Board Converting News, August 24, 2026

Maritime Paper (CONT’D FROM PAGE 8)

A Circular Story, Made in Nova Scotia At Maritime Paper, sustainability isn’t a marketing slo- gan—it’s built into the business model. The company pur- chases paper produced from 100 per cent recycled corru- gated cartons, then sells its own off-cuts and trim to sister company Scotia Recycling. That material is processed and returned to the mill, where it can be transformed into new paper products. The box, quite literally, comes back around. It’s a circular economy approach that reflects the long- term values of the broader Scotia Investments family and demonstrates how environmental responsibility can be woven directly into day-to-day operations. That same long-term thinking extends to Maritime Pa- per’s people. The company’s approximately 240 employ-

ees are part of a culture built around what Gouthro calls the three Ps: passion, pride, and purpose. By this fall, four employees will each celebrate 50 years with the compa- ny—an extraordinary 200 combined years of service at a business marking its 95th anniversary. So, what’s next for a company approach- ing its 95th anniversary? Sheldon Gouthro, President and CEO of Maritime Paper, spoke at the Maritime anniversary celebration.

DESIGNS THAT INCREASE PRODUCTION

The same long-term thinking that has guided Maritime Paper for nearly a century continues to shape its future. Recent investments in automation, fa- cility upgrades, and enhanced employee spaces, including a new lunchroom and pa- tio reinforce a simple message: after nearly a century, Maritime Paper continues to in- vest in its future. And according to Gouthro, there’s more to come in 2027 and beyond. Telling Nova Scotia’s Story At the Maritime anniversary celebration, Gouthro recalled the company’s humble beginnings in a modest 30,000-square- foot facility on Almon Street, equipped with second-hand machinery, and shared the re- markable story of Mack Duncan. At only 22 years old, Mack drove for six days to Halifax to become Maritime Paper’s first General Manager—beginning an association with the company that would span 55 years. Gouthro is also quick to credit the part- nerships that help regional companies stay visible in a national marketplace. A longtime member of the Halifax Cham- ber of Commerce, Maritime Paper views or- ganizations like the Chamber and partners such as Halifax Partnership as important allies in showcasing the strength of Nova Scotia’s business community. It’s a collabo- rative approach that mirrors the way Mari- time Paper operates—stronger together, connected to its community, and committed to helping tell Nova Scotia’s story. For a company that has spent 95 years building its future in this province, that’s the goal: stay rooted, stay competitive, and be here for the next 95 years.

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10 August 24, 2026

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