Business
Finnish Company Moves U.S. Headquarters to Peachtree Corners
Published
3 years agoon
Valmet’s corporate mission of sustainable energy and carbon-neutral production fits in with local goals.
The appealing aspects of Peachtree Corners led leaders of Valmet, a Finnish-based global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries, to move its headquarters to the city.
“In about March of last year, we started thinking about relocating our office from Duluth to somewhere else,” said Jukka Tiitinen, Valmet area president, North America. “To find a new home for our North American headquarters that represents our values and represents the flavor and nature of our company, we took quite a bit of time to go and visit different neighborhoods, different areas and looked at different buildings. And we settled here. …I don’t see how we could have done any better. This is fantastic.”
The company cut the ribbon on its new offices on May 11 with local dignitaries, media and the Valmet CEO Pasi Laine, who came in from Finland for the occasion.
Laine explained how Valmet didn’t have early successes in the North American pulp and paper industry. In 1988, the company had some business interests here, but the capital activities were on the decline and continued that way for decades.
“We weren’t selling too many machines and didn’t have too many partners,” he said, adding that Valmet didn’t give up on North America and kept strengthening the business through several mergers and acquisitions.
Part of the issue, Laine said, was that there were a lot of small businesses in the group that wanted their own processes and procedures. They wanted to maintain their old identity, offices and even logos. “It was practically impossible to get the people even in automation,” he said, adding that the North American customers weren’t seeing any continuity.
But the company continued to invest and improve production through technological advances and a management style that had come together in a “learning cluster” of sorts. Now, 30 years later, Valmet has added some of the state’s and the country’s major players in the industry as partners. Household names like International Paper and Georgia Pacific have Valmet machines and staff working in their plants and mills.
“Now, currently, we have about 2,000 people here, we have big business under civilian revenue and a lot of lot of customers and good personnel as well,” said Laine. “Now we have learned how important it is to work with each other, talk with each other and learn from each other. And I think that’s the big change that has happened over the decades in the company.”
Like-minded neighbors
The collaboration Valmet has seen with Curiosity Lab and other endeavors in Peachtree Corners is the exact business model the company projects. Laine’s interactions with local CEOs have shown that maintaining the status quo isn’t good enough any longer.
“They were saying that it’s not a good strategy anymore just to maintain the old machines and run them out. They started to say that they have to start to invest to make a difference. And today, we have a totally different situation than 10 years ago. Most of our customers are believing that it’s worthwhile to invest in North America,” said Laine.
The company isn’t limited to paper products like tissue, boxes and the like. Valmet is organized around five business lines: services, pulp and energy, paper, automation systems and flow control. The company serves five geographical areas, North America, South America, EMEA (Europe, Middle East and Africa), Asia Pacific and China.
With more than 220 years of industrial history, Valmet has a strong track record in continuous improvement and renewal, and has more than 17,000 employees worldwide. The combined company net sales in 2021 were approximately 4.5 billion euros which converts to about $4.7 billion in U.S. currency.
Valmet’s continuing mission is to convert renewable resources into sustainable results. This means that its technology and services make it possible for customers to manufacture sustainable products from renewable resources.
“We believe that technology plays a crucial role to mitigate climate change and global warming. Our target is to enable 100% carbon-neutral production for all our pulp and paper customers by 2030,” according to corporate statements. “We believe that technology plays a key role in mitigating climate change and global warming in the transition to a carbon-neutral economy. Valmet has a long track record in providing solutions that convert biomass into renewable energy and recyclable products such as pulp, paper, board and tissue. We have also developed and commercialized new biomass conversion technologies for producing new bio-based end products such as biogas, biofuels and biomaterials.”
Peachtree Corners Mayor Mike Mason agreed that Valmet fits in with the local business climate of companies that are working to change the world for the better.
“Welcome to the community — and most importantly, thank you for making the decision to come here,” Mason said. “And from talking with your leadership, hearing what you do, you make, what’s important to you about this decision, you made the right decision.”
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Arlinda Smith Broady is part of the Boomerang Generation of Blacks that moved back to the South after their ancestors moved North. With approximately three decades of journalism experience (she doesn't look it), she's worked in tiny, minority-based newsrooms to major metropolitans. At every endeavor she brings professionalism, passion, pluck, and the desire to spread the news to the people.
Business
PCBA Continues Charitable Giving at November Event
Published
4 weeks agoon
November 25, 2024The Peachtree Corners Business Association (PCBA) awarded a check for $500 to the United Way of Greater Atlanta (Gwinnett County) at their Business After Hours networking event in November.
The local organization was chosen by PCBA’s Outreach Committee because of their commitment to providing assistance and bettering the lives of children within the community.
United Way of Greater Atlanta
The mission of United Way of Greater Atlanta is to engage and bring together people and resources to drive sustainable and equitable improvements in the well-being of children, families and individuals in local communities.
