Sappi Mill Gets Rebate, Invests $3.8M
Paper manufacturer expects to save $317,000 per year on taxes.
Sappi Fine Paper North America plans to invest $3.8 million on new equipment at its paper facility in Muskegon, Michigan, which produces magazine paper, a Sappi spokesperson has confirmed.
The investment is offset by a seven-year state tax abatement awarded to the facility, for which the company expects to save about $317,000 per year. The $3.8 million investment is not expected to increase the facility’s number of personnel, which is about 200, the printer says.
Earlier this year, Sappi’s Muskegon paper mill earned a chain-of-custody certification from industry environmental groups. Chain of custody is the process of tracking and recording the possession and transfer of wood and fiber from the forests through the different stages of production-primary manufacturing, secondary manufacturing, wholesaling, and retailing-to the end user.
Sappi’s mills in Skowhegan, Maine and Cloquet, Minnesota also received certifications.