Georgia-Pacific invests $70 million to upgrade its Palatka paper mill in Florida

Specifications:

Name:

Georgia-Pacific invests $70 million to upgrade its Palatka paper mill in Florida

Location:

Florida

Company:

Georgia-Pacific

Estimated Cost:

$70 Million

Source:

www.gp.com

Introduction:

Georgia-Pacific plans to invest $70 million to upgrade evaporation system at its Palatka pulp mill in Florida.

Features:

This investment is used to upgrade the mill’s evaporators, a key component in generating energy to operate the mill. This new evaporation system will reduce energy costs by an estimated $1 million per month and water usage by more than 30 percent.

This new investment is in addition to an approximately $19 million investment announced last year for the installation of product quality improvement equipment in the mill’s kraft paper area. Installation of that project is currently underway. The mill also has approximately $10 million slated for safety and environmental improvement projects.