Mill CEO (Steve Klinger): ‘Business (Port Townsend) would be of interest to multiple parties’

Steve Klinger, CEO of Crown Packaging Group, which owns the Port Townsend Paper Corp., said that since its purchase of the business in 2015, Crown has made such progress in making improvements to the mill, at an estimated cost of $90 million, that “the business would be of interest to multiple parties.”

Through spokesperson Alan Ulman, Klinger did not confirm or deny that the mill is for sale, but did provide The Leader with a statement that mirrored quotes in RISI, a publication that follows the pulp and paper industry. RISI reported in November that Crown Paper Group was “said to be looking for potential sale” of its holdings on the West Coast through a broker.

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