Belkorp Industries has retained National Bank Financial Inc. to act on its behalf to explore opportunities to maximize the value of its Garden State Paper Mill in New Jersey. National Bank Financial will investigate all strategic options available to Belkorp, including canvassing the market for equity investors and the sale of the entire mill.
The mill has the capacity to manufacture 250,000 tons of 100 percent recycled-fiber newsprint per year. The mill was purchased by Newstech NJ, a subsidiary of Belkorp, in September 2002.Latest from Recycling Today
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