Billerud North America to get new president as it pursues regional growth

Kevin Kuznicki, previously deputy president and general counsel, will take the helm as the Swedish paper specialist looks to expand its U.S. business following the 2022 acquisition of Verso.

By Maria Rachal • March 27, 2023

Fed hikes main rate by quarter-point, notes ‘resilient’ banking system

The central bank tightened borrowing costs despite banking instability as inflation persists well above its 2% target.

By Jim Tyson • March 23, 2023

Sonoco reports ‘pivotal year’ of growth driven by consumer packaging demand and M&A

During a recent earnings call, CEO Howard Coker touted the importance of the company’s metal packaging acquisition — its largest ever — and why he thinks it “feels like we are in a recession.” 

By Katie Pyzyk • Feb. 13, 2023

WestRock notes global paper market headwinds but touts sustainability investments as growing opportunity

WestRock reported lower Q1 income and withdrew full-year guidance due to market uncertainty. CEO David Sewell said increased packaging revenue and a focus on plastic packaging replacement projects are positive signs, however.

By Megan Quinn • Feb. 2, 2023

Northstar Recycling acquires Sonoco’s ‘asset-light’ waste services business

The private equity-backed company has purchased a business that focuses on providing third-party service and consulting to large manufacturing clients from the major packaging company.

By Cole Rosengren • Feb. 1, 2023