Paper Company Completes Acquisition of Containerboard Company
The stock purchase was recently completed.
KapStone Paper and Packaging Corporation recently announced that it has completed the stock purchase of Longview Fibre Paper and Packaging Inc. ("Longview"). Longview, headquartered in Longview, Wash., is a leading manufacturer of high-quality containerboard, lightweight high-performance multiwall paper, specialty Kraft papers and corrugated products. Longview employs about 1,800 people.
"Today we are welcoming Longview's team as the newest members of KapStone," states Roger W. Stone, chairman and chief executive officer. "The Longview team orchestrated a transformation that is truly, in my experience, the most amazing that I've actually ever seen in my 55 years in the industry. We're thrilled and delighted to officially have them with us."