G-P to Invest More than $400 Million, Start New PM in 2019
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Georgia-Pacific has announced significant investments, which total more than $400 million, for its GP Consumer (retail) tissue and towel business. The investments support further growth for key customers’ private label brand products.
The company has approved funding for a paper machine using through-air-dried (TAD) technology, associated converting equipment and infrastructure work. A final decision on the location of the new operations, which will be in the eastern United States, is expected to be announced soon with startup projected for 2019. Approximately 80 jobs would be created to support operations.
"This investment demonstrates our commitment to GP Consumer’s current and potential customers who plan to grow their premium private label towel brands, as well as to expand Georgia Pacific’s own Brawny® premium paper towel brand," said Fernando González, president – GP Consumer business.
Kathy Walters, group president – GP Consumer Products Group, added, "This investment will help GP Consumer further leverage the many advantages we have – including our breadth of offerings and many others – to create products consumers value while meeting the changing needs of our customers."
Based in Atlanta, Georgia-Pacific and its subsidiaries are among the world’s leading manufacturers and marketers of bath tissue, paper towels and napkins, tableware, paper-based packaging, office papers, cellulose, specialty fibers, nonwoven fabrics, building products and related chemicals. Its familiar consumer brands include Quilted Northern®, Angel Soft®, Brawny®, enMotion®, Sparkle®, Mardi Gras® and Vanity Fair®, as well as Dixie®. Georgia-Pacific has long been a leading supplier of building products to lumber and building materials dealers and large do-it-yourself warehouse retailers. Its GP Harmon Recycling subsidiary is among the world’s largest recyclers of paper, metal and plastics. The company operates approximately 200 facilities and employs approximately 35,000 people directly, and creates nearly 92,000 jobs indirectly. For more information, visit: www.gp.com
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