Verso Corporation Announces SC Price Increase

Glatfelter, the York, Pa.-based global manufacturer of specialty papers and fiber-based engineered materials, soon will begin making its sought-after “airlaid” products in Fort Smith for the “wipes and hygiene markets.” The company announced in March 2016 it would spend $80 million to repurpose the unused Mitsubishi building at 8201 Chad Colley Blvd. in Fort Smith’s Chaffee Crossing for what has become its 13th manufacturing facility. Glatfelter is creating at least 80 new, high-tech manufacturing jobs in Fort Smith. The company projected in March 2016 it would be up and running in Fort Smith by late 2017 or early 2018. Click Read More below for additional information.

Irving Consumer Products broke ground on the construction of their new $400 million state-of-the-art tissue plant in Macon, Georgia today at an event at the site of their future home. Joined by Mayor Robert Reichert and Charlie Gatlin, Special Projects Advisor for Georgia Department of Economic Development (GDEcD), President Robert K. Irving acknowledged the next step in the construction of the new facility. “We’re excited to begin construction on this new plant. The plant will create over 200 permanent, skilled jobs and allow us to continue to meet our customers’ growing demands,” said Robert K. Irving, President of Irving Consumer Products. “It will also provide growth in our home province. The pulp will be from Irving Woodlands, manufactured at our New Brunswick pulp mill.” The new plant will produce ultra-premium quality household paper products including soft bath tissue and high quality paper towel that is both strong and absorbent. Click Read More below for additional detail.

Total printing-writing paper shipments decreased five percent in May compared to May 2017. Total printing-writing paper inventory levels decreased three percent from April. Imports of printing-writing papers in April increased four percent compared to April 2017 imports, while exports declined one percent compared to April 2018. •Uncoated free sheet (UFS) paper shipments in May 2018 edged down slightly year-over-year. Imports of UFS decreased less than one-half of one percent year-over-year in April. Exports of UFS papers increased 13 percent in April compared to April 2017. •Purchases of coated mechanical (CM) papers increased year-over-year in May 2018 for the second time this year. Imports of CM increased 24 percent year-over-year in April. Exports of CM increased two percent year-over-year in April. •Shipments of coated free sheet (CFS) paper and uncoated mechanical (UM) papers in May both declined year-over-year. Imports of UM papers increased seven percent compared to April 2017, while imports of CFS papers decreased 12 percent compared to last April.