“Greater Atlanta is one of the most vibrant regions in the country, but the region has significant barriers to realizing its potential in the future because of its continued ranking at the bottom of the list of metro areas in income mobility,” stated Vanessa Roussell, United Way senior director of corporate relations.
“Children born in low-income households have only a 4% chance of getting out of poverty in their lifetime,” she continued. “We at United Way of Greater Atlanta don’t like those odds. Our work is about changing them so that children — regardless of where they’re born — have the chance to realize their potential and build lives that sustain themselves, their families and their communities.
Assessing needs within the county
The organization’s goal is to help every child unlock their full potential, by improving education, healthcare, resources and economic mobility in the communities where they live. Their “every child program” includes every child in Gwinnett.
Based on the 2023 census track for Gwinnett County, 94,308 people living in Gwinnett County are at risk, particularly in and around Sugar Hill/Buford, Duluth, Norcross, Lawrenceville, Lilburn and Snellville. The highest-need residents are located in the I-85 corridor, mainly around Duluth, Norcross and Lilburn.
Giving back to support the community
“The PCBA is proud to donate a check for $500 to United Way of Greater Atlanta (Gwinnett County),” said PCBA President, Lisa Proctor. “Our outreach committee and board are committed to supporting our community, and investing in the well-being of the children in our community aligns with our core principles. We know that our dollars will be targeted to help those at highest risk … We are glad to have the local Gwinnett chapter located right in our community.”
Funds for the PCBA Community Outreach Program are raised throughout the year from PCBA membership, sponsorship and an annual charity event. Donations and scholarships are awarded at their monthly events so that members have the opportunity to learn more about the community organizations and their programs.
Over the past 12 years, the PCBA has awarded 19 scholarships to outstanding graduating high school seniors and donated in excess of $165,500 back into the community.
About Peachtree Corners Business Association
“Where businesses come to grow,” the Peachtree Corners Business Association (PCBA) is a business membership organization that focuses on innovative approaches, programs, shared resources, community outreach and opportunities for member businesses and professionals to connect, develop, grow and prosper.
The PCBA is made up of businesses of all sizes and types who want to expand their reach and grow their business within Peachtree Corners and the greater metro Atlanta area.
For more information visit peachtreecornersba.com.
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Around Atlanta
Metro Atlanta Redevelopment Visionaries Honored at 2024 MARS Summit
Published
1 month agoon
November 8, 2024Tim Perry, managing director and chief investment officer of Jamestown named Redevelopment Champion of the Year
The Metro Atlanta Redevelopment Summit (MARS), presented by Gwinnett’s Community Improvement Districts and co-hosted by Partnership Gwinnett and the Council for Quality Growth, offered an exclusive look at major redevelopment projects shaping the future of the region.
This year’s event not only highlighted emerging trends in the redevelopment industry but also provided valuable networking opportunities for professionals across metro Atlanta. Attendees gained insight into best practices through discussions on successful revitalization projects.
The summit’s marquee moment was the presentation of the annual MARS Awards, recognizing remarkable achievements in redevelopment that are transforming the metro Atlanta landscape.
The keynote address was delivered by Joe Minicozzi, a renowned urban planner and founder of Urban3, who shared his expertise on land use, urban design and economics. In addition to the keynote, the event featured dynamic panel discussions with local leaders and key partners from across the metropolitan area, spotlighting successful projects and innovative strategies in the region.
Chairwoman Nicole Love Hendrickson concluded the summit with closing remarks, emphasizing the continued growth of the region and the collective efforts driving its future.
2024 MARS Awards winners
The MARS Awards ceremony celebrated projects that have made significant economic impacts on their communities and honored Tim Perry, an individual who has dedicated his career to advancing successful redevelopment initiatives.
Redevelopment Champion of the Year: Tim Perry, managing director and chief investment officer of Jamestown
Runner up: Paul Radford, Sugar Hill city manager
Small Redevelopment Project of the Year: The Historic Jones Building
The historic Jones Building, one of the oldest structures in Cherokee County, has been revitalized to meet modern needs while preserving its storied past. This ambitious 28-month restoration culminated in August 2024, breathing new life into this cornerstone of downtown Canton and creating a dynamic space for work, dining, and play.
Runner up: The Hands of Christ Duluth Co-Op
Medium Redevelopment Project of the Year: The Grove at Towne Center
The Grove at Towne Center is a transformative development in the heart of Snellville. With 33,000 square feet of restaurant space, 10,000 square feet of retail and the new Elizabeth H. Williams Branch of the Gwinnett Public Library, The Grove offers an ideal blend of dining, shopping and cultural experiences.
