KapStone Paper and Packaging Corp., Northbrook, Ill., USA, a North American producer of unbleached kraft paper products and linerboard, reports that its common stock began trading on the New York Stock Exchange (NYSE) on January 4. Kapstone's common stock ticker on the NYSE is KS.
Roger Stone, chairman and CEO, noted that "this marks the beginning of an exciting new chapter in our history. It is also a fitting way to finish off a successful year in 2009. As we strive to raise our profile with the investment community, we are honored to join the ranks of NYSE companies."
KapStone Paper and Packaging is the parent company of KapStone Kraft Paper Corp., which includes paper mills in Roanoke Rapids, N.C., and North Charleston, S.C., a lumber mill in Summerville, S.C., and five chipping mills in South Carolina. The business employs approximately 1,550 people.
TAPPI
http://www.tappi.org/