GORHAM, N.H., June 14, 2012 /PRNewswire/ -- White Mountain Tissue today announced that it has appointed Central National-Gottesman Inc. (CNG) as its exclusive sales and marketing representative.
In September 2012, White Mountain Tissue (a joint venture between Gorham Paper and Tissue, and Old Town Fuel & Fiber) will begin the operation of a $35 million, state-of-the-art tissue machine at its facility in Gorham, New Hampshire. In conjunction with this project, CNG will act as the exclusive sales and marketing representative for all tissue produced on the new machine. Through CNG, White Mountain Tissue intends to establish long-term supply relationships with North American tissue converters.
This new machine, delivered by ABK Machinery, will produce 36,000 tons per year of premium virgin parent rolls of bath tissue, towel, and napkin, serving the needs of independent and integrated tissue converters. In early 2013, the installation of a re-winder will allow the mill to also supply multi-ply grades.
Most of the pulp for White Mountain Tissue will be supplied by its sister company in Maine, Old Town Fuel & Fiber. Old Town is FSC-certified and produces 200,000 tons per year of premium quality, northern bleached hardwood kraft pulp. The Old Town facility is an industry leader focused on high quality fiber, renewable energy and advanced biotechnology.
"We are very excited as we approach our September start-up," said Dick Arnold, President/CEO. "The 75 ton Yankee dryer was lowered into place on May 17th and our project team is working tirelessly to ensure a smooth start to operations. We are also very pleased to expand our partnership with CNG as our sales and marketing representatives. CNG is the exclusive sales representative for our Old Town pulp facility and I am certain that together we will quickly establish White Mountain as the preferred supplier of tissue parent rolls."
Central National-Gottesman Inc. was founded in 1886 and is headquartered in Purchase, New York. The company is a leading international marketer of pulp and paper, with sales offices in 26 U.S. cities and 22 countries worldwide. CNG operates several divisions, including Central National, a global provider of pulp, paper, and packaging, and Lindenmeyr, the largest independent paper merchant in the United States. CNG is committed to environmental sustainability and holds certifications from FSC, SFI, and PEFC. The company's sales of pulp and paper exceed $4 billion annually. To learn more, please visit www.cng-inc.com.
In May of 2011, Gorham Paper and Tissue, LLC (GPT) located in Gorham, NH acquired the former Fraser Papers paper mill via investment funds managed by Patriarch Partners, LLC (Patriarch). Patriarch is a private equity firm and holding company managing 75 companies across 14 industry sectors with revenues in excess of $8 billion. Founded by Lynn Tilton in 2000, Patriarch focuses on the acquisition and invigoration of undervalued iconic American brands where time, capital and sound strategy can rescue a business and restore its value, creating and preserving jobs in America. Gorham's value and the diversity of its manufacturing model are synergistic with Patriarch's pulp mill in Old Town, ME. Both Gorham and Old Town are WBENC certified companies.
SOURCE Central National-Gottesman Inc.