Twin Rivers Paper Company LLC has completed the acquisition of the paper mill located in Pine Bluff, Arkansas, as the company said in the press release received by Lesprom Network.
The mill acquired under this agreement produces Multiwall, Converting and Bag grade unbleached kraft papers serving a variety of food, agricultural, and industrial applications. With basis weights between 40# and 78#, the mill has a capacity in excess of 140,000 US short tons.
“Over the past few months we’ve learned a great deal about the mill and our new partners,” said Bob Snyder, CEO of Twin Rivers. “Twin Rivers has a proven process and track record of success. Our priority moving forward will be to provide the focus, experience, and resources required to achieve an unprecedented level of operational excellence and stability at the Pine Bluff mill.”
Twin Rivers, headquartered in Madawaska, Maine, produces specialty packaging, label, publishing, and technical specialty papers as well as dimensional lumber. It is owned jointly by Atlas Holdings LLC and Blue Wolf Capital.
