Earlier this month, Conyers, Georgia based Pratt Industries announced that it has started production at its new $260 million recycled paper mill in Valparaiso, Indiana, which represents the single largest private sector investment in Valparaiso history. Pratt estimates the 100 percent recycled paper mill will increase the Australian company's gross annual revenue to nearly $2.5 billion, up from $2.1 billion. The company is currently the fifth-largest corrugated packaging company in the U.S.
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