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BRIEF-Clearwater Paper says plans to build new tissue machine, related converting equipment for producing private label tissue products
February 8, 2017 / 9:36 PM / 10 months ago

BRIEF-Clearwater Paper says plans to build new tissue machine, related converting equipment for producing private label tissue products

Feb 8 (Reuters) - Clearwater Paper Corp

* Clearwater Paper says plans to build new tissue machine, related converting equipment for producing private label tissue products

* Clearwater Paper Corp says plans to build new tissue machine at a site adjacent to company’s existing facility in Shelby, North Carolina

* Clearwater Paper Corp says estimated cost for project includes approximately $283 million for tissue machine

* Clearwater Paper Corp says projects that construction of new facility will be completed in early 2019 and fully operational in 2020

* Clearwater Paper Corp says company expects to fund project with cash flow from operations and its revolving line of credit Source text for Eikon: Further company coverage:

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