Clearwater Paper has recently finalized its strategic acquisition of the Augusta, Georgia bleached paperboard manufacturing facility from Graphic Packaging International.
The acquisition, which was first announced on February 20, 2024, marks a significant step for Clearwater Paper in enhancing its capabilities in paperboard manufacturing.
"I am pleased that we have finalized the acquisition of Graphic Packaging’s Augusta, Georgia, paperboard manufacturing facility. The Augusta mill is a great fit with our strategy and improves our position as a premier, independent paperboard supplier to North American converters. I look forward to welcoming the Augusta team to Clearwater Paper as we work together to build a more scaled paperboard business to service our customers," said Arsen Kitch, President and Chief Executive Officer.
Clearwater Paper is a leading supplier of private label tissue products and paperboard. The company's tissue products are sold to major retail channels like grocery, mass, and club stores. Clearwater also manufactures bleached paperboard for packaging and printing applications. The company is committed to sustainability in its fiber sourcing and manufacturing operations. For more information about Clearwater Paper, please visit their website at https://www.clearwaterpaper.com/home/default.aspx.
