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KapStone Paper and Packaging Corporation completed its acquisition of Longview Fibre Paper and Packaging

KapStone Paper and Packaging Corporation completed its acquisition of Longview Fibre Paper and Packaging

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On July 18, 2013, KapStone Paper and Packaging Corporation completed its $1.025 billion acquisition of Longview Fibre Paper and Packaging, and has firmly established KapStone as a leader in the paper and packaging industry. The combined assets include four paper mills with eleven paper machines, and twenty-two corrugated packaging plants strategically positioned from coast-to-coast across the United States.
 
KapStone Paper and Packaging Corporation was formed in April 2005 by industry veterans to establish operating businesses in the paper, packaging, forest products and related industries. Headquartered in Northbrook, Illinois, KapStone is a leading North American producer of unbleached Kraft paper and corrugated products. The Company is the parent company of KapStone Kraft Paper Corporation and KapStone Container Corporation. KapStone's annual revenues exceed $2.1 billion, and the company employs approximately 4,500 people.
 
KapStone's paper mills produce a wide spectrum of Kraft and recycled products ranging from containerboard, including liner and medium, Kraft papers, saturating kraft, and folding carton board. The mill's product portfolio contains several branded products including Kraftpak.®, DuraSorb® , TEA-Kraft® and FibreShield® as well as a focus on extensible kraft paper grades and on high-performance, lightweight linerboard. KapStone's corrugated packaging business offers an array of fully equipped corrugator Box Plants, Sheet Plants and Sheet Feeders providing industrial and retail corrugated packaging solutions for any customer, regardless of size or demands.
 
KapStone Paper and Packaging Corporation's common stock trades on the NYSE under the symbol KS.
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