Cascades Inc. announced that it has completed the sale of the building and land of its Maspeth plant, located in the state of New York, for US$72 million.
As the world leader in label papers, UPM continues to grow in the attractive release liner segments to support its customers mainly in Europe and the Americas.
Shandong Sun Paper's mill near Arkadelphia is already one of the largest economic development projects in Arkansas' history. The company announced Tuesday that its increased investment will put the total investment at $1.8 billion, and it will create 350 jobs.
