Kevin O’Connor / Staff Photo
The Putney Paper Co., recently acquired by the Soundview Paper Co. of Elmwood Park, N.J., has manufactured napkins, towels and wrapping tissue from 100 percent recycled paper for more than 50 years.
PUTNEY — A Vermont paper company has been sold to a New Jersey business.
Soundview Paper Co. of Elmwood Park, N.J., recently announced the purchase of the 130-employee Putney Paper from APC Paper Holdings.
John McLean, senior vice president of sales and marketing for Soundview, said the acquisition gives Soundview a broader range of commercial towel manufacturing capability into its finished paper products — tissues, towels and napkins.
“We are very enthusiastic about this important addition to Soundview’s ‘Away-from-Home’ business and the synergies created by putting these enterprises together,” McLean said in a release announcing the purchase.
“Putney is recognized for its high quality commercial towel products and has a heritage of making tissue from 100 percent recycled paper, fitting perfectly into the family of Soundview and Marcal brands,” he added. “With the addition of Putney, we now offer our customers an even broader product array of towel and tissue products in the ‘Away-from-Home’ segment.
Details of the acquisition, including the purchase price, were not released.
Soundview Paper Company ,LLC, is part of Atlas Holdings which owns and operates more than 70 facilities with nearly 9,000 employees worldwide.
Its businesses are engaged in a broad spectrum of industries, including pulp and paper manufacturing, food and agriculture, wood products and building materials, packaging, capital equipment, and industrial and business services.MORE IN Central VermontThe Vermont Agency of Transportation is starting its second phase of On-Road Bicycle Planning. Full Story
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