Where is Domtar headquarters located?
Fort Mill, South Carolina, United States
Domtar/Headquarters
When did Domtar close?
With most of the crews and many bystanders in attendance, the #1 paper machine at Domtar’s Cornwall mill stopped production at 7:43 a.m. on Monday, March 13. In production for roughly 125 years, the shutdown marked the last paper produced at the facility.
How many mills does Domtar own?
Our network of 12 pulp and paper mills and 9 manufacturing and converting facilities gives us approximately 2.7 million tons of papermaking capacity and 1.5 million air-dried metric tons (ADMT) of market pulp capacity annually to help us to serve our customers, support our employees and strengthen our communities.
Who owns Domtar?
Paper Excellence
Paper Excellence, a global manufacturer of pulp and printing, writing, specialty, and packaging papers, has acquired Domtar, the largest integrated producer of uncoated free-sheet paper in North America, for $55.50 per share.
What happened to Domtar?
In 2016, the acquisition of Home Delivery Incontinence Supplies (HDIS) gave Domtar a direct-to-consumer channel for personal care products. In 2021 the Personal Care business was sold.
Does Weyerhaeuser own Domtar?
Weyerhaeuser Company (NYSE: WY) today announced that it has reached a definitive agreement to combine its Fine Paper business and related assets with Domtar Inc. The transaction gives Weyerhaeuser shareholders 55 percent ownership in the new company and includes a $1.35 billion cash payment to Weyerhaeuser.
Is Domtar shut down?
Domtar announced today they will be permanently closing their remaining paper machine at the Ashdown, Arkansas mill. The machine has been idled since April 2020. The mill will now only produce pulp. Domtar made the announcment today in its preliminary second quarter 2020 financial results.
Who bought Domtar Kamloops?
KAMLOOPS — B.C. based Paper Excellence has announced it is has reached a deal to acquire Domtar for approximately $3 billion USD. In a release from Paper Excellence today (May 11), the company says it will keep operations of Domtar as a stand-alone business entity.
How many employees does Domtar have?
Our Company Approximately 6,400 employees make our products at 21 manufacturing facilities located around the world.
Is Domtar being sold?
Domtar sold to Richmond-based Paper Excellence for close to $3 billion. It appears Domtar will be going private. The publicly-traded company, which owns the pulp mill in Kamloops, has been sold to Paper Excellence for about $3 billion. Reports indicate the deal is worth $2.8 billion.
Is Domtar a Canadian company?
Domtar Inc is a Canadian manufacturer of paper products with headquarters in Montréal. Founded in 1929 as the Dominion Tar and Chemical Company Ltd to acquire the assets of a former business of the same name, the company became Domtar Ltd in 1965 and adopted its present name in 1977.
Who bought Domtar Kingsport?
KINGSPORT, Tenn. (WJHL) – Domtar will be acquired by a paper manufacturing company in a deal representing three billion dollars. According to a release from Domtar’s newsroom, Paper Excellence and Domtar entered an agreement which resulted in all of Domtar’s shares of common stock.