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
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
and surrounding areas.
, KapStone's President, stated, "We are excited to establish a corrugated manufacturing facility in the
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 operations."
The site General Manager will be
who has an extensive career in the corrugated industry predominantly in the
The first phase will begin production at the new facility in March of this year.
About the Company
, 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
, fourteen additional converting locations in the East and Midwest, and a lumber mill in
. The business employs approximately 2,700 people.
SOURCE KapStone Paper and Packaging Corporation