KapStone Investing $29 Million to Improve UPL Production at North Charleston Mill
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KapStone Paper and Packaging Corp., Northbrook, Ill., USA, has approved a $29 million investment in the company's North Charleston, S.C., paper mill. The investment is expected to improve the capability and efficiency of No. 3 paper machine in producing ultra high performance (UPL) lightweight linerboard grades by replacing the press section. The new press section will be supplied by PMT Italia. The investment also includes projects in the fiber and utilities areas to support production of these strategically important grades.
Engineering and construction phases of the project are expected to occur over the next 18 months, targeting installation of the press section during the first quarter of 2014.
KapStone Paper and Packaging is a producer of unbleached kraft paper and corrugated products. It is the parent company of KapStone Kraft Paper Corp. and KapStone Container Corp., which includes three paper mills and 14 converting plants across the eastern and mid-western U.S. The business employs approximately 2,700 people.
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