Georgia-Pacific announced more than USD 400 million investments for its GP Consumer (retail) tissue and towel business. The investments are expected to support further growth for key customers’ private label brand products.
According to the announcement, the company 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.
Fernando González, president – GP Consumer business, commented:
“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.”
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.”
Earlier Georgia-Pacific expanded lumber operations of its mill in the US.
The company has 13 plywood facilities across the United States, two of which are located in Madison and Warm Springs, Georgia. The company employs approximately 6,200 people directly in the state of Georgia, with approximately 450 people located at the Madison operations.