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Little Rapids unifies paper brands under single division
Yahoo Finance· 2026-03-03 14:35
Core Insights - Little Rapids Corporation has merged Shawano Specialty Papers and Nexxa into a single entity named Rapids Paper + Packaging, aiming to enhance capabilities in specialty paper and flexible packaging [1][2] - The merger is designed to create a more coordinated approach to product development and delivery, focusing on environmentally conscious practices [2][4] Group 1: Company Structure and Strategy - The newly formed Rapids Paper + Packaging will operate under the family-owned Little Rapids, which has over 100 years of experience in the industry [1] - The integration aims to unify expertise in specialty paper, flexible packaging, printing, and coating technologies [1][4] Group 2: Environmental Focus - Rapids Paper + Packaging will emphasize sustainable practices, including fiber sourcing, water management, waste reduction, and the development of coatings to reduce plastic consumption [2][4] - The company offers Ecova, a paper-based packaging solution designed to help customers minimize plastic usage [2] Group 3: Operational Continuity - Operations in Green Bay and Shawano, Wisconsin, will remain unchanged, with local teams continuing to provide technical services and customer support [3] - Existing customer relationships and operational footprint will be preserved during the transition [3]