Georgia-Pacific to invest $250 million in Crossett, add 40 jobs
by October 20, 2010 11:08 am 143 views
Georgia-Pacific announced Wednesday (Oct. 20) that its mill in Crossett, Ark., has been selected as one of the locations for the company’s previously announced more than $500 million investments in advanced, proprietary tissue-papermaking technology.
The Crossett mill will receive investments of more than $250 million to upgrade one of its existing paper machines with the advanced technology and to install associated converting equipment, according to a statement from the Arkansas Economic Development Commission.
The investment wills support about 40 new jobs — according to this report from Talk Business — and preserve about 1,300 employees now working at the plant.
AEDC officials also said the project also will create “significant” construction-related jobs during the work.
“Together, the investment at Crossett, Ark., along with a similar investment at a second Georgia-Pacific mill, will enable the company to produce an innovative, next generation of premium branded and top-tier customer branded bath tissue to meet the growing demands of consumers and customers,” noted the AEDC statement.
Gov. Mike Beebe added, “This tremendous investment in Crossett reflects Georgia-Pacific’s faith in the Arkansas workforce and the business support in our state. Along with securing long-term viability for this facility and the quality jobs it provides, this project will create as many as 400 construction jobs during the expansion.”
Atlanta-based Georgia-Pacific is a global manufacturer and marketer of building products, tissue, packaging, paper, cellulose and related chemicals. The company employs more than 40,000 people at approximately 300 locations in North America, South America and Europe.