Arkansas, Mississippi finalists for $1.36B paper mill

LITTLE ROCK, Ark. (AP) — A site in south Arkansas is one of two places a Chinese company is considering building a $1.36 billion paper mill. Arkansas Economic Development Commission executive director Mike Preston says Shandong Sun Paper Industry Joint Stock Co. is also looking at a site in...

LITTLE ROCK, Ark. (AP) — A site in south Arkansas is one of two places a Chinese company is considering building a $1.36 billion paper mill.

Arkansas Economic Development Commission executive director Mike Preston says Shandong Sun Paper Industry Joint Stock Co. is also looking at a site in Mississippi for its pulp mill.

The Arkansas Democrat-Gazette (http://bit.ly/23KB939 ) reports that the mill's production capacity would be 700,000 tons of pulp annually, which means it would harvest 3 million tons of timber per year.

The company said in November that it wanted to build the mill in south Arkansas and that it expected to select a site by May 1.

Preston says he expects a site to be chosen this summer. He said he believes that incentives from each state will likely be comparable.

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Information from: Arkansas Democrat-Gazette, http://www.arkansasonline.com

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