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One of Augusta’s oldest and largest manufacturers is getting more than a quarter-billion dollars in upgrades.
Atlanta-based Graphic Packaging Holding Co. on Thursday said it is investing $350 million in the Augusta paper mill it acquired earlier this year from International Paper.
The capital infusion into the south Augusta plant will extend the life of the 60-year-old facility and enable it to maintain its 750-employee workforce.
Graphic Packaging officials said during an exclusive interview with The Augusta Chronicle that the six-year, multi-phase modernization will improve the quality of the bleached paperboard the mill manufactures for various food-service and consumer-product companies.
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