No way Appleton Coated will close, says CEO as private equity kicks tires

摘要

No way will Arjowiggins and its parent company Sequana close their US subsidiary as part of a new focus on their European business, Appleton Coated CEO Doug Osterberg told PPI Pulp & Paper Week on Apr. 17. The European companies are instead firmly committed to the sale of their US asset - Appleton Coated's 400,000 tons/yr Combined Locks mill in Wisconsin - and have already received expressions of interest from potential buyers, he said.