Joint venture to invest $267M in recycling, production in Chesapeake, creating more than 200 new jobs

Gov. Ralph Northam announced Tuesday that Kamine Development Corporation and Nicollet Industries, LLC, green infrastructure and sustainable development leaders, will invest $267 million to establish a joint venture paperboard recycling and production facility, Celadon Development Corporation, at the Chesapeake Deepwater Terminal site in Chesapeake.