NORTHBROOK, Ill., Dec. 15, 2016 /PRNewswire/ -- KapStone Paper
and Packaging Corporation (NYSE:KS) (the "Company" or "KapStone")
is pleased to announce that, yesterday, union members at its
Longview, Washington paper mill
and box plant, AWPPW Local 153 ("the Union"), voted to ratify and
approved a new contract offer. The Union's bargaining board
unanimously supported ratification of the new contract, which
expires on May 31, 2024, for the
700-plus members of AWPPW Local 153.
Commenting on the contract ratification, Randy Nebel, President of KapStone Kraft Paper
Corporation, said: "We are pleased with the outcome of the vote.
The contract is a competitive agreement, both for the Company and
our union employees at Longview.
It provides us with greater stability at Longview to focus on building an even stronger
business for our customers, employees and shareholders."
About KapStone
Headquartered in Northbrook, Illinois, KapStone is the fifth
largest producer of containerboard and corrugated packaging
products and is the largest kraft paper producer in the United States. The Company has 4 paper
mills, 22 corrugated converting facilities, 65 distribution
centers, and approximately 6,300 employees.
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SOURCE KapStone Paper and Packaging Corporation