KapStone Announces Opening Of New Manufacturing Facility
NORTHBROOK, Ill., Jan. 16, 2013
NORTHBROOK, Ill., Jan. 16, 2013 /PRNewswire/ -- KapStone Paper and Packaging
Corporation (NYSE: KS) ("KapStone") will open a new corrugated manufacturing
facility in Aurora, IL. The 192,000 square foot facility located 40 miles
west of the city of Chicago will produce corrugated packaging and will also
include a design lab and a technical center. KapStone expects to invest
approximately $8 to $10 million in the first phase. The Aurora location will
enhance KapStone's sales coverage in the Midwest, particularly in Chicago and
Matt Kaplan, KapStone's President, stated, "We are excited to establish a
corrugated manufacturing facility in the Chicago area, our home territory.
We are very optimistic that KapStone will deliver a very high level of service
and quality of corrugated products that will enable us to continue to grow our
The site General Manager will be Katie Wilhelm who has an extensive career in
the corrugated industry predominantly in the Chicago area.
The first phase will begin production at the new facility in March of this
About the Company
Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is a
leading North American producer of unbleached kraft paper products, linerboard
and shipping containers. The Company is the parent company of KapStone Kraft
Paper Corporation which includes paper mills in Roanoke Rapids, NC, North
Charleston, SC, and Cowpens, SC, fourteen additional converting locations in
the East and Midwest, and a lumber mill in Summerville, SC. The business
employs approximately 2,700 people.
SOURCE KapStone Paper and Packaging Corporation
Contact: Andrea K. Tarbox, Vice President and Chief Financial Officer,
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