SCA Acquires N.Y. Tissue Company

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.

Encore is a significant consumer of recovered fiber from the eastern United States.