Sofidel Acquires Minnesota Production Plant
Sofidel has announced it recently expanded its production capabilities with the acquisition of a paper mill from ST Paper & Tissue.
The factory, located in Duluth, MN, has a production capacity of 65,000 metric tons of paper per year. According to a press release, the purchase will allow Sofidel to better meet the increased demand for tissue products in the United States.
“This is an important acquisition, allowing us to immediately meet the growing demand, which saw a significant upturn in 2023. What we are acquiring is a technologically advanced plant that further improves our geographic coverage and creates the conditions to strengthen and sustain growth in what is our main market,” Sofidel CEO Luigi Lazzareschi said.
Sofidel is an international manufacturer and distributor of paper and food service products. Visit www.sofidel.com.