WestRock Company

WRK

Market cap $13.3B

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PLEASANT PRAIRIE, Wis., June 27, 2024 /PRNewswire/ -- Dermody Properties—a diversified private equity investment management company focused exclusively on the national logistics real estate sector—is pleased to announce that WestRock, a global leader in sustainable packaging, has signed a build-to-suit lease at LogistiCenter℠ at Pleasant Prairie.

The WestRock (WRK) and Smurfit Kappa merger, which will create a new company, Smurfit WestRock, has been approved by shareholders of both companies.

ATLANTA--(BUSINESS WIRE)--WestRock Company (NYSE: WRK), a leading provider of sustainable fiber-based paper and packaging solutions, today announced that, based on the preliminary vote count, WestRock stockholders voted to approve the Transaction Agreement and other proposals related to the combination of Smurfit Kappa Group plc (“Smurfit Kappa”) and WestRock (the “Combination”) at WestRock's Special Meeting of Stockholders held earlier today. Pursuant to the terms of the Transaction Agreement.

WestRock's (WRK) first VPPA Project with ENGIE is now operational, marking a step forward to achieving 2030 science-based greenhouse gas targets.

Companies in the basic material sector have performed well in the first half of 2024, aligning with previous estimates. WestRock Company is a standout in the paper and packaging industry, trading at relative premiums to peers. WRK demonstrates strong business economics, including high inventory turnover and significant free cash flow, supporting a buy rating.

ATLANTA--(BUSINESS WIRE)--For the second consecutive year, WestRock (NYSE:WRK), a leading provider of sustainable fiber-based packaging solutions, has ranked first in the Packaging and Containers industry category on the Fortune 500 list compiled by Fortune Magazine. The prestigious list recognizes the 500 largest corporations in the United States by total revenue for the 2023 fiscal year. WestRock rose to the top of its industry in 2022 and maintained its position in 2023 with $20.3 billion in.

ATLANTA--(BUSINESS WIRE)--WestRock (NYSE:WRK), a leading provider of sustainable fiber-based paper and packaging solutions, is making progress toward its science-based greenhouse gas targets by supporting the first of two Texas-based solar projects. WestRock set the stage by entering into virtual power purchase agreements (VPPAs) with ENGIE North America (ENGIE), a subsidiary of ENGIE S.A. and global leader in the net zero energy transition. Bernard Creek Solar, LLC, the first of two solar proj.

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WestRock (WRK) benefits from solid demand for corrugated packaging, containerboard, and food and beverage consumer packaging, as well as industrial packaging.