soon see an increase in size, production and storage capacity after a milestone investment of Euro 11.35 million.

Visy has unveiled a major $48 million upgrade to its recycling and remanufacturing facility on Gibson Island in Brisbane.

Shortly after buying the facility in 2018, ND Paper announced it would invest $189 million in the Biron mill. The company pointed to growth in packaging and e-commerce, as well as consumer demand for more sustainable products, for the changes it has made.

Ortviken's new factory facility was inaugurated on 16 May 2023 with a ceremonial speech by Berit Högman, Governor of Västernorrland County, and a "ribbon cutting" by timber sports profile Ferry Svan. This means that the journey towards the production of 300,000 tonnes of climate-smart CTMP pulp has formally begun.

A news release says the project, located at the company's existing 50-year-old Hawesville mill, will upgrade the current pulper with a modern pulper to gain additional machine capabilities and better service growing markets. Officials say leaders at Domtar plan to have the expansion fully operational by the end of 2025.

Investment has created one of the most high-tech packaging plants in Europe.

Mondi, a global leader in sustainable packaging and paper, is upgrading its Dynäs pulp and paper mill in Sweden. The modernisation programme will increase efficiency and further improve the overall environmental performance of the mill, positioning it well to continue meeting customer demand for sustainable paper and paper-based packaging solutions.

Hood Industries, Inc. announced its plans to build a new, laminated plywood panel manufacturing facility in Beaumont, Mississippi.

International Paper's Cedar River Mill, the largest 100-percent recycled paper mill in the Americas -- broke ground Monday on its expansion project to generate an alternate steam supply and transition off coal-powered steam.

The investment is planned to be operational in 2024.

Packaging and speciality paper manufacturer Sappi Europe has invested a double-digit million euro sum in a new plant to produce innovative high-barrier papers - including an all-new type of barrier coating machine. Recently put into operation at the company's Alfeld site in Germany, the in-house solution will produce high-barrier papers for recyclable packaging for food and non-food applications.

The MM Group (MM) has approved a comprehensive investment project to increase the long-term competitiveness of its largest board and paper mill, MM Kwidzyn in Poland. Energy and CO2 cost reduction, pulp integration and entry into the market for sack kraft papers are to set the mill up for sustainable future success.

Holmen is investing SEK 450 million ($43.9 million) in rebuilding a paper machine at Braviken Paper Mill in Sweden.

Resolute Forest Products Inc. held a ceremony to inaugurate its new commercial-scale plant for the production of cellulose filaments at its Kénogami paper mill in Saguenay, Quebec.

As part of a planned $108 million project, Georgia-Pacific has given the green light on $50 million in upgrades to boost paper towel output at the company's Port Hudson paper mill in Zachary, company officials said Monday.

The project includes the new construction of a 4,000 m2 planing house adjacent to a sawmill.

Roseburg Forest Products announced Friday (April 14) that it planned to invest $700 million over the next four years to upgrade and expand its manufacturing operations in Southern Oregon, where the company was founded nearly 90 years ago.

Georgia-Pacific containerboard mill in Monticello is set to receive a $91 million upgrade, making the construction project one of the company's largest investments in the Lawrence County facility.

Summit Paper Tube, Inc., a paper tube manufacturer, announced plans to establish its first South Carolina operations in Williamsburg County. The company's $1.68 million investment will create 19 new jobs.

Ox Industries is increasing efficiency and production capacity with a $5 million investment in new high-speed converting lines across multiple facilities.