Company News

The 90-year-old Newton Falls Paper Mill in upstate New York was purchased in 1984 by the Swedish multinational company Stora AB, and renamed Papyrus Newton Falls, Inc., in 1989 to reflect membership in Papyrus, the fine papers division of Stora. In September its name was changed again to Stora Papyrus Newton Falls, Inc.-Stora Papyrus for short. The mill makes ten printing papers that meet the ANSI standard, and four of these ten are recycled.
The name Stora means big in Swedish, which is appropriate, since Stora is the third largest forest products company in the world. It is also the world's oldest corporation, with a 703-year history. Originally it was a copper mining operation.
Georgia-Pacific's Hopper division, in Reading, Pennsylvania, used to make a few alkaline cover papers before it was closed down in June 1990. Then a company called Sealed Air bought it December 31, 1990, and started it up again in mid-March 1991. At present it makes no printing and writing grades, but is focussing on 100% recycled bag and envelope paper. (Sealed Air owns at least two other paper mills.)