Augusta’s No. 3 manufacturer to be sold. Here’s the next owner and what lies ahead.

Augusta’s third-biggest manufacturer is being sold to a Washington-state company in a deal valued at $700 million. 

Graphic Packaging Holding Co. and Spokane-based Clearwater Paper Corp. recently announced the signing of a “definitive agreement” that will sell Graphic’s bleached-paperboard manufacturing facility off Mike Padgett Highway and south of Augusta Regional Airport.

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