UPM has been listed in the Dow Jones European and World Sustainability Indices (DJSI) for 2021-2022 as the only company in its industry. The DJSI indices cover environmental, social and governance aspects of responsibility.
Celadon Development Corp. said it has already opened a processing facility in coastal Georgia and plans to build a facility that will produce 450,000 tons of pulp per year. A second phase doubling production to 900,000 tons per year could come later, depending on demand, according to CEO Tim Zosel.
Manufacturer K.T.G. is looking to expand its Memphis operations, investing more than $21 million in a facility expansion, new equipment and the creation of 36 jobs. The average annual wage for the new jobs will be about $54,000.
