Board Converting News, July 8, 2024

WestRock Signs (CONT’D FROM PAGE 1)

and high quality of living. LogistiCenter at Pleasant Prairie — Wisconsin’s only rail-served, build-to-suit logistics park — is part of Dermody Properties’ growing portfolio in the thriving Midwest market. WestRock announced in January 2024 that it would be- gin building a new corrugated box plant in Pleasant Prai- rie to meet growing demand from customers in the Great Lakes region. “WestRock’s new corrugated converting facility in Pleasant Prairie will use state-of-the-art automation and enhanced capabilities to improve product quality and cus- tomer satisfaction,” said David B. Sewell, Chief Executive Officer of WestRock.

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“Efficient manufacturing operations generate less waste and reduce energy consumption, contributing to sustainability and further solidifying WestRock’s position as the supplier of choice.” The logistics park was previously home to a power plant and sits adjacent to substations that can deliver power ca- pacity and provide freshwater service from Lake Michigan. “Dermody Properties is committed to creating state- of-the-art logistics spaces for our customers, and we are proud to be collaborating with WestRock to fulfill that promise through this build-to-suit project,” said Elizabeth Kauchak, Chief Operating Officer for Dermody Properties. The new facility is a planned three-building logistics center that will total 2,384,765 square feet of building space with flexibility to accommodate build-to-suits from 250,000 square feet to 1.8 million square feet. This logis- tics facility offers Wisconsin’s newest and only rail-served BTS site with unmatched power capabilities. Leasing op- portunities are available. “WestRock’s reputation for innovation and sustainabili- ty makes it a perfect fit for Wisconsin,” said Missy Hughes, Secretary and CEO of the Wisconsin Economic Develop- ment Corporation. “We are pleased they are joining our thriving paper, packaging, and forest products sector, and we are excited by their move to Pleasant Prairie.” Dermody Properties, along with WestRock, broke ground on the LogistiCenter in Pleasant Prairie, Wisconsin on June 27.

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July 8, 2024

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