For the first time in many years, a domestic paper mill is expanding AND including a new paper machine in their plans
Lincoln Tissue, a specialty, value added lightweight tissue mill has committed $36million dollars toward a new paper machine, which will be supplied by Metso. This machine will produce 100 tons per day. The current mill contains 2 paper machines with an output of 50 tons per day. The owners purchased the mill from Eastern Fine Paper (out of bankruptcy) in May of 2004 for $23.7million. The new machine is forecasted to be operating by August 2006.
Tuesday, August 30, 2005
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