ConverPro., a Quebec-based paper company, announced it will be opening a facility in Stanly County, NC. The company said it will spend around $9 million over the next three years on the plant. The decision to attract the company was made possible partly due to an $80,000 grant from the One North Carolina Fund.
ConverPro will recycle paper into tissue and paper towel products at a 60,000-square-foot building in Oakboro, NC.
The One North Carolina Fund assists the state in industry recruitment and expansion by providing financial assistance through local governments to attract business projects that will stimulate economic activity and create new jobs in the state. One North Carolina Fund grants require and are contingent on a local match. Through the use of this Fund, more than 18,000 jobs and $2.5 billion in investment have been created since 2001.
Latest from Recycling Today
- Equipment from the former Alton Steel to be auctioned
- Novelis resumes operations in Greensboro, Georgia
- Interchange 360 to operate alternative collection program under Washington’s RRA
- Waste Pro files brief supporting pause of FMCSA CDL eligibility rule
- Kuraray America receives APR design recognition for EVOH barrier resin
- Tire Industry Project publishes end-of-life tire management guide
- Des Moines project utilizes recycled wind turbine blades
- Charter Next Generation joins US Flexible Film Initiative
