Kapstone expects to complete the upgrades at its North Charleston paper mill in the next 18 months and install a new press during the first quarter of 2014. The paper producer’s board of directors approved the investment Monday.
Published Sept. 13, 2012
Kapstone is investing $29 million in its North Charleston paper mill to upgrade one of its paper-making machines.
The paper producer’s board of directors approved the investment Monday, and the upgrade will improve one of the company’s machines that makes lightweight linerboard.
Engineering and construction is expected to last 18 months, and the company hopes to install the new press during the first quarter of 2014.
Kapstone purchased the Charleston Kraft business from Meadwestvaco in 2008, tripling the size of Kapstone and giving it a lumber mill in Summerville and the North Charleston paper mill.