KapStone Paper and Packaging says April 13 fire in one paper machine at its Longview, Washington, mill was minor, resulted in damage of less than US$10,000 and no injuries; the fire was quickly contained and production was resumed rapidly
April 15, 2014
– KapStone Paper and Packaging Corporation (NYSE: KS) ("KapStone" or "the Company") had a minor fire in one of its paper machines at its Longview, WA mill on April 13, 2014. The fire was quickly contained resulting in no injuries, overall damage of less than $10,000, and rapid resumption of production.
About the Company
Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is the fifth largest producer of containerboard and corrugated packaging products and is the largest kraft paper producer in the United States. The Company is the parent company of KapStone Kraft Paper Corporation and KapStone Container Corporation which includes four paper mills and 22 converting plants, respectively, across the US. The business employs approximately 4,600 people.
SOURCE KapStone Paper and Packaging Corporation