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Clearwater Paper invests $160 Million to construct continuous pulp digester at Lewiston Mill, Idaho

Clearwater Paper invests $160 Million to construct continuous pulp digester at Lewiston Mill, Idaho

Specifications:

Name:

Clearwater Paper invests $160 Million to construct continuous pulp digester at Lewiston Mill, Idaho

Location:

Lewiston, Idaho

Company:

Clearwater Paper

Estimated Cost:

$160 Million

Source:

www.ir.clearwaterpaper.com

Introduction:

Clearwater Paper Corporation announced plans to begin construction of its continuous pulp digester project at Lewiston, Idaho, mill with an investment of $160 Million.

Features:

Construction of the project is slated to begin in October 2015 and expected to be completed in September 2017. Benefits from the project include significant reduction in air emissions, improved pulp quality and production and more efficient utilization of wood chips (i.e. more pulp from the wood fiber Clearwater Paper uses).

Three key goals enabled construction to begin. First, was the authorization by the Nez Perce County commissioners of a partial tax exemption that paved the way for successful authorization and siting of the project in Lewiston. Second, was moving forward with a thorough engineering plan that validated the project's operational goals and the return on investment. Lastly, was obtaining a permit from the Idaho Department of Environmental Quality.

During construction and start-up, the project will require hundreds of contract workers from around the globe, lodging and dining in the region for more than two years. Due to increased wood purchasing, the project is also expected to require additional need for loggers and other related contractors.