Pension Fund

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Billerud Americas Corporation

Billerud Americas Corporation was formed after Billerud AB acquired Verso Corporation in 2022. The corporate entity functions as an asset owner with a...

Billerud Americas Corporation

Billerud Americas Corporation was formed after Billerud AB acquired Verso Corporation in 2022. The corporate entity functions as an asset owner with a disclosed $866 million in assets under the subtype of pension fund. The firm holds direct ownership of industrial assets including the Escanaba Mill and Quinnesec Mill in Michigan, both fully integrated paper and pulp facilities. Additional holdings comprise the Wisconsin Rapids Converting Facility, five hydroelectric generation facilities rated at 33.33 megawatts, and multiple distribution centers. Geographic footprint centers on the United States with primary operations in Michigan and Wisconsin. The entity sold the idled Wisconsin Rapids Mill Site in 2024 to PCR Rapids 1, LLC. It maintains the Escanaba Mill Community Giving Program focused on education and local services in Michigan's Upper Peninsula. Memberships include the American Forest & Paper Association and the Sustainable Forestry Initiative. Ownership flows through holding companies such as Billerud US Production Holding LLC and Billerud Wisconsin LLC, all 100 percent controlled by Billerud Americas Corporation.

General information

Firm type

Pension Fund

Location

Region

North America

Country

United States

City

Miamisburg

Principals

Kevin Kuznicki

President of Billerud North America and General Counsel

Rob Kreizenbeck

Former President

Sector focus

Industrial

Frequently asked questions

Who runs investment decisions at Billerud Americas Corporation?

Kevin Kuznicki serves as President of Billerud North America and General Counsel. Rob Kreizenbeck previously held the role of President.

What assets does Billerud Americas Corporation hold?

Direct holdings include the Escanaba Mill, Quinnesec Mill, Wisconsin Rapids Converting Facility, and five hydroelectric facilities. The Wisconsin Rapids Mill Site was divested in 2024.

How is Billerud Americas Corporation related to Billerud AB?

Billerud AB is the ultimate parent company based in Sweden. Billerud Americas Corporation operates as its North American subsidiary following the 2022 acquisition of Verso Corporation.

Does Billerud Americas Corporation maintain philanthropic structures?

The Escanaba Mill Community Giving Program supports education, sustainability, and health services in Michigan's Upper Peninsula with annual giving around $75,000.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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