IP To Sell (CONT’D FROM PAGE 34)
Board Converting NEWS INTERNET DIRECTORY
an Commission as a remedy for IP’s acquisition of London based DS Smith Plc, as published on the Commission’s website on January 24. The conclusion of the divestment is subject to the European Commission’s approval of the proposed purchaser. As a result of this disposal, IP will have satisfied all of its obligations towards the Europe- an Commission in connection with the acquisition of DS Smith Plc. Included in the sale are three plants in Norman- dy, France (one box plant in Saint-Amand, one box plant in Mortagne, and one sheet plant in Cabourg); one box plant in Ovar, Portugal; and one box plant in Bilbao, Spain. Upon completion of the required French works council consultation and/or employee information processes, the parties expect to enter into a definitive share purchase agreement. The closing is expected by the end of the sec- ond quarter of 2025. “Finding the right buyer for these five facilities has been a top priority for our team since the completion of the acquisition of DS Smith, and I’m pleased that we have found one in PALM,” said International Paper Chairman and CEO Andy Silvernail. “We are grateful for the many contributions the team members at these five plants have made to the company and know they will continue to be successful and deliver value with their new owners.” Young Professionals Network Visit 3 Green Bay Packaging Facilities Green Bay, Wisconsin based Green Bay Packaging an- nounced that members of the Young Professionals Net- work (YPN) had a unique opportunity to tour three key facilities: the GB Mill, De Pere Shipping Container, and Folding Carton divisions.
THE HAIRE GROUP www.hairegroup.com
Haire Group is the premier provider of new machinery for the corrugated industry. From the Apstar line of flexo folder gluers and rotary die cutters, the Encore line of flexo folder gluers and rotary die cutters, and the Engico flexo folder glu- er, Haire is able to pair clients with the best machinery solu- tions for the best value to meet their needs. Haire Group’s service department helps its customers maximize uptime and profitability through superior 24/7 service and support, a pre-install training center, and over a million dollars’ worth of spare parts at their offices just outside of Chicago. Haire Group has been the industry’s #1 pre-owned machinery bro- ker and plant equipment appraiser since 1976. HarperLove is the leading provider of specialty adhesives, performance additives, and wet-strength resins to corru- gated packaging manufacturers. With the largest and most experienced field service and technical support team posi- tioned throughout the U.S. and Latin America, HarperLove has a long-standing reputation for providing outstanding service and delivering demonstrable performance improve- ments. HarperLove’s renowned services include not only innovative product development and custom product for- mulation, but also machine and process assessments, ad- hesive formula adjustments, machine tuning, detailed ser- vice reporting, and more. HARPERLOVE www.HarperLove.com Kernic Systems has been a leading global provider of re- cycling equipment solutions since 1978. For over 40 years, Kernic Systems has provided balers, air conveying and dust collection systems, shredders, industrial vacuums, and re- cycling equipment to a wide range of markets. Today, Ker- nic Systems serves customers with an expanded offering of standard products and custom-engineered systems through three primary business divisions: Recycling Solu- tions, Dust Collection and Air Pollution Control, and Material Handling. Kiwiplan provides state-of-the-art software solutions to cor- rugated, folding carton, plastics and flexible packaging fa- cilities around the globe. Kiwiplan’s Total Solution delivers comprehensive, seamless real-time flow of information from sales order management to dynamic total plant scheduling and inventory control through shipping. With deep manu- facturing and distribution expertise, Kiwiplan knows the specific problems customers face and provides the spe- cialized software they need to adapt, compete, and win in today's rapidly changing world. KERNIC SYSTEMS www.kernicsystems.com KIWIPLAN www.kiwiplan.com
These informative visits allowed them to connect with fellow YPN members and gain valuable insights into their roles and career paths. Green Bay Packaging says it is committed to empowering the next generation of lead- ers by fostering strong relationships, providing organiza- tional insights, and offering opportunities for professional growth. For more information, visit gbp.com .
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April 21, 2025
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