Graphic Packaging

The Dismantling of the American Timber Industry: American Loggers Council Warns of Consequences

Retrieved on: 
Monday, March 25, 2024

WASHINGTON, March 25, 2024 /PRNewswire-PRWeb/ -- It seems like every time a forest product mill or plant shuts down (monthly if not weekly) it's viewed as a singular isolated incident. But viewed collectively, the cumulative impacts and magnitude become more focused and apparent. The individual incidents are all symptoms of a larger serious condition that diagnosed properly reveals and represents an unhealthy state of the U.S. timber and forest products industries.

Key Points: 
  • Many contributing factors leading to the decline of the U.S. timber and forest products industries are government policy, regulations, restrictions, unfair trade practices, federal timber supply constraints, and incessant litigation.
  • While there has been some new mill construction and expansion, this cannot be assumed to be an equal offset.
  • According to the World Bank, the U.S. imports over $40 billion in wood products from Canada, China and Brazil.
  • Note: Prolonged mill quotas (timber delivery supply limits and restrictions) have been imposed by some southeastern mills reducing volume to levels unable sustain cashflow/debt service for loggers.

Graphic Packaging Holding Company to Host First Quarter 2024 Earnings Conference Call on April 30

Retrieved on: 
Wednesday, March 20, 2024

ATLANTA, March 20, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), (the "Company"), will announce first quarter 2024 financial results before the market opens on Tuesday, April 30th, with a call to discuss results at 10:00 a.m.

Key Points: 
  • ATLANTA, March 20, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), (the "Company"), will announce first quarter 2024 financial results before the market opens on Tuesday, April 30th, with a call to discuss results at 10:00 a.m.
  • The conference call will be webcast and can be accessed from the investors section of the Graphic Packaging website at www.graphicpkg.com .
  • The webcast will be archived and available for replay beginning at approximately 1:00 p.m.
  • The Company has also set Tuesday, July 30, 2024 as the tentative date for the release of second quarter 2024 financial results.

Clearwater Paper Reports Fourth Quarter and Year End 2023 Results; Strategic Update

Retrieved on: 
Tuesday, February 20, 2024

Segment operating income for the fourth quarter of 2023 was $27 million compared to $18 million for the fourth quarter of 2022.

Key Points: 
  • Segment operating income for the fourth quarter of 2023 was $27 million compared to $18 million for the fourth quarter of 2022.
  • Adjusted EBITDA for the segment was $37 million in the fourth quarter of 2023, compared to $27 million in the fourth quarter of 2022.
  • Segment operating income for the fourth quarter of 2023 was $31 million compared to operating income of $2 million in the fourth quarter of 2022.
  • Adjusted EBITDA for the segment was $46 million in the fourth quarter of 2023, up from $18 million in the fourth quarter of 2022.

Graphic Packaging Holding Company Announces Participation in Upcoming Investor Conferences

Retrieved on: 
Wednesday, February 14, 2024

ATLANTA, Feb. 14, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a leading consumer packaging company, announced today that Michael P. Doss, President and Chief Executive Officer, will present at the Bank of America Securities Global Agriculture and Materials Conference on Wednesday, February 28th at 10:30am ET and Stephen R. Scherger, Executive Vice President and Chief Financial Officer, will present at the Raymond James Institutional Investors Conference on Tuesday, March 5th at 3:25pm ET.

Key Points: 
  • ATLANTA, Feb. 14, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a leading consumer packaging company, announced today that Michael P. Doss, President and Chief Executive Officer, will present at the Bank of America Securities Global Agriculture and Materials Conference on Wednesday, February 28th at 10:30am ET and Stephen R. Scherger, Executive Vice President and Chief Financial Officer, will present at the Raymond James Institutional Investors Conference on Tuesday, March 5th at 3:25pm ET.
  • Both presentations will be in the form of a fireside chat.
  • The discussions will be available live and in replay via webcast and can be accessed from the Investors section of the Graphic Packaging website at www.graphicpkg.com .

4evergreen announces new chair and co-chair as alliance commits to renewed programme of circularity endeavours

Retrieved on: 
Wednesday, January 17, 2024

She was unanimously supported to take over the reins from Hans Wortman, who will retire following an illustrious three-decade career in fibre-based packaging.

Key Points: 
  • She was unanimously supported to take over the reins from Hans Wortman, who will retire following an illustrious three-decade career in fibre-based packaging.
  • Commenting on her appointment, Sarah Price said: "After an exciting year as Co-Chair, it is a great honour to continue the adventure with the 4evergreen alliance as Chair.
  • On taking up his new role, Andreas Walser said: "I am eager to start as Co-Chair of the 4evergreen alliance.
  • For additional information or interview requests, please reach out to the 4evergreen media officer Edward McCafferty at [email protected] or by phone 0032488890107.

