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Tag : Virginia

Clearwater Paper Announces Acquisition of Manchester Industries

Manik Seth
These five plants are expected to be a valuable asset for Clearwater Paper as it looks to extend its reach and service platform to the small and mid-sized folding carton plants. December 16, 2016 Clearwater Paper Corporation announced it has acquired Manchester Industries of Richmond, Virginia, a leading, independently-owned paperboard...

China’s Shandong Tranlin to invest USD 2 billion in U.S.

Manik Seth
June 18, 2014 Tranlin, Inc., the newly-formed U.S. subsidiary of a leading Chinese pulp and paper company, announced that the company will invest $2 billion over the next five years to build and operate the company’s first U.S. advanced manufacturing facility in Chesterfield County, Virginia. The company’s investment in this...

Stora Enso acquires US-based biotechnology company

Manik Seth
June 23, 2014 Stora Enso has acquired 100% of the shares of the US-based company Virdia, a leading developer of extraction and separation technologies for conversion of cellulosic biomass into highly refined sugars and lignin. The upfront debt-free transaction value is approximately USD 33 million with additional potential payouts totalling...
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