Georgia Pacific receives approval to invest $70 million in its Putnam County operations

Georgia-Pacific’s Palatka Pulp and Paper Operations today announced that it has received approval to invest approximately $70 million to modernize equipment in the mill’s power generation area. The new equipment will make the mill more energy efficient and reduce water use by more than 30 percent.

The mill currently employs more than 900 people from Palatka, Putnam County and the surrounding area. This project will create more than 150 jobs for contractors and vendors during construction and installation.

The newly announced project is in addition to an approximately $19 million investment announced last year for installation of product quality improvement equipment in the mill’s kraft paper area. Installation of that project is currently underway at the mill.

1/21/15