Pennsylvania to Revive Idled Tyrone Mill

July 1, 2003 - Pennsylvania Governor Edward G. Rendell said that his state has released $3 million in capital funding for a project to develop the American Eagle Paper Mill at the former Westvaco paper mill operation in Tyrone, Blair County.

In addition to the capital budget funding, the project also has received state assistance of $1.75 million from the Pennsylvania Industrial Development Authority; $700,000 from the Opportunity Grant Program; $250,000 from the Enterprise Zone Competitive program; $200,000 from the Small Business First program; $170,000 each from the Customized Job Training and the Job Creation Tax Credit programs; and $68,000 from the WedNet program.

The project involves the purchase of all of Westvaco's Tyrone Mill assets, including land, building and equipment, the Governor's office said.

Over the past year, local officials have been working with a group of local investors and former key managers from the Tyrone mill to purchase and reopen the facility as a manufacturer of uncoated fine papers. Team Ten LLC will conduct operations at the location to meet the demands for uncoated paper products, primarily in the middle Atlantic and Midwest regions. The products will serve the magazine and book publishing, commercial printers, envelope converters, and business forms markets.

The project is expected to create 170 jobs in the next year.

The Newark Group Closes Newark Boxboard Mill

July 16, 2003 - The Newark Group said that it has closed its Newark Boxboard Mill in Newark, New Jersey, effective July 15.

According to The Newark Group, the mill would have required major investments that could not be justified at the facility and in the mill's market segment.

All paperboard produced at Newark Boxboard will be made available to Newark's customers from alternate Newark Mills, the company said.

Newark Boxboard has operated since 1912 and was the first mill to be acquired by the present ownership of The Newark Group. The mill was a true pioneer in the recycled paperboard industry, and had the distinction of holding one of the original patents for using old newspapers in the manufacture of boxboard.

The mill manufactures a limited range of plain chip grades, used primarily in book or game blanks, processed by the company's BCI plant in Newark, which will continue to operate.

The graphic arts industry including the book, loose leaf, and game segments is now primarily served by the BCI Division using NewEx, a new graphic board product manufactured at the company's Newark America Mill in Fitchburg, Massachusetts. This new mill is fully operational and has met and exceeded all the quality standards that were anticipated, The Newark Group said.

SOURCE: The Newark Group

Curtis Fine Papers Mill in Adams, MA to Close

July 18, 2003 - The North Adams Transcript reported that Curtis Fine Papers mill in Adams, Mass. will close its doors on August 8.

According to the news story, a memo stated that the company did all it could to keep the struggling Howland Avenue paper mill open and its workers employed.

"We have pursued several options for possible purchase but we were unable to locate a willing, qualified buyer," the memo read.

The memo also stated Curtis Fine Papers was unsuccessful in securing more money from its current lender, or financing from new lenders.

The mill reportedly employees 102 workers.

A company spokeswoman told the North Adams Transcript that a press release will be issued today.

 

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