The Case Grande Industrial Development Authority approved $95 million in tax free bonds that will allow a deinking plant to be built in Arizona.
Aztec Pulp & Paper Products LLC plans to set up a plant in the vacant Donnelley building, formerly a printing plant, to make pulp and then tissue paper from recycled material. Partner Dean Formanek said the company has contracts signed for 100 percent of the plant's output for three years and for 80 percent of the raw materials, allowing room for future negotiations.
He said that the plant could make 100 tons of pulp per day and may eventually triple its output. Sixty-five to 75 people will work at the plant when it becomes operational. An agreement for the right to buy the building will be extended from July 2 to July 31, Formanek said in answer to a question by IDA attorney Marty Ryan of Tucson. Casa Grande DispatchLatest from Recycling Today
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