A capital investment of $38.3 million at a mill in Dublin is poised to make it one of the leaders in the lightweight packaging field.
SP Fiber Technologies President and CEO Jay Gurandiano announced the investment Thursday and said the day marked an important milestone in the mill's transformation.
The company is a producer of newsprint and paperboard products. It operates two mills and produces more than one million tons of materials. Company officials say at least half of its products are derived from recycled paper.
The Dublin Courier Herald reports SP Fiber Technologies employs about 300 people.