October 4, 2012
Pulp and paper manufacturers have outlined plans to invest just more than $2 billion in 125 paper machine projects at paper mills across the U.S., Canada and Mexico, according to research done by Industrial Info Resources. Mill owners are planning to perform major upgrades, rebuilds and new installations, mainly for reliability and runnability, as well as quality improvements. The investment values of the projects range from $500,000 to $430 million. There are a dozen projects that are under construction with a combined value of $1.04 billion. The remaining projects have construction kick-off dates from October of this year to June 2014.