• Home
  • News
    • UP 200
    • Local
    • Lansing Bureau
    • Washington D.C. Bureau
    • National
    • Insights
    • Watch 19 News Live
    • CBS News Live
    • Report News
  • Weather
    • Forecast + Conditions
    • Current Alerts
    • Interactive Radar
    • Cameras
    • Share Photos/Videos
    • Closings and Delays
  • Sports
  • Features
    • Life in the 906
    • The Yooper Goddess
WZMQ 19 News | CBS | MeTV Marquette
Partly Cloudy

Marquette
Partly Cloudy 84°

Clear

Escanaba
Clear 78°

Light Rain

Houghton
Light Rain 70°

Clear

Iron Mountain
Clear 86°

Watch
No Result
View All Result
  • Home
  • News
    • UP 200
    • Local
    • Lansing Bureau
    • Washington D.C. Bureau
    • National
    • Insights
    • Watch 19 News Live
    • CBS News Live
    • Report News
  • Weather
    • Forecast + Conditions
    • Current Alerts
    • Interactive Radar
    • Cameras
    • Share Photos/Videos
    • Closings and Delays
  • Sports
  • Features
    • Life in the 906
    • The Yooper Goddess
WZMQ 19 News | CBS | MeTV Marquette
No Result
View All Result
WZMQ 19 News | CBS | MeTV Marquette
No Result
View All Result

1 Weather Alert

View Details »

Billerud will not proceed with Escanaba mill conversion

by Lily Simmons
May 21, 2024
A A

ESCANABA, Mich. (WZMQ) – Billerud’s Board of Directors has decided not to proceed with plans to convert its Escanaba mill to carton board production. Instead, the company says it will “target to shift its product mix” gradually towards packaging materials in North America with a moderate investment level.

“After in-depth feasibility studies, evaluations, and supplier discussions, we have concluded that the projected return on investment is not sufficiently attractive to proceed with the conversion of Escanaba to cartonboard production,” says Ivar Vatne, President and CEO of Billerud. “During the process, conditions have changed and the cost of equipment and services necessary to transform the operations have greatly increased. Instead, we will pursue a higher returning and more moderate investment strategy for our North American mills going forward.”

“Billerud North America operations are an integral part of Billerud and we remain committed to the North American market. Since the acquisition in 2022, the organizational fit, access to cost competitive fiber and the financial performance of the region have exceeded our expectations. The long-term market outlook for paper and packaging material in North America is promising. With better-than-expected machine flexibility we see great potential to diversify our product portfolio towards packaging grades – fully in line with our strategy,” says Ivar Vatne.  

Billerud says it will continue to serve the North American markets with cartonboard produced at its European mills.

WZMQ 19 has reached out to Billerud for comment.

Get WZMQ 19 anytime, anywhere

Download the app

AppleAndroid

Watch on TV

RokuFire TVZeam

Connect on social media

FacebookTwitterInstagram

More

News

Marquette Kiwanis Club holds 30th annual Fourth of July Parade

July 4, 2025
News

Gladstone celebrates Fourth of July with annual parade

July 4, 2025
News

Bark River Township holds annual July 4th tug-of-war competition

July 4, 2025
Co-founder Tom Nault leads the Patriotic Pedal Parade
News

Delta County cyclists ride in 6th annual Patriotic Pedal Parade

July 4, 2025
News

Body recovered from Lake Superior within Pictured Rocks National Lakeshore

July 3, 2025 - Updated on July 4, 2025
News

Boaters share their Independence Day Spirit

July 3, 2025 - Updated on July 4, 2025
Next Post

Democrats Continue to Push for Abortion Access, Ballot Measures Show Voters Tend to Approve Abortion Rights

Presque Isle open for summer with updated walking hours and safety reminders

  • Home
  • News
  • Weather
  • Sports
  • Features
  • Events
  • Programming
  • Station
WZMQ CBS | 19 News

© 2025 WZMQ, LLC | FCC Public File | EEO Report

No Result
View All Result
  • Home
  • News
    • UP 200
    • Local
    • Lansing Bureau
    • Washington D.C. Bureau
    • National
    • Insights
    • Watch 19 News Live
    • CBS News Live
    • Report News
  • Weather
    • Forecast + Conditions
    • Current Alerts
    • Interactive Radar
    • Cameras
    • Share Photos/Videos
    • Closings and Delays
  • Sports
  • Features
    • Life in the 906
    • The Yooper Goddess
  • Events
  • Programming
    • Programming Guide
    • CBS
    • MeTV
    • Start TV
    • Heroes & Icons
    • Court TV
    • ION
  • Station
    • About Us
    • Community Involvement
    • Mobile App
    • Meet the Team
    • Contact
    • Careers
    • Advertising
    • Request Copy of Story
    • FCC Public File
    • EEO Report
No Result
View All Result
  • Home
  • News
    • UP 200
    • Local
    • Lansing Bureau
    • Washington D.C. Bureau
    • National
    • Insights
    • Watch 19 News Live
    • CBS News Live
    • Report News
  • Weather
    • Forecast + Conditions
    • Current Alerts
    • Interactive Radar
    • Cameras
    • Share Photos/Videos
    • Closings and Delays
  • Sports
  • Features
    • Life in the 906
    • The Yooper Goddess
  • Events
  • Programming
    • Programming Guide
    • CBS
    • MeTV
    • Start TV
    • Heroes & Icons
    • Court TV
    • ION
  • Station
    • About Us
    • Community Involvement
    • Mobile App
    • Meet the Team
    • Contact
    • Careers
    • Advertising
    • Request Copy of Story
    • FCC Public File
    • EEO Report
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our privacy policy.