Wednesday, December 21, 2011

Gorham Paper & Tissue Story of Persistence


The closed Gorham, NH paper was sold by Fraser Papers to an investment firm, Patriarch Partners, which, observing the high cost of production fueled by heating (No. 6) oil, installed a natural gas line.  The Gorham Paper & Tissue mill was restarted 6 months ago, with the paper machines now powered by steam from the line.  The company has now announced a commitment to purchase a tissue machine for $35 million that will be added to the facility.