<b>American Tissue Inks Deal to Reopen Mill</b>

The city of Parchment, Mich. inked a deal with American Tissue Co. to reopen a paper mill that was closed last year by Crown Vantage. According to a report in the Kalamazoo Gazette, the City Commission voted to lease the mill to American Tissue for $1 per year, with plans for the paper company to eventually buy the facility.

Although the pact gives American Tissue a year to put the plant back into operation, company officials estimated it could happen within weeks.

For $1 a year, American Tissue will lease Mill1, Mill 2, the wastewater treatment plant and the power plant on the 90-acre site. The agreement does not include the old parchmentizing plant, which is the original 98-year-old plant, and the former administration building, both of which the city will retain for its own future development.