۲ کیلو کاغذ مرکز تامین‌کنندگان صنایع سلولزی

آرشیو برچسب های: South Carolina

Georgia-Pacific concludes 2023 with approximately $2 billion in capital improvements

Georgia-Pacific reinvested approximately $2 billion back into its business and operations in 2023. These capital improvement projects include launching and completing new facilities and enhancing existing operations. Each investment helps Georgia-Pacific better serve customers, and increase productivity and efficiency, while also creating greater economic opportunities for each facility’s local economy.

Georgia-Pacific made several investments large and small across its businesses. The projects listed below are large initiatives valued at approximately $100 million and up.

Georgia-Pacific has reinvested approximately $2 billion in capital improvement projects in 2023.

 

Green Bay, Wisconsin – $550 million

In November, the team at Georgia-Pacific’s Broadway facility in Green Bay, Wisconsin, signed and raised the last major structural beam for the $550 million Brawny® project. Construction began in July 2022 and is expected to be completed in 2024. At the center of the investment is a new paper machine using through-air-dried (TAD) technology, which will improve the quality of products manufactured at the site by making them softer and more absorbent. The new TAD machine will produce thousands of tons of paper that will be converted into millions of cases of Brawny® paper towels and other premium private-label brands.

 

خواندن ادامه مطلب

Weyerhaeuser to enhance southern timberlands portfolio

Weyerhaeuser Company recently announced it has entered into two distinct agreements with Forest Investment Associates to divest approximately 69,600 acres in Upstate South Carolina for $170 million, and to purchase approximately 60,700 acres of high-quality timberlands in Coastal North Carolina, South Carolina and Mississippi for $163 million.

Key attributes of the transaction:

  • Adding high-quality timberlands with attractive timber attributes, including:
  • Mature, highly productive acreage that is well-integrated with existing Weyerhaeuser timberlands and mill operations.
  • Fee ownership with 80 percent planted pine acreage and strong site productivity, delivering strong long-term timber returns.
  • Well-stocked timber inventory producing attractive sawlog mix and expected average harvest of 6.9 tons per acre (or 420,000 tons) annually over the first five years.
  • Expected average Adjusted EBITDA from timber operations of approximately $130 per acre (or $7.7 million) annually over the first five years.
  • Acquiring core timberland acreage at an Adjusted EBITDA multiple of 21×1, while divesting less strategic ownership at an Adjusted EBITDA multiple of 47×1.
  • Opportunity to enhance real estate cash flows and returns on high-optionality coastal assets.
  • Structured as a tax-efficient like-kind exchange with minimal transaction costs.

 

خواندن ادامه مطلب

Georgia-Pacific completes a $175 million investment

Georgia-Pacific completed a $175 million investment into its Dixie tableware facility in Darlington, South Carolina, and held a ribbon-cutting ceremony and community celebration. The improvements will expand its plate and bowl production operations to meet customer and consumer demand for these popular disposable household products. The Darlington facility now has additional printing capability, state-of-the-art plate presses and a new finished goods warehouse. Georgia-Pacific, through this investment, is striving to be a preferred partner for suppliers, customers, and the Darlington community. The expanded facility also created 100 new full-time jobs. The facility currently has 500 total employees.

 

 

خواندن ادامه مطلب