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New-Indy Containerboard to invest $240 million to convert production at Catawba Mill to containerboard grades

New-Indy Containerboard to invest $240 million to convert production at Catawba Mill to containerboard grades

New-Indy Containerboard, a manufacturer and supplier of recycled containerboard for the corrugated box industry, plans to establish operations in York County at a recently-acquired pulp and paper mill facility. The company is investing $240 million in the project. “When a company like New-Indy Containerboard decides to invest nearly a quarter billion dollars into our state, it further builds our reputation as one of the best places in the world to do business,” said Gov. Henry McMaster.

“New-Indy Containerboard is excited about our acquisition of the pulp and paper mill located in Catawba, South Carolina,” said Rick Hartman, New-Indy Containerboard COO. “Our intent is to convert the existing facility from the production of communication paper products to containerboard grades. We want to thank the York County Council and the South Carolina Department of Commerce for the valuable assistance they provided during the purchase process. Their support is critical to the facility’s continued growth and success, and we look forward to a close and long- lasting relationship with both of these entities.”

Founded in 2012, New-Indy Containerboard uses 100% recycled fiber in its current manufacturing process. This acquisition will provide the ability to balance company product lines equally between virgin kraft and recycled containerboard. The mill, located at 5300 Cureton Ferry Road in Catawba, SC, currently produces lightweight communication papers. New-Indy Containerboard is investing in process equipment to convert the mill to ultra-lightweight, virgin kraft linerboard, improving the competitiveness of the facility. The York County mill will continue utilize wood from local suppliers in its operations.

“South Carolina has a robust recycling industry that continues to grow every day. We congratulate New-Indy Containerboard on keeping this trend going, and we look forward to watching the company succeed in York County for many years to come,” said Secretary of Commerce Bobby Hitt.

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