Along with our entry into the containerboard market, the changes at our Kingsport Mill in Tennessee bring new recreational opportunities thanks to a land swap with the city of Kingsport for park land near downtown. Our recent announcement of the mill conversion represents not only an exciting economic development but also a continued commitment to the community. As part of the project to convert the mill to manufacture recycled linerboard, we agreed to swap land parcels with the city — a park for a park — creating new opportunities for each location. The city will receive the 40-acre Cement Hill property, located behind Kingsport’s train station, which is next to the 112-acre Brickyard Park property. In exchange, Domtar will receive Domtar Cloud Park and will contribute $500,000 toward relocating the memorial Scott Adams skate park that is currently located in Domtar Cloud Park.

Paper Excellence announced the donation of $50,000 to the Pacific Salmon Foundation to support regeneration and recovery of wild Pacific salmon. These funds will support the Pacific Salmon Foundation’s Community Salmon Program which supports volunteer and community–driven organizations that undertake salmon conservation and restoration projects. “With half of Pacific salmon populations in a serious state of decline, we welcome the generous donation from Paper Excellence, which will advance vital community-based salmon enhancement and conservation activities,” said Michael Meneer, President & CEO, Pacific Salmon Foundation. “The Community Salmon Program supports more than 300 volunteer-led programs in B.C. with dedicated individuals committed to improving salmon habitat and survival.”

Neenah Paper, Inc. announced it had signed a definitive agreement to purchase all of the outstanding equity of W.A. Sanders Coldenhove Holding B.V. Coldenhove is a specialty materials manufacturer based in the Netherlands, with a leading position in digital transfer media and other technical products. Coldenhove has annual sales of over $45 million with EBITDA of approximately $6 million. The company's advanced media is a critical component used in dye sublimation, a growing method of digital image transfer. The purchase price is expected to be approximately $45 million, subject to final closing adjustments, and will be financed with available cash and short term borrowings. Closing is expected to occur on November 1, and is subject to customary conditions. Click Read More below for additional information.