Irving Tissue unveils new tissue PM project for Fort Edward mill

FORT EDWARD, NY, Aug. 28, 2008 (Press Release) - Irving Tissue today announced an additional $120 million investment in its tissue operations in Fort Edward, New York.

The investment will allow for the modernization of tissue making equipment and will be operational by 2010.

Last November, the company announced a $35 million investment in a new 90,000 square-foot building and new converting equipment. The installation and commissioning of this new equipment is on target for this October, 2008.

"This investment in world-class technology replaces aging equipment and secures the future of this plant," said Robert Irving, President. "We are focused on growing our markets in North America through quality products and outstanding service to our customers from our plants in Dieppe and Saint John, New Brunswick as well as Toronto, Ontario and Fort Edward. Today's investment strengthens the integrated forest value chain from the sustainably managed forests through to our pulp, paper and converting operations that support the production of high quality consumer tissue products."

Construction of the last phase is expected to begin this October.

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