Runner up: Springside Powder Springs
Large Redevelopment Project of the Year: The Works
The Works is an innovative, 80-acre adaptive reuse community that reimagines a historic warehouse district in Atlanta’s Upper Westside. The first phase, spanning 27 acres, introduced a dynamic mix of 218,000 square feet of unique retail and dining spaces, 118,000 square feet of creative office space and Westbound at The Works — a modern 306-unit multi-family residence.
Runner up: The Forum at Peachtree Corners
“Community redevelopment is essential in creating vibrant, thriving spaces that enhance the quality of life and drive sustainable economic growth for the entire region,” said Deven Cason, vice president of economic development for Partnership Gwinnett.
“We proudly congratulate this year’s award winners and finalists for their innovative contributions and tireless efforts in revitalizing our communities. Their work is not only reshaping local landscapes but also fueling long-term economic prosperity in metro Atlanta. We are grateful for their dedication to building a brighter, more prosperous future.”
2024 sponsors
The program was held at the former Georgia Baptist Convention Center, Maison6405, and welcomed more than 200 industry attendees.
Sponsors included Evermore CID, Gateway 85 CID, Gwinnett Place CID, Lilburn CID, Sugarloaf CID, C2H Air, Hogan Construction, Northside, Primerica, The Forum, Gas South, Jackson EMC, Select Fulton, True North 400, ABEV Power Solutions, City of Suwanee, Curiosity Labs, Geo Hydro Engineers, Georgia Power, Lose Designs, City of Lawrenceville, City of Norcross, City of Peachtree Corners, City of Sugar Hill and Town of Braselton.
For more information on revitalization and redevelopment efforts in the region, visit partnershipgwinnett.com.
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Business
TransPak Acquires Reid Packaging to Expand East Coast Presence
Published
2 months agoon
October 16, 2024The strategic acquisition strengthens TransPak’s Southeast presence and expands their capabilities in custom packaging for military, aerospace and high-value equipment.
TransPak, a global leader in logistics, packaging and crating services, recently announced the acquisition of Reid Packaging, a long-standing provider of custom packaging solutions based in Peachtree Corners. Both family-owned and operated companies share a deep-rooted commitment to quality craftsmanship, reliability and customer service, making the acquisition a natural fit.
Reid Packaging, founded in 1982, has distinguished itself as the go-to customer industrial packager in the metro Atlanta region, providing corrugated, foam and custom-engineered crating solutions, particularly in the military and aerospace industries.
Under the ownership of Ward Phillips since 2008, the company has grown to become one of the largest packaging facilities in the region, with a 60,000-square-foot site.
The acquisition will allow TransPak to expand its local manufacturing capabilities in the Southeast, while leveraging Reid Packaging’s expertise in specialized and heavy-duty custom crates.
Strategic Atlanta location and enhanced capabilities
The acquisition is part of TransPak’s strategic expansion into the Atlanta market, a critical logistics hub for both the renewable energy and semiconductor industries.
“We’re thrilled to welcome Reid Packaging into the TransPak family,” said Tomas Molet, executive vice president of East and Midwest Operations, TransPak. “With Reid Packaging’s prime location in Peachtree Corners, we are now able to serve customers throughout the Southeast, including direct routes to the Carolinas and beyond. This acquisition strengthens our ability to meet the needs of existing clients, especially those in the semiconductor and renewable energy sectors.”
In addition to the strategic location, the acquisition brings new manufacturing capabilities to TransPak’s East Coast operations. Reid Packaging’s facility is now the largest of TransPak’s locations in the region. Its offerings include enhanced services, such as heavy-duty and triple-wall corrugated packaging, which will enable TransPak to meet the growing demand for custom-designed packaging solutions for fragile, high-value equipment.
Commitment to employees and leadership appointments
A key focus of the acquisition was ensuring a smooth transition for Reid Packaging’s employees.
“We made a commitment to Ward Phillips to take care of the staff, and we’ve delivered on that promise,” said Molet. “All employees were retained, and we’ve introduced benefits they previously didn’t have as part of our commitment to making this a positive transition for everyone involved.”
Amanda Gautney, a longtime member of TransPak’s leadership team, has been appointed as the operations manager for the Peachtree Corners facility. “I’m excited to work with the team at Reid and continue the legacy of this respected company,” said Gautney.
Looking forward in Atlanta
TransPak plans to continue operating under the Reid Packaging name for the immediate future. However, the facility will gradually transition to full integration under the TransPak brand, reflecting the shared values and commitment to quality of both companies.
About TransPak
Headquartered in Silicon Valley, TransPak has been providing innovative and cost-effective design, crating, packaging and global logistics for over 70 years.
As a customer-focused, women- and family-owned company, TransPak combines the agility of a small business with the reliability of a global powerhouse. TransPak lives by the slogan, “We make it happen,” ensuring that high-value, fragile, and oversized goods reach their destinations safely and efficiently.
For more information about TransPak, visit transpak.com.
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