Antionette Meyers is VP:Containerboard & Kraft at Kapstone Paper & Packaging. Since November 2018 it has been a subsidiary of WestRock Company. These statements are typically identified by words or phrases such as “may,” “will,” “could,” “should,” “would,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “prospects,” “potential” and “forecast,” and other words, terms and phrases of similar meaning. KapStone Paper & Packaging is an American pulp and paper company based in Northbrook, Illinois. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: the results and impacts of the acquisition of KapStone; economic, competitive and market conditions generally; volumes and price levels of purchases by customers; competitive conditions in WestRock's businesses and possible adverse actions of their customers, competitors and suppliers.
Management uses this non-GAAP and pro forma non-GAAP information, along with GAAP information, in evaluating its historical operating performance. Are you the business owner of Kapstone Paper and Packaging Corporation? This organization primarily operates in the Corrugated Boxes, Partitions, Display Items, Sheets, and Pad business / industry within the Paper and Allied Products sector. Wells Fargo also acted as a financial advisor to WestRock and is the agent for a syndicate of banks that provided the financing for the transaction. Wells Fargo also acted as a financial advisor to WestRock and is the agent for a syndicate of banks that provided the financing for the transaction. Any statements in this communication about WestRock’s expectations, beliefs, plans or forecasts, including statements that (i) the acquisition of KapStone presents opportunities, (ii) the acquisition of KapStone will enable WestRock to serve its customers better across its system and (iii) WestRock expects to achieve approximately $200 million in synergies and performance improvements by the end of fiscal 2021 through the integration of the former KapStone operations into WestRock’s corrugated business, that are not historical facts are forward-looking statements. “The addition of KapStone enhances our differentiated portfolio of paper and packaging solutions and will enable us to serve our customers better across our system. Business Details. Kapstone Paper and Packaging Corporation, which also operates under the name Associated Packaging, is located in Greer, South Carolina.
Management believes that this non-GAAP and pro forma non-GAAP information provides investors with additional information to assess WRK operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. Choose which alerts you would like to receiveThis release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Annual revenues exceed $3 billion. … The Company offers cardboard and cardboard boxes used in packaging applications. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.WestRock financed the transaction through the issuance of debt from a bank term loan facility, existing credit commitments and cash on hand.Rothschild & Co. and Moelis & Company LLC served as financial advisors to KapStone. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. BBB Business Profiles are subject to change at any time. “I am pleased that we have completed the acquisition of KapStone Paper and Packaging, and I welcome our new teammates to WestRock,” said … “The addition of KapStone enhances our differentiated portfolio of paper and packaging solutions and will enable us to serve our customers better across our system. Additional information and other factors are contained in WestRock’s filings with the Securities and Exchange Commission (“SEC”). Illustrations for Kapstone Paper Company. Since November 2018 it has been a subsidiary of WestRock Company . Location of This Business 700 N Sam Houston Rd, Mesquite, TX 75149-2736.
BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. The non-GAAP information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP.Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.Please note the information presented is deemed representative at the time of its original release. The acquisition also strengthens WestRock’s presence on the West Coast of the United States and broadens WestRock’s portfolio of differentiated paper and packaging solutions with the addition of attractive paper grades and distribution capabilities.“I am pleased that we have completed the acquisition of KapStone Paper and Packaging, and I welcome our new teammates to WestRock,” said Steve Voorhees, chief executive officer of WestRock.