Wednesday, 31 August 2011 09:00

Sappi Fine Paper North America Sells Muskegon Mill Site

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Sappi Fine Paper North America announced that Melching, Inc. has purchased the Muskegon Mill site, a former pulp mill, paper mill, and converting facility in Muskegon, Michigan. Sappi permanently ceased operations at the site in August 2009 due to industry and economic conditions. Melching is currently reviewing plans to redevelop the site for a variety of industrial uses.

"Sappi Fine Paper North America selected Melching, Inc. as the buyer based on its expertise and successful track record in addressing industrial sites, strong long term relationships in the local area and robust redevelopment plans," said Anne Ayer, Vice President, Corporate Development and Chief Information Officer

Melching, Inc. is a demolition, dismantling, and industrial remediation services company located in Nunica, Michigan. Sanabe & Associates, LLC, acted as financial advisor to Sappi for the transaction.

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