Georgia-Pacific to Make $500 Million Investments in Two Mills
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Georgia-Pacific, Atlanta, Ga., USA, announced that its mills in Port Hudson, La., and Crossett, Ark., will be the sites for more than $500 million investments in advanced, proprietary tissue-papermaking technology.
With startup scheduled for 2012, each site will use the advanced technology to upgrade one of its existing paper machines and will install associated converting equipment.
The investments will allow Georgia-Pacific to produce an innovative, next generation of premium branded and top-tier customer branded bath tissue. This proprietary technology meets consumers' needs for softness and absorbency while reducing combinations of fiber use, energy use, or water use versus alternative papermaking processes, the company notes.
The projects are a portion of the $12 billion Georgia-Pacific and other Koch companies have invested in the businesses during the last five years.
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