$91 Million Upgrade at Monticello Mill to Boost Efficiency, Industry Competitiveness

Construction is scheduled to begin soon on a $91 million upgrade at Georgia-Pacific’s containerboard mill in Monticello, Mississippi. It’s one of the company’s largest investments in the Lawrence County facility.

The project consists of replacing the log line, which includes scales, cranes, a rechipper, unbinding racks and other critical equipment needed to safely unload trucks and prepare logs and chips for processing into pulp.

“This project will create long-term value and improve our capabilities as we work to become the best manufacturer in the industry,” said Drexel Lambert, vice president for Georgia-Pacific containerboard operations.

The new log line will reduce truck unloading times, improve truck traffic flow, allow for longer logs and improve wood yield. It will also improve the facility’s competitive position in the industry and will strengthen the mill’s relationships with wood suppliers.
more at: https://news.gp.com/2023/04/Georgia-Pacific%20plans%20$91%20million%20upgrade%20at%20Monticello%20mill

Related Posts

Pregis joins 1% for the Planet, pledges portion of Inspyre product sales

Pregis joined 1% for the Planet, pledging to donate one percent of sales of its Inspyre brand products to support nonprofit organizations. 1% for the Planet is a global organization with a mission to inspire businesses and individuals to support approved environmental nonprofits to build a better world and future for all. Pregis introduced its Inspyre brand in 2018 with the mission of providing customers with the option to choose packaging that does good for the world. Since the introduction, Pregis has donated a portion of the proceeds of these products, including Inspyre hybrid cushioning with water blue color tint and tissue paper packaging, to Uzima Clean Water Mission. The company plans to expand the Inspyre product offering to increase its global impact. Uzima provides water filters, hygiene kits and education to communities across the world to overcome water insecurities improving overall wellness in those communities through access to clean water.

Green Bay Packaging Announces the Acquisition of Land in Casa Grande, Arizona

Green Bay Packaging (GBP) is thrilled to announce a land acquisition near Phoenix, Arizona. The approximately 80-acre parcel is located at the NEC/SEC of Bianco and Kortsen Roads in Casa Grande. “We are absolutely thrilled to welcome Green Bay Packaging to Casa Grande,” said Casa Grande Mayor Craig McFarland. “This investment is a testament to our city’s strategic growth and commitment to fostering a vibrant business environment. We look forward to a long and prosperous partnership with Green Bay Packaging.” “Green Bay Packaging is excited to be a part of the great community of Casa Grande Arizona,” said GBP Executive Vice President Bryan Hollenbach. “The surrounding markets are a growing business community that we believe will be a great fit for the future presence of a significant GBP corrugated box operation. We want to thank Newmark and Land Advisors for their help in bringing this important investment to closure.”

Kimberly-Clark Announces Year-End 2022 Results

Executive Summary *Fourth quarter 2022 net sales of $5.0 billion, even with the year-ago period, including organic sales growth of 5 percent. *Full-year 2022 net sales of $20.2 billion increased 4 percent, with organic sales up 7 percent. *Diluted net income per share for the fourth quarter was $1.50 in 2022 and $1.06 in 2021. Full-year diluted net income per share was $5.72 in 2022 and $5.35 in 2021. *Net sales in 2023 are expected to increase 0 to 2 percent, including organic sales growth of 2 to 4 percent. Diluted earnings per share is expected to increase 2 to 6 percent, driven by an operating profit increase in the mid-to-high single digits, both versus adjusted results in 2022.
Back To Top
×Close search
Search