The goal is to provide a better outcome for all stakeholders, especially creditors, than immediate liquidation.
The Nitro Square combines rigid and flexible sections for stability and offers creative branding opportunities.
Production on this line is predicted to start in 2026.
The move centralizes MCC’s executive leadership and other area-based teams.
Jason Crooks, president of PRI Plus, joins L&NW to discuss the company’s coating capabilities and new product line.
PCA noted on its Q2 2025 earnings call in July that it was experiencing lower demand, which resulted in reduced containerboard production.
The new equipment is expected to boost the facility’s overall output by approximately 50%.
Expected to reduce Carlsberg’s annual carbon emissions in Poland by 224 tons.
The agreement will see the two companies expand local sales and service capabilities.
Five Star is acquiring the flexible packaging operations, while Cascades will retain ownership of the real estate at the Mississauga site.