Nip Impressions logo
Thu, Nov 21, 2024 04:48
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side
Manufacturer K.T.G. plans $21M Memphis, Tenn. facility expansion, will create 36 jobs

TENNESSEE (From news reports) -- Manufacturer K.T.G. is looking to expand its Memphis operations, investing more than $21 million in a facility expansion, new equipment and the creation of 36 jobs. The average annual wage for the new jobs will be about $54,000.

K.T.G., which manufactures facial tissues, bath tissue and other related products, is seeking a six-year payment-in-lieu-of-taxes incentive from the Economic Development Growth Engine for Memphis and Shelby County.

The expanded facility and new machinery would be used to manufacture facial tissue, the company said in the jobs PILOT application. The company currently employs 500 at its Memphis facility.

The bulk of the planned expenditures will be for new machinery.

The company took over the old Kimberly-Clark plant at 400 Mahannah Ave. in 2002 and has since added a new paper machine and production lines, the company said. The company said it is ready to move forward with the expansion if the incentive is approved.


K.T.G. is a subsidiary of Canadian tissue manufacturer Kruger Inc. The company has nine manufacturing facilities in North America, including the Memphis plant.

The EDGE board will consider the PILOT request during a meeting on Nov. 17.

You get lots of valueless email, sign up for newsletters that can promote your career.


Printer-friendly format

 





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: