News briefs: Neenah Paper sells Vermont mill to partnership

OAKLAND, CA, Jan. 11, 2019 (PPI Pulp & Paper Week) -Neenah Paper's Brattleboro, VT, mill was rescued from closure with a private-public partnership acquisition by newly-formedLong Falls Paperboard(LFP) and the local Brattleboro Development Credit Corp (BDCC). The "complex financial transaction" was completed Dec. 31, 2018. RISI shows the mill with capacity of 43,000 tons/yr of specialty kraft paper on one 85.83-in machine. It employs about 100. LFP and the BDCC created a partnership in which BDCC purchased the mill building and property from Neenah for $1 million, with a short-term plan for LFP to purchase the property within a year. ...

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