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Rock-Tenn Invests More than $300 Million at Smurfit-Stone Legacy Mills
SUGAR LAND--June 26, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Rock-Tenn (NYSE:RKT) (Norcross, Georgia), a leading manufacturer of corrugated and consumer packaging solutions, is forging ahead with plans to invest in modernizations and improvements at containerboard mills that were acquired recently from Smurfit-Stone Container Corporation (SSCC). Rock-Tenn acquired 14 mills and a number of converting plants and recycling facilities last May in a merger transaction valued at approximately $3.5 billion. Industrial Info has identified 30 major capital and maintenance projects that are in the planning and engineering phase and range in value from $1.5 million to $60 million.
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Industry Segment: Pulp & Paper
Word Count: 289 Words
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