Clearwater Paper Plans To Invest $23M In New Facial Tissue Converting Line At Its Shelby, North Carolina Consumer Products Facility
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Clearwater Paper plans to invest $23 million in a new facial tissue converting line at its Shelby, North Carolina facility, which manufactures private branded bathroom tissue, paper towels, napkins, and facial tissue. The facility employs over 600 people.
June 20, 2024 | 9:09 pm
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Clearwater Paper is investing $23 million in a new facial tissue converting line at its Shelby, NC facility, which could enhance production capabilities and potentially increase revenues.
The $23 million investment in a new facial tissue converting line is likely to enhance Clearwater Paper's production capabilities, potentially leading to increased revenues. This positive development is expected to have a favorable short-term impact on the stock price.
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