Kap Paper
Kap Paper Inc. operates an integrated pulp and paper mill in Kapuskasing, Ontario, producing FSC-certified newsprint and bulk paper at 220,000 metric tons annual capacity for publishing and printing customers across the U.S. Northeast, Midwest, and Eastern Canada.
- Company typePrivate
- Founded1922
- HeadquartersKapuskasing, Canada
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What Kap Paper does
Kap Paper Inc. is a privately held, integrated pulp and paper manufacturer that operates a single mill in Kapuskasing, Ontario, producing FSC-certified newsprint and bulk paper at a nameplate capacity of 220,000 metric tons per year. The company was formed in 2024 when GreenFirst Forest Products restructured, spinning off the historic Kapuskasing mill — which has operated continuously since 1922 — into a standalone entity. Kap Paper's products are manufactured from virgin pine and spruce fiber sourced from Canadian forests and carry both FSC and PEFC Chain of Custody certifications, with the company holding a domain specialization advantage in producing clean, uniform, high-runnability paper grades tailored to publishing and printing customer specifications. Its product portfolio spans four grades: standard Newsprint, Bulk Paper, Book Paper Grades (regular and 65 Brite), and Newsprint Grades (regular and 65 Brite).
Kap Paper sells primarily into the U.S. Northeast, U.S. Midwest, and Eastern Canada markets through a direct sales-led GTM motion targeting enterprise publishing and printing customers. The company's revenue model is straightforward commodity product sales — no public pricing is disclosed, and quotes are structured around specifications and volume. The mill directly employs approximately 240 workers and supports up to 2,500 indirect jobs across regional forestry and logistics, making it a critical anchor for the Northern Ontario integrated forestry supply chain.
The company is in active turnaround following a mill idling event, with the mill restarting operations in October 2025 after receiving a combined $78.8 million federal-provincial bailout. Since then, Kap Paper has secured an additional $10 million in FedNor operational funding and $7.5 million in Strategic Response Fund grants to conduct a FEED study for a potential medium-density fibreboard (MDF) facility — a strategic pivot intended to diversify into higher-value wood products and reduce exposure to the structurally declining newsprint market. Capital structure reflects this transitionary state, with a $24 million third-party loan supplementing successive government grants.
Kap Paper firmographics
Firmographics- Name
- Kap Paper
- Legal name
- KAP Paper Inc.
- Website
- https://kappaper.ca
- Company type
- Private
- Founded year
- 1922
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Kap Paper Inc. operates an integrated pulp and paper mill in Kapuskasing, Ontario, producing FSC-certified newsprint and bulk paper at 220,000 metric tons annual capacity for publishing and printing customers across the U.S. Northeast, Midwest, and Eastern Canada.
- Ownership category
- akta.pro rank
Kap Paper industry classification
Industry- Product category
- Pulp and Paper Manufacturing
- NAICS
- Paper Mills (32212), Pulp, Paper, and Paperboard Mills (3221), Pulp Mills (32211), Paper Manufacturing (322)
- SIC
- Paper Mills (2621), Papers & Allied Products (2600)
- akta.pro primary industry
- Newsprint Paper Manufacturing (IMAMAEAB)
- akta.pro secondary industries
- Market Pulp (Bleached Hardwood/Softwood Kraft) (IMAMADAA), Printing & Writing Paper Manufacturing (IMAMAEAA)
Keywords
Where Kap Paper is headquartered
LocationHeadquarters
- HQ city
- Kapuskasing
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Kap Paper business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D
Revenue model
- Newsprint and Bulk Paper Sales: Manufacturing and sale of FSC-certified newsprint and bulk paper products to printing and publishing industries in U.S. Northeast, Midwest, and Eastern Canada markets
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Kap Paper product offering
Product offeringCore offering
Kap Paper operates an integrated pulp and paper manufacturing facility in Kapuskasing, Ontario, producing FSC-certified newsprint and bulk paper products from virgin pine and spruce fiber sourced from Canadian forests. The mill produces four core product lines—Newsprint, Bulk Paper, Book Paper Grades, and Newsprint Grades—at a 220,000 metric ton annual capacity, serving printing and publishing customers in the U.S. Northeast, U.S. Midwest, and Eastern Canada.
Product overview
Kap Paper operates an integrated pulp and paper manufacturing facility producing FSC-certified newsprint and bulk paper products from virgin pine and spruce fiber sourced from Canadian forests. The company produces four main product lines: Newsprint, Bulk Paper, Book Paper Grades, and Newsprint Grades—all manufactured at their 220,000 metric ton annual capacity facility in Kapuskasing, Ontario. The facility focuses on markets in the U.S. Northeast and Midwest, and Eastern Canada, with products tailored to customer specifications and optimized for printing processes.
Differentiator
Problem solved
Functional benefit
Products and services
- Newsprint High-quality Forest Stewardship Council (FSC) certified newsprint produced from virgin pine and spruce fiber from Canadian forests, suitable for a wide range of printing processes with superior uniformity, reliability, and runnability. Manufactured for newspaper and commercial printing customers.
- Bulk Paper Controlled bulk paper produced from virgin pine and spruce fiber, tailored to meet customer specifications and market needs with clean, strong sheet characteristics for publishing and printing applications.
