Latest news with #RossBushnell
Yahoo
16-04-2025
- Business
- Yahoo
Paper mill closing after over 200 years in Ohio; almost 800 workers impacted
A historic paper mill is set to close in Ohio. [DOWNLOAD: Free WHIO-TV News app for alerts as news breaks] Pixelle Solutions announced Tuesday that the Chillicothe paper mill will be closing, according to the company. TRENDING STORIES: Local burger restaurant announces upcoming closure 1 dead, 1 in custody after shooting at area apartment complex Neighbors frustrated as trash piles continue to grow; County encourages clean-up efforts Ross Bushnell, president and CEO of Pixelle Specialty Solutions, said it was 'an extremely difficult decision.' 'We value our Chillicothe team and the contributions they have made to Pixelle,' he said. 'While this step is necessary for our long-term strategic goals, our priority at the moment is to support our employees with care and transparency throughout this transition. We are committed to providing the resources and assistance they need while also ensuring continuity for our customers until the closure is complete.' Our news partner WBNS in Columbus reports that workers reportedly received notifications with individual timelines for the closure. About 800 employees will be out of a job. The company said the closure process is expected to be done in the next few weeks. Mike Throne, President and CEO of Chillicothe Ross Chamber of Commerce, said that paper-making has been a cornerstone of the Ross County economy for 215 years. 'This announcement brings profound sadness and significant uncertainty to the dedicated individuals and families who have poured their hearts and souls into the mill for so long,' he said. 'The thought of the impact on these employees, our neighbors, and our friends weighs heavily on us. Their years of hard work, loyalty, and the skills they have honed within those walls are deeply valued and will not be forgotten. We extend our deepest gratitude for their unwavering commitment to our community.' The company says it will move most of its operations to Pennsylvania. The mill is one of Ohio's oldest industrial landmarks. [SIGN UP: WHIO-TV Daily Headlines Newsletter]
Associated Press
03-04-2025
- Business
- Associated Press
Pixelle Announces Agreement to Sell Stevens Point Facility to Ahlstrom
Spring Grove, PA, April 03, 2025 (GLOBE NEWSWIRE) -- Pixelle Specialty Solutions LLC ('Pixelle'), a leading high-end solutions provider in food and consumer packaging applications, today announced it has entered into a definitive agreement to sell its Stevens Point, Wisconsin facility to Ahlstrom Oyj ('Ahlstrom'), a global leader in fiber-based specialty materials. The transaction is expected to close in the second quarter of 2025, subject to customary regulatory approvals and closing conditions. 'We are incredibly proud of the team at Stevens Point. Their dedication and performance have been vital to the facility's success, and we are sincerely grateful for the community's support over the years,' said Ross Bushnell, President and CEO of Pixelle. 'Ahlstrom is a highly respected global leader, and we're confident they will carry forward the strong legacy and operations of the Stevens Point facility.' Pixelle remains focused on delivering high-end solutions in food and consumer packaging applications to customers across North America, backed by a stable and experienced manufacturing network. The company continues to prioritize operational excellence, customer service, and identifying opportunities aligned with its long-term strategic vision. This decision was made following careful consideration of how to best support those goals. 'The acquisition of the Stevens Point operation is a pivotal step in our journey to enhance our technology offerings and expand our solutions and market coverage,' says Konraad Dullaert, Executive Vice President (EVP) Food & Consumer Packaging and Chief Innovation Officer, Ahlstrom. 'This business and its highly experienced, top-class team will significantly enhance our capabilities, enabling us to deliver innovative and sustainable packaging solutions to our customers in North America and beyond. We are excited about the opportunities this acquisition brings and are committed to leveraging these advancements to drive growth.' Pixelle has operated the Stevens Point facility since 2020. The company is committed to working with Ahlstrom to support a smooth transition for employees, customers, and partners. UBS Investment Bank served as financial advisor and Ropes & Gray provided legal counsel to Pixelle on the transaction. About Pixelle Specialty Solutions Headquartered in Spring Grove, Pennsylvania, Pixelle Specialty Solutions LLC is a leading manufacturer of specialty papers, with operations across North America. Through innovation, quality, collaboration, and research and development, Pixelle – a proud American company – delivers high-performance solutions with one of the most comprehensive portfolios in the industry.
