Nip Impressions logo
Wed, Dec 11, 2019 19:39
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
WestRock Announces Plans to Sell Newberg Property

OREGON (News release) -- WestRock Company has announced plans to sell its property in Newberg, Oregon.

The 220-acre property, site of WestRock's former paper mill, includes 100 acres of developable land along the Willamette River. Colliers International has been retained to assist with the sale.

"Partnering with the city, we have explored many options for developing the property," said John Stakel, senior vice president and treasurer of WestRock. "We believe that selling it for a possible mixed-use development will provide the most value for both WestRock and the city. We are encouraged by the interest in the property and believe there is a great opportunity for a buyer to completely redevelop the property in line with the city's proposed Riverfront Master Plan and for the long-term benefit of local residents."

We have been fortunate that over the last several months, we have been able to repurpose some of the paper-making equipment and components at our Newberg site for use in several of our other facilities," Stakel added.

"We applaud WestRock's collaboration and partnership in the Riverfront Master Plan process and willingness to look at different options for the site, including possibly donating a small portion of the site, Rogers Landing, for public use," said Rick Rogers, mayor of Newberg. "We look forward to working with WestRock and potential buyers as WestRock markets the property. The redevelopment of this important site will be key to the economic revitalization of the riverfront and Newberg."

**********

Onlypulpandpaperjobs.com has taken off like a rocket! Over fifty jobs are posted, in many interesting categories. These jobs are in at least ten different US states. [06.19.19]

****

Employers are on board with Onlypulpandpaperjobs.com. There are nearly forty employers located in fifteen different US states and six other countries. [06.19.19]


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: