News for June 2018

Australia’s richest person to invest $2B in US, create 5,000 high-paying jobs (video)

Anthony Pratt, the richest person in Australia, will be investing nearly $2 billion in the U.S. in hopes of creating new jobs and doubling American food production – and he credits it all to President Trump’s business-friendly Tax Cuts and Jobs Act of 2017. Full story Source: Container Board

WestRock Announces Sale of Cabin Bluff Property to The Nature Conservancy

WestRock Company (NYSE:WRK) today announced the sale of its Cabin Bluff property to The Nature Conservancy. Consisting of 11,172 acres of upland longleaf forests, marshes, forested hammocks and wildlife, the property is positioned across the intracoastal waterway from Cumberland Island National Seashore in Georgia. Full story Source: Container Board

Mondi to introduce latest corrugated packaging solution in Russia (for e-commerce)

Packaging and paper producer Mondi is set to introduce its latest e-commerce solution, Re(use), in Russia. Full story Source: Container Board

CompanyBox Signs for HP PageWide C500 to Establish All-digital Packaging Plant

CompanyBox purchased a new HP PageWide C500 Press to produce digital post-print corrugated packaging. Full story Source: Container Board

Supreme Court reversal on state sales tax deals major blow to e-commerce businesses

With its decision on South Dakota v. Wayfair, the court paved the way for states to introduce legislation that will require e-tailers to collect sales tax. Full story Source: Container Board