4evergreen announces new chair and co-chair as alliance commits to renewed programme of circularity endeavours

Retrieved on: 
Wednesday, January 17, 2024

She was unanimously supported to take over the reins from Hans Wortman, who will retire following an illustrious three-decade career in fibre-based packaging.

Key Points: 
  • She was unanimously supported to take over the reins from Hans Wortman, who will retire following an illustrious three-decade career in fibre-based packaging.
  • Commenting on her appointment, Sarah Price said: "After an exciting year as Co-Chair, it is a great honour to continue the adventure with the 4evergreen alliance as Chair.
  • On taking up his new role, Andreas Walser said: "I am eager to start as Co-Chair of the 4evergreen alliance.
  • For additional information or interview requests, please reach out to the 4evergreen media officer Edward McCafferty at [email protected] or by phone 0032488890107.

Middleby Appoints Stephen Scherger and Tejas Shah to its Board of Directors

Retrieved on: 
Tuesday, January 16, 2024

The Middleby Corporation (NASDAQ: MIDD) today announced the expansion of its Board of Directors with the appointment of Stephen Scherger and Tejas Shah.

Key Points: 
  • The Middleby Corporation (NASDAQ: MIDD) today announced the expansion of its Board of Directors with the appointment of Stephen Scherger and Tejas Shah.
  • “Steve and Tejas bring deep experience to the Middleby Board, expanding our proficiencies in risk management, cybersecurity, innovation, acquisitions and ESG matters,” said Tim FitzGerald, Middleby CEO.
  • “Adding their perspectives to the Middleby Board will greatly enhance our ability to strategically grow and expand our business.
  • The distinct expertise and knowledge that both Steve and Tejas bring to Middleby will benefit our employees, customers, and shareholders,” said Gordon O’Brien, Middleby Board Chairman.

Graphic Packaging Holding Company to Report Fourth Quarter and Full Year 2023 Earnings Results as part of Investor Day on February 21

Retrieved on: 
Thursday, January 11, 2024

ATLANTA, Jan. 11, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), (the "Company"), will announce fourth quarter and full year 2023 financial results after the market closes on Tuesday, February 20th.

Key Points: 
  • ATLANTA, Jan. 11, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), (the "Company"), will announce fourth quarter and full year 2023 financial results after the market closes on Tuesday, February 20th.
  • Financial results will be discussed as part of the Company's comprehensive Investor Day where management will provide an update on its transformation as a leading global consumer packaging company.
  • A video webcast link to the event will be provided in the earnings press release and will be available in the Investors section of the Graphic Packaging website at www.graphicpkg.com .
  • The Company has also set Tuesday, April 30, 2024 as the tentative date for the release of first quarter 2024 financial results.

Graphic Packaging welcomes Mark Connelly as new SVP, Investor Strategy and Development

Retrieved on: 
Tuesday, January 2, 2024

ATLANTA, Jan. 2, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a leading provider of consumer packaging, today named Mark Connelly Senior Vice President, Investor Strategy and Development.

Key Points: 
  • ATLANTA, Jan. 2, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a leading provider of consumer packaging, today named Mark Connelly Senior Vice President, Investor Strategy and Development.
  • This new role augments Graphic Packaging's outreach capability with an aim to expand and diversify the company's investor network globally.
  • Connelly brings more than 20 years of experience as a securities analyst and strategy consultant.
  • Connelly's analytical work on capital deployment and strategy helped inform a generation of investors in the paper and packaging sectors.

Graphic Packaging Holding Company Announces Participation in Upcoming Investor Conferences

Retrieved on: 
Thursday, November 2, 2023

ATLANTA, Nov. 2, 2023 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a leading consumer packaging company, announced today that Michael P. Doss, President and Chief Executive Officer, will present at the Baird Global Industrial Conference on Tuesday, November 7th at 11:50am ET and Stephen R. Scherger, Executive Vice President and Chief Financial Officer, will present at the Citi Basic Materials Conference on Tuesday, November 28th at 2pm ET.

Key Points: 
  • ATLANTA, Nov. 2, 2023 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a leading consumer packaging company, announced today that Michael P. Doss, President and Chief Executive Officer, will present at the Baird Global Industrial Conference on Tuesday, November 7th at 11:50am ET and Stephen R. Scherger, Executive Vice President and Chief Financial Officer, will present at the Citi Basic Materials Conference on Tuesday, November 28th at 2pm ET.
  • Both presentations will be in the form of a fireside chat.
  • The discussions will be available live and in replay via webcast, and can be accessed from the Investors section of the Graphic Packaging website at www.graphicpkg.com .