Pactiv sells Waynesville plant, Pine Bluff facility for $110 million

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Wednesday, 17/07/2024

Pactiv Evergreen, owner of the now-shuttered paper mill in Canton, announced last week that it had agreed to sell its Pine Bluff, Arkansas paper mill and an extrusion facility off Howell Mill Road in Waynesville to a South American company for $110 million during the fourth quarter of 2024, if traditional closing conditions are met and foreign antitrust regulators approve. 

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Paying the price: Pactiv passed up millions in revenue to close Canton paper mill

Written by
Wednesday, 08/05/2024

Amid ongoing restructuring, Pactiv Evergreen presented its first quarter earnings report on May 2, missing earnings targets and revealing flagging revenue at least partially attributable to the closing of its Canton paper mill last year. 

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