Forest Products

David Brown Joins ERIKS North America As New CFO

Retrieved on: 
Thursday, December 1, 2022

ERIKS North America, a leading distributor of fluid and material conveyance solutions for industrial customers, announced today that it has appointed David Brown as its Chief Financial Officer.

Key Points: 
  • ERIKS North America, a leading distributor of fluid and material conveyance solutions for industrial customers, announced today that it has appointed David Brown as its Chief Financial Officer.
  • David Brown has joined ERIKS North America as its new Chief Financial Officer.
  • As Brown joins ERIKS North America, he will be guiding our finance team through a transition out of ERIKS Global, who sold the North American division in March 2022.
  • ERIKS North America, a portfolio company of LKCM Headwater Investments, is a leading distributor of fluid and material conveyance solutions for industrial customers.

Enviva and GreenTrees Partner to Remove 90,000 Metric Tons of CO2e through Afforestation and Nature-Based Carbon Removal Credit Programs in Southeastern U.S.

Retrieved on: 
Thursday, December 1, 2022

We are excited to partner with GreenTrees to help minimize our net carbon emissions and implement local solutions to meet net-zero goals, said Thomas Meth, President and CEO of Enviva.

Key Points: 
  • We are excited to partner with GreenTrees to help minimize our net carbon emissions and implement local solutions to meet net-zero goals, said Thomas Meth, President and CEO of Enviva.
  • The afforestation of this land will not compete with lands used for agricultural and food sources, but will revitalize the land and serve as permanent carbon removal.
  • Its an honor to partner with Enviva and work alongside a company on their path to net zero, said Chandler Van Voorhis, co-founder and managing partner of GreenTrees.
  • Enviva is focused on high-quality carbon credit projects that promote afforestation and reforestation in the companys region of operations, as well as projects that remove carbon from the atmosphere and enhance local carbon stocks.

Enviva Celebrates Its Recently Opened Terminal at the Port of Pascagoula with Ceremonial Ribbon Cutting

Retrieved on: 
Wednesday, November 30, 2022

Today, Enviva Inc. (NYSE: EVA), the worlds leading producer of sustainably sourced woody biomass, held a ceremonial ribbon cutting at its recently opened marine export terminal at the Port of Pascagoula, Mississippi (MS).

Key Points: 
  • Today, Enviva Inc. (NYSE: EVA), the worlds leading producer of sustainably sourced woody biomass, held a ceremonial ribbon cutting at its recently opened marine export terminal at the Port of Pascagoula, Mississippi (MS).
  • Since 2019, the Port Authority and Enviva have invested over $90 million to build the terminal at the Port of Pascagoula which can receive product by rail, barge, and truck as well as support Panamax-sized vessels.
  • To date, Enviva employs nearly 30 people at the Port of Pascagoula and indirectly supports more than 400 jobs across Jackson, Harrison, and George Counties.
  • Enviva has been a great partner in developing and opening the terminal at the Port of Pascagoula, further connecting the Magnolia State to international markets, said Port Director Mark McAndrews.

PG&E’s ‘Green Bond’ Transaction to Save Customers $300 Million While Helping to Strengthen Electric Grid, Protect California Forests

Retrieved on: 
Wednesday, November 30, 2022

PG&E Recovery Funding issued the bonds to finance a variety of wildfire safety investments that the Utility has made in its electric system.

Key Points: 
  • PG&E Recovery Funding issued the bonds to finance a variety of wildfire safety investments that the Utility has made in its electric system.
  • This is the Utilitys second green bond offering, with the first coming in November 2021.
  • This means continuing our long history of environmental stewardship while also working to keep energy affordable for our customers.
  • The investments financed by these green bonds include electric system improvements and hardening efforts found within Pacific Gas and Electric Companys Community Wildfire Safety Program .

Ennis Acquires School Photo Marketing

Retrieved on: 
Wednesday, November 30, 2022

Ennis, Inc. (the "Company"), (NYSE EBF), today announced its acquisition of School Photo Marketing in Morganville, New Jersey.

Key Points: 
  • Ennis, Inc. (the "Company"), (NYSE EBF), today announced its acquisition of School Photo Marketing in Morganville, New Jersey.
  • School Photo Marketing provides printing, yearbook publishing and marketing-related services to over 1,400 school and sports photographers servicing schools around the country.
  • Keith Walters, Chairman, President & CEO of the Company stated, We are delighted to have the opportunity to bring School Photo Marketing, their employees, and their customers into the Ennis family.
  • School Photo Marketing operates through a similar wholesale manufacturer-distributor-end user channel as Ennis currently operates.

