NPS Corporation Announces the Purchase of Omni Supply’s Patterson Tissue Mill Assets
October 30, 2009
Blue Ridge Tissue Corporation, a subsidiary of NPS Corporation, has purchased the Patterson Tissue Mill assets from Omni Supply Inc. The Patterson mill is located in Patterson, North Carolina.
“The acquisition of the Patterson Mill assets represents a key strategic move to ensure a bright future for our Specialty Tissue Business as NPS will no longer need to purchase any of these tissue tons through parent roll suppliers, thereby ensuring an adequate supply and lower costs as we move forward,” said Andrew Hetzel, Jr., President and CEO of NPS Corporation. “We are delighted to be able to maintain all of the existing jobs at the Patterson mill and with the relocation of applicable NPS converting equipment supported by the mill, we anticipate adding another 15 employees to the mill by January 2010.”
“We will begin the transition of our Specialty Tissue Business to the Patterson Mill, effective immediately,” said David Hallock, General Manager of Blue Ridge Tissue Corporation. “We would like to thank the Economic Development Commission of Caldwell County and the North Carolina Department of Commerce for helping out with tax credits and other support to make this venture viable for us in these uncertain economic times. NPS takes a lot of pride in being a good corporate citizen in all of its existing locations and we look forward to a long relationship with the folks in Caldwell County.”
“The successful negotiations between NPS and the Caldwell County EDC demonstrates the diligence with which our EDC staff will work professionally and cooperatively with potential businesses to encourage their consideration of Caldwell County,” says Ben Griffin, Chairman of the Caldwell County Commissioners. “We look forward to working further with NPS to ensure their experience in Caldwell County is a positive and productive one.”
About NPS Corporation:
NPS Corporation was founded in 1996 after acquiring the assets of Kimberly-Clark Corporation’s Protective Packaging Business. Such products are now marketed under NPS’ VERSA-PAK brand name. The Patterson Mill will manufacture all of the tissue required for this business. NPS also markets a line of Spill Control Products under its SPILFYTER brand name and a line of Tissue and Towel products under its RESPONSE brand name. NPS Corporation is headquartered in Green Bay, WI. Its products are sold through distributors around the world. For more information on NPS, call 920-983-9223 or visit our web site at www.npscorp.com.
Source of article: www.npscorp.com