From Staff Reports 

WAYNESVILLE — Pactiv Evergreen has signed a deal to sell two of its properties — including one in Waynesville — to a global paper and pulp producer, Asheville television station WLOS (News 13) reported on July 15.

Meanwhile, negotations — reportedly — are continuing for the sale of the now-defunct Canton paper mill.

As for the Waynesville plant sale, “This deal is likely to bring economic benefits to the area,” News 13 noted, adding:

“In a $110 million agreement, Pactiv Evergreen is to sell its Waynesville extrusion facility, and its Pine Bluff, Ark., facility to a company called Suzano.”

News 13 quoted David Francis, economic development director for Haywood County, as saying that “Suzano is a Brazilian company with over 100 years in the pulp industry. They use eucalyptus for their paper and fiber.”

To that end, the TV station added that “Francis says the company carries credibility... They are becoming the largest pulp manufacturer in the world now.”

News 13 added that “Pactiv Evergreen’s liquid packaging board and cup stock are made in Arkansas to make beverage cups, while Waynesville provides incremental extrusion or forming capacity for the board.”