While the question of how the Roanoke Rapids KapStone paper mill will fit into the proposed acquisition of the entire Illinois-based company by Georgia-based WestRock is not clear, documents filed with the United States Securities and Exchange Commission do shed some light on how the two companies view the merger.
WestRock Company and KapStone Paper and Packaging Corporation today announced the signing of a definitive agreement in which WestRock will acquire all of the outstanding shares of KapStone for $35 per share and will assume approximately $1.36 billion in net debt for a total enterprise value of approximately $4.9 billion.
KapStone Paper and Packaging has ensured two families will have a happy holiday season.
Roanoke Rapids City Council this evening unanimously approved the Project Chips economic development funding proposal following a public hearing this evening.
Documents filed within the Roanoke Rapids Planning and Development Department tie the Project Chips economic development project to the proposed operation of a chip mill at KapStone.
KapStone Kraft Paper Corporation recently announced the promotion of Pete Davis to the position of Process Manager III for Pulp and Utilities Training. Davis joined the Roanoke Rapids mill team in 1983 on the callboard.
Matthew Kessinger, Megan Kessinger and Landen Poole were recently awarded $5,000 scholarships by KapStone Paper and Packaging Corporation.
KapStone Kraft Paper Corporation recently announced the promotion of Chris Clements to the position of Lead Person-Pulp & Utilities E&I Group.
KapStone Kraft Paper Corporation recently announced the promotion of John Felts and Danny Harris to process control engineers with the Operations Services Team.
KapStone Kraft Paper Corporation recently announced the promotion of Angela Renee Jones and Steve Midgette. Jones was promoted to the position of Maintenance Planner-Paper Mill E&I Group.
