Hot on the heels of talks about closing the Sappi Adamas Mill in Port Elizabeth (See: Possible Closure of Adamas Mill in Port Elizabeth), Sappi Fine Paper North America has been named International Investor of the Year for 2011 by the Maine International Trade Center. The award honors foreign owned companies that have made a strategic decision to invest in Maine, either by opening a plant or enhancing their existing operations. Sappi, an international corporation based in South Africa, has … [Read more...] about Local Company Named Investor of the Year
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Possible Closure of Adamas Mill in Port Elizabeth
Sappi Southern Africa yesterday (23 May) announced that it had initiated a consultation process with staff and relevant Union representatives to cease operations at Adamas Mill in Port Elizabeth in response to difficult market conditions and sustained input costs increases. 3 August 2011 Update: Port Elizabeth’s Adamas Mill Will Close This supports Sappi Southern Africa's strategy to improve the competitiveness of its fine paper business by aligning its production capacity to market … [Read more...] about Possible Closure of Adamas Mill in Port Elizabeth
