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WestRock was the 2nd largest American packaging company. It was one of the world's largest paper and packaging companies with US$ 21.3 billion in annual revenue and more than 50,000 team members in more than 300 locations in 30 countries around the world.
Smurfit Kappa and WestRock will join to create a global packaging company with a value of almost $20 billion. Smurfit Kappa has a stronghold in Europe with its corrugated and containerboard products.
The company was established as a box-maker in the Rathmines area of Dublin, Ireland in 1934 and was acquired by Mr Jefferson Smurfit in 1938, trading afterwards as Jefferson Smurfit. [3] It was listed on the Irish Stock Exchange in 1964 and acquired a partial interest in Time Industries, a Chicago-based paper and packaging company, in 1974. [4]
MeadWestvaco Corporation was an American packaging company based in Richmond, Virginia. It had approximately 23,000 employees. In February 2006, it moved its corporate headquarters to Richmond. In March 2008, the company announced a change to start using "MWV" as its brand, but the legal name of the company remained MeadWestvaco. [3]
In 2000, Enerplus merged with the Westrock Funds. [4] In 2001, Enermark was merged into Enerplus. In 2004, it bought some of ChevronTexaco's western Canadian assets for $467 million. [5] In 2005, Enerplus acquired American energy company Lyco Energy for $500 million, as part of an expansion strategy into the United States. [6]
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Smurfit-Stone Container Corporation was a global paperboard and paper-based packaging company based in Creve Coeur, Missouri, and Chicago, Illinois, with approximately 21,000 employees. [1] In 2007, Smurfit-Stone was ranked 13 in PricewaterhouseCoopers' "Top 100" forest, paper, and packaging companies in the world as ranked by sales revenue. [2]
RockTenn was an American paper and packaging manufacturer based in Norcross, Georgia.In 2015, it merged with MeadWestvaco to form the WestRock company. [5]It was one of North America's leading producers of corrugated and consumer packaging and recycling solutions, with annualized net sales of approximately $10 billion.