Worldwide Paper is planning a $103 million growth of its Cedar River Mill in Cedar Rapids, Iowa, after a Jan. 10 Cedar Rapids Metropolis Council vote unanimously authorised a decision to authorize sponsorship of a enterprise monetary utility to the Iowa Financial Growth Authority.
The Memphis, Tennessee-based packaging, pulp and paper producer confirmed the growth to Recycling At this time and says the mission focuses on the mill’s steam provide.
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“A number of years in the past, our present course of steam supplier notified us that the coal boilers creating our steam on the Cedar Rapids facility would stop to function on Dec. 31, 2025,” says Amy Simpson, company communications and advertising for Worldwide Paper (IP). “Figuring out this final result, the IP mill group, working facet by facet with groups of firm specialists, has studied a number of choices for an alternate steam provide for our mill.”
Presently, the Prairie Creek Producing Station operates the ability’s steam energy, however Simpson says one of many choices being explored is to supply the steam on-site by means of the development of two packaging boilers.
Based on a Jan. 10 Cedar Rapids Council agenda, the proposed mission gives for the development of a brand new 20,000-square-foot constructing on the Cedar River Mill campus to accommodate the set up of latest pure fuel boilers and a water therapy plant. It features a $103 million capital funding, with $20 million allotted for a constructing growth and $83 million for equipment and gear.
“We proceed to work intently with town and state on the mission and recognize their collaboration,” Simpson says.
The Cedar River Mill produces 100-percent-recycled containerboard and is taken into account one of many latest paper mills in america, beginning operations in 1995.
The growth mission will add seven new jobs that meet the “high-quality wage” threshold, including to the prevailing 240 jobs on the facility.