SCA has acquired Encore Paper Company Inc. of South Glens Falls, N.Y., for $92 MM on a debt-free basis. Encore will be integrated into SCA Tissue North America LLC.
Encore Paper was incorporated in 1991. The company produces more than 85,000 tons of paper annually on 3 paper machines and converts 6 million cases of finished goods per year on 20 converting machines in South Glens Falls, N.Y. Products produced include roll and folded towels; dinner, luncheon, and dispenser napkins; and bathroom tissue.
SCA Tissue North America was formed in March of this year. SCA Tissue and Encore Paper combined have annual sales of approximately $850 MM and 2,650 employees in 15 locations in the U.S. and Canada. The combined companies have 445,000 tons of paper production capacity and 580,000 tons of converting capacity.
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