Friday, 18 January 2013 12:15

KapStone Announces Opening Of New Manufacturing Facility

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kapstone logoKapStone 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 surrounding areas. 

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 operations."   

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 year.

SOURCE KapStone Paper and Packaging Corporation

Read 3105 times Last modified on Friday, 18 January 2013 10:26