EVERGREEN IN WESTERN NORTH CAROLINA HAS ANNOUNCED THE SALE OF ANOTHER PLANT. THIS IS VIDEO OF THE CANTON LOCATION THAT SHUT DOWN LAST SUMMER. NOW THE COMPANY HAS ANNOUNCED ITS WAYNESVILLE LOCATION IS BEING SOLD. IT’S BEING SOLD TO GLOBAL PAPER AND PULP PRODUCER FOR $110 MILLION IN CASH. THAT COMPANY WILL OFFER EMPLOYMENT TO THOSE EMPLOYEES. PACTIV EVERGREEN IS ALSO SELLING
Pactiv Evergreen to sell North Carolina plant in $110 million deal, company says
Updated: 11:24 PM EDT Jul 15, 2024
Pactiv Evergreen has announced a $110 million deal to sell its facility in Waynesville, Haywood County, along with a paper plant in Arkansas, according to the company’s website.Global paper and pulp manufacturer Suzano S.A. has agreed to buy the facilities.The plant in Arkansas makes liquid packaging board and cupstock used to make fresh beverage cartons, paper cups and other fiber-based food and beverage containers, according to Pactiv Evergreen.The facility in Waynesville provides “incremental extrusion capacity” for the items produced in the Arkansas paper plant, the company said.”Suzano would use Pine Bluff and Waynesville to supply liquid packaging board to Pactiv Evergreen’s converting business,” according to a news release from Pactiv Evergreen.Suzano has agreed to offer employment to current employees at both facilities.
Pactiv Evergreen has announced a $110 million deal to sell its facility in Waynesville, Haywood County, along with a paper plant in Arkansas, according to the company’s website.
Global paper and pulp manufacturer Suzano S.A. has agreed to buy the facilities.
The plant in Arkansas makes liquid packaging board and cupstock used to make fresh beverage cartons, paper cups and other fiber-based food and beverage containers, according to Pactiv Evergreen.
The facility in Waynesville provides “incremental extrusion capacity” for the items produced in the Arkansas paper plant, the company said.
“Suzano would use Pine Bluff and Waynesville to supply liquid packaging board to Pactiv Evergreen’s converting business,” according to a news release from Pactiv Evergreen.
Suzano has agreed to offer employment to current employees at both facilities.
