Italian business to buy U.S. paper mill
Foreign acquisition underway ST Paper Duluth, a paper mill based in Duluth, in the U.S. state of Minnesota, is to be sold to Italian paper products manufacturer Sofidel Group.
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Foreign acquisition underway ST Paper Duluth, a paper mill based in Duluth, in the U.S. state of Minnesota, is to be sold to Italian paper products manufacturer Sofidel Group.
ST Paper has penned an asset purchase agreement to sell its local plant to the seventh-largest tissue papermaker in the world.
ST Paper claims a $106,000 check to a supplier was fraudulently diverted to a mysterious business and seeks repayment.
We have some fresh evidence of the continued strength of the U.S. farm economy. The average value of U.S. cropland jumped more than 8% this year.
The final major component to allow installation of a newly constructed paper machine at ST Paper’s mill arrived at Duluth port on Monday via the Federal Kumano.