Domtar Announces CEO Transition Plan

Retrieved on: 
Wednesday, November 30, 2022

Domtar Corporation announced today that President and CEO John Williams retirement date will be June 30, 2023.

Key Points: 
  • Domtar Corporation announced today that President and CEO John Williams retirement date will be June 30, 2023.
  • As EVP and COO, Henry will lead the pulp, paper and packaging operations and commercial functions at Domtar, while Williams will continue to lead all corporate functions until his retirement.
  • View the full release here: https://www.businesswire.com/news/home/20221130005611/en/
    Williams has served as Domtars President and CEO since 2009.
  • Domtars principal executive office is in Fort Mill, South Carolina and Domtar is part of the Paper Excellence group of companies.

Clearwater Paper Announces Revised Multi-Year Sustainability Goals and Continued Commitment to Progress in 2022 ESG Report

Retrieved on: 
Tuesday, November 29, 2022

Clearwater Paper Corporation (NYSE: CLW) today released its 2022 environmental, social and governance (ESG) report.

Key Points: 
  • Clearwater Paper Corporation (NYSE: CLW) today released its 2022 environmental, social and governance (ESG) report.
  • Along with a continued commitment to create sustainable paper products, the report also highlights a significant increase in company-wide priorities to meet several key sustainability benchmarks.
  • These include emissions reductions, resource conservation and company representation, among others as part of revised, multi-year goals.
  • The report also highlights Clearwater Papers commitment to designing and producing circular paper products.

Bluejay Capital Partners Completes Acquisition of Best Warehousing and Transportation

Retrieved on: 
Tuesday, November 29, 2022

Bluejay Capital Partners, LLC (Bluejay Capital), a specialist in logistics and transportation industry investing, has completed its acquisition of Best Warehousing and Transportation Inc (BWT), a leading B2B warehousing and transportation business, with 30 locations across 15 states.

Key Points: 
  • Bluejay Capital Partners, LLC (Bluejay Capital), a specialist in logistics and transportation industry investing, has completed its acquisition of Best Warehousing and Transportation Inc (BWT), a leading B2B warehousing and transportation business, with 30 locations across 15 states.
  • We are thrilled to partner with Winston to take BWT to the next level, said Josh Putterman, founding partner of Bluejay Capital.
  • Bluejay Capital financed the transaction with Argosy Private Equity, Southfield Mezzanine, Spring Capital Partners and Key Bank.
  • www.bluejay-capital.com
    Best Warehousing & Transportation Inc. is a third party logistics provider specializing in comprehensive, client-focused solutions, including transportation, warehousing and storage, logistics handling and other services.

Suzano breaks ground on its Innovability Hub development in China

Retrieved on: 
Tuesday, November 29, 2022

On November 29, Suzano China Innovability Hub, Suzanos first R&D and innovation center in Asia, commenced construction at the Zhangjiang Science City in Shanghai.

Key Points: 
  • On November 29, Suzano China Innovability Hub, Suzanos first R&D and innovation center in Asia, commenced construction at the Zhangjiang Science City in Shanghai.
  • After its completion, the Innovability Hub will act as a dedicated center to developing new bio-based materials and applications, as well as for cooperating with partners in China and overseas to drive sustainable development through Innovability.
  • With an investment of over US$10 million, the Innovability Hub will mainly consist of an advanced laboratory, an interactive experience center and various collaboration spaces.
  • The Innovability Hub is also aimed at learning Chinese innovation initiatives that may be applied to Suzanos businesses and adapting them across other regions.

ERIKS North America Announces Appointment of Annette Camuso-Sarsfield as Chief Human Resources Officer

Retrieved on: 
Monday, November 28, 2022

ERIKS North America, a leading distributor of fluid and material conveyance solutions for industrial customers, announced today that it has appointed Annette Camuso-Sarsfield, SPHR, SHRM-SCP, as its Chief Human Resources Officer.

Key Points: 
  • ERIKS North America, a leading distributor of fluid and material conveyance solutions for industrial customers, announced today that it has appointed Annette Camuso-Sarsfield, SPHR, SHRM-SCP, as its Chief Human Resources Officer.
  • Annette Camuso-Sarsfield has joined ERIKS North America as its new Chief Human Resources Officer.
  • With more than 25 years of Senior Leadership experience, Camuso-Sarsfield is a Strategic Human Resources Executive and proactive business partner.
  • As Camuso-Sarsfield joins ERIKS North America, she will be guiding its human resources team through a transition out of ERIKS Global, who sold the North American division March 2022.