Glatfelter to proceed with acquisition of Georgia-Pacific's U.S. nonwovens business

Glatfelter Corporation announced it may proceed with the acquisition of Georgia-Pacific's U.S. nonwovens business for $175 million, including an airlaid manufacturing plant in Mount Holly, NC and an R&D center in Memphis, TN.

“This is a significant step toward finalizing the acquisition and ensuring a smooth transition in the weeks ahead.”nonwovens-industry.com

• 2 sources
• nonwovens-industry.comGlatfelter Can Proceed with Acquisition of G-P's U.S. Nonwovens Business - Nonwovens IndustrySaveMar 30, 2021
• news.gp.comUpdate: GP's Sale of Nonwovens Business to Glatfelter Finalized | Georgia-Pacific NewsMay 1, 2021

Summarized from public sources; check the original articles before acting on it.