New-Indy Containerboard to buy Resolute's Catawba, South Carolina paper and pulp mill

Resolute Forest Products agreed to sell its Catawba, South Carolina paper and pulp mill to New-Indy Containerboard for about $300 million, including $260 million in cash and about $40 million of assumed liabilities. Closing is expected around year-end 2018.

“Resolute ... entered into a definitive asset purchase agreement with New-Indy Containerboard, LLC for the sale of its Catawba, South Carolina, paper and pulp mill.”newswire.ca

• 1 source
• newswire.caResolute to Sell Catawba, SC, Paper and Pulp MillOct 2, 2018

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