- Book Paper Grades Specialty book paper grades including regular and 65 Brite variants, designed for publishing applications with high quality standards.
- Newsprint Grades Newsprint grades including regular and 65 Brite variants, designed for newspaper printing and publishing applications.
Quantifiable outcome
- 220,000 metric tons annual production capacity
- +1 more outcomes
Companies that use Kap Paper
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles1 record
Kap Paper technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Kap Paper partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered strategic and core.
- GreenFirst Forest ProductsstrategicKap Paper was previously a subsidiary of GreenFirst Forest Products. GreenFirst announced restart of operations at its key customer Kap Paper, with government collaboration aimed at stabilizing the forestry sector in Northern Ontario.
- Regional sawmill industrycoreKap Paper provides outlet for wood chips and sawmill residues used in operations, supporting local sawmill industry viability. A financially viable Kap Paper enables regional sawmills to make significant investments and is essential for the integrated forestry supply chain.
Scale indicators6 records
Recent moves7 records
Expansion highlights4 records
Kap Paper competitors and assessment
Company assessmentDirect peers
- Resolute Forest Products: Major Canadian pulp and paper producer with significant newsprint and printing papers capacity across North America. Directly comparable as a North American newsprint/printing paper manufacturer serving similar publishing customers.
- Kruger Inc. Canadian forest products company producing newsprint, specialty papers, and pulp with mills in Quebec and Ontario. Directly comparable as a regional integrated pulp and paper manufacturer serving U.S. and Canadian publishing markets.
- Domtar Corporation: One of North America's largest pulp and paper producers with operations in printing and specialty papers, including newsprint-adjacent grades. Comparable as a major North American paper manufacturer serving publishing customers.
- Catalyst Paper Corporation: Canadian newsprint and printing paper producer operating mills in British Columbia and other locations. Directly comparable as a Canadian-focused newsprint manufacturer serving North American publishing markets.
- Twin Rivers Paper Company: North American manufacturer of specialty printing and packaging papers. Comparable as a North American-focused paper producer serving publishing and printing customers with specialty grades.
Emerging players
- GreenFirst Forest Products: Former parent of Kap Paper, GreenFirst is a Canadian forest products company focused on lumber and wood products. Highly relevant because of prior ownership relationship and shared regional forestry supply chain in Northern Ontario.
Broad incumbents
- Rayonier Advanced Materials: Large diversified cellulose specialties and paper producer that previously acquired Tembec (former Kap Paper owner). Comparable through prior ownership and shared exposure to dissolving pulp and paper markets.
- Tembec Inc. (now part of RYAM): Former owner of the Kapuskasing mill before Rayonier acquisition; a Canadian integrated forest products company producing pulp, paper, and specialty cellulose. Comparable through historical ownership of the same asset.
- Stora Enso: Global Finnish-Swedish pulp and paper manufacturer with significant North American and European operations including newsprint and packaging papers. Comparable as a large integrated pulp and paper producer in declining print paper markets.
- UPM-Kymmene: Global Finnish forest products company producing printing papers, including newsprint, with European focus. Comparable as a major integrated newsprint/printing paper manufacturer navigating digital substitution.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Kap Paper social profiles
Digital presenceKap Paper compliance and trust
Trust signalCompliance2 records
Kap Paper financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kap Paper leadership team
Management profileNumber of profiles
Profiles5 records
Kap Paper funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kap Paper M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kap Paper
What does Kap Paper do?
Kap Paper operates an integrated pulp and paper manufacturing facility in Kapuskasing, Ontario, producing FSC-certified newsprint and bulk paper products from virgin pine and spruce fiber sourced from Canadian forests. The mill produces four core product lines—Newsprint, Bulk Paper, Book Paper Grades, and Newsprint Grades—at a 220,000 metric ton annual capacity, serving printing and publishing customers in the U.S. Northeast, U.S. Midwest, and Eastern Canada.
Is Kap Paper a public or private company?
Kap Paper is a private company. It is classified as unknown and is currently operating.
When was Kap Paper founded?
Kap Paper was founded in 1922. It employs 251 to 500 people.
Where is Kap Paper based?
Kap Paper is headquartered in Kapuskasing, Canada, in the North America region.
How does Kap Paper make money?
One revenue line is on record: newsprint and Bulk Paper Sales.
Who are Kap Paper's main competitors?
Direct peers on record are Resolute Forest Products, Kruger Inc., Domtar Corporation, Catalyst Paper Corporation and Twin Rivers Paper Company. GreenFirst Forest Products is listed as an emerging player. Broad incumbents are Rayonier Advanced Materials, Tembec Inc. (now part of RYAM), Stora Enso and UPM-Kymmene.
Does Kap Paper have an API?
No public API is recorded for Kap Paper.
What industry is Kap Paper in?
Kap Paper's product category is Pulp and Paper Manufacturing. Its primary akta.pro industry code is IMAMAEAB, Newsprint Paper Manufacturing, with a secondary code of IMAMADAA, Market Pulp (Bleached Hardwood/Softwood Kraft). Its NAICS code is 32212 and its SIC code is 2621.