BOSTON – Today Sappi Fine Paper North America announced that Melching, Inc. has purchased the Muskegon Mill site, a former pulp mill, paper mill, and converting facility in Muskegon, Michigan. Sappi permanently ceased operations at the site in August 2009 due to industry and economic conditions. Melching is currently reviewing plans to redevelop the site for a variety of industrial uses.
"Sappi Fine Paper North America selected Melching, Inc. as the buyer based on its expertise and successful track record in addressing industrial sites, strong long term relationships in the local area and robust redevelopment plans," said Anne Ayer, Vice President, Corporate Development and Chief Information Officer
Melching, Inc. is a demolition, dismantling, and industrial remediation services company located in Nunica, Michigan. Sanabe & Associates, LLC, acted as financial advisor to Sappi for the transaction.
About Sappi Fine Paper North America
Sappi Fine Paper North America is a preeminent North American producer of coated fine paper used in premium magazines, catalogues, books and high-end print advertising. Headquartered in Boston, Massachusetts, Sappi Fine Paper North America is known for innovation and quality. Its brand names, including McCoy, Opus, Somerset and Flo, are some of the industry's most widely recognized and specified. Sappi's mills in North America are triple chain of custody certified to the Forest Stewardship Council (FSC), Sustainable Forestry Initiative® (SFI), and Programme for the Endorsement of Forest Certification (PEFC). Over 85% of the energy used by Sappi's North American mills comes from renewable resources, resulting in one of the lowest carbon footprints of any major North American coated paper supplier. Sappi Fine Paper North America is a division of Sappi Limited (NYSE and JSE), a global company headquartered in Johannesburg, South Africa, with manufacturing operations on four continents in 9 countries, sales offices in over 26 countries, and customers in over 100 countries around the world. For more information about Sappi Fine Paper North America, visit: www.sappi.com/na.
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