International Paper to Acquire NORPAC, Expands U.S. Containerboard Capacity
Paper Recycling | 2026-04-20 05:35:04
He emphasized the benefits of NORPAC’s strong customer base and operational capabilities.
By Paul Ploumis
SEATTLE (Scrap Monster): International Paper has announced an agreement to acquire North Pacific Paper Company from One Rock Capital Partners for $360 million, strengthening its position in sustainable packaging and containerboard production.
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NORPAC operates a major paper mill in Longview, Washington, employing around 500 workers. The facility runs three advanced paper machines with an annual production capacity of nearly one million tons of containerboard and related grades. The acquisition is expected to enhance International Paper’s mill network by improving system flexibility, lowering operational costs, and expanding its ability to meet rising demand for lightweight, high-performance recycled containerboard.
Tom Hamic stated that the deal aligns with the company’s long-term value creation strategy and strengthens its presence in the growing U.S. West Coast market. He emphasized the benefits of NORPAC’s strong customer base and operational capabilities.
Tony Lee noted that the transaction reflects the value created during the firm’s ownership and positions NORPAC for future growth under International Paper.
The acquisition remains subject to regulatory approvals.
POLL
Will consolidation in the paper and packaging industry improve operational efficiency?
Frequently Asked Questions
- What are the key benefits of this acquisition?
It enhances production capacity, improves operational efficiency, and strengthens the company’s ability to meet demand for lightweight recycled containerboard.
- What is NORPAC’s production capacity?
The facility has an annual capacity of nearly one million tons of containerboard and related grades.
- Is the deal finalized?
No, the acquisition is still subject to regulatory approvals.
