SMART Papers announced it has secured $45 million in new financing from Wells Fargo Foothill, part of Wells Fargo
& Company.
"This new financing provides SMART Papers with an even-stronger financial platform to expand sales, manufacturing and distribution of our products," said SMART Papers President and COO Dan Maheu. "We're pleased to have Wells Fargo Foothill as a financial partner along with our owners, Plainfield Asset Management of Greenwich, Connecticut."
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