NewPage was a leading producer of printing and specialty
paper
Paper is a thin sheet material produced by mechanically or chemically processing cellulose fibres derived from wood, Textile, rags, poaceae, grasses, Feces#Other uses, herbivore dung, or other vegetable sources in water. Once the water is dra ...
s in
North America
North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...
with $3.1 billion in net sales for the year ended December 31, 2012. NewPage was headquartered in
Miamisburg, Ohio, and owned paper mills in
Kentucky
Kentucky (, ), officially the Commonwealth of Kentucky, is a landlocked U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders Illinois, Indiana, and Ohio to the north, West Virginia to the ...
,
Maine
Maine ( ) is a U.S. state, state in the New England region of the United States, and the northeasternmost state in the Contiguous United States. It borders New Hampshire to the west, the Gulf of Maine to the southeast, and the Provinces and ...
,
Maryland
Maryland ( ) is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic region of the United States. It borders the states of Virginia to its south, West Virginia to its west, Pennsylvania to its north, and Delaware to its east ...
,
Michigan
Michigan ( ) is a peninsular U.S. state, state in the Great Lakes region, Great Lakes region of the Upper Midwest, Upper Midwestern United States. It shares water and land boundaries with Minnesota to the northwest, Wisconsin to the west, ...
,
Minnesota
Minnesota ( ) is a U.S. state, state in the Upper Midwestern region of the United States. It is bordered by the Canadian provinces of Manitoba and Ontario to the north and east and by the U.S. states of Wisconsin to the east, Iowa to the so ...
and
Wisconsin
Wisconsin ( ) is a U.S. state, state in the Great Lakes region, Great Lakes region of the Upper Midwest of the United States. It borders Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake Michigan to the east, Michig ...
. These mills have a total annual production capacity of approximately 3.5 million tons of paper.
NewPage's Niagara Mill, located in
Niagara, Wisconsin closed in 2008, Kimberly Mill, located in
Kimberly, Wisconsin closed in 2009, Chillicothe Mill, located in
Chillicothe, Ohio sold in 2006 to
Glatfelter and is still operational, Port Hawkesbury Mill, located in
Point Tupper, Nova Scotia closed in 2011, re-opened in 2012 by
Stern Partners as Port Hawkesbury Paper) and Whiting Mill, located in
Whiting, Wisconsin closed in 2011. In 2015, the company was acquired by the
Verso Corporation.
History
Two of the mills can trace their roots to the West Virginia Paper Company (aka the West Virginia Pulp & Paper Company and later, Westvaco) that was established in 1888 by
William Luke on 50 acres (202,000 m
2) of land along the
Potomac River
The Potomac River () is in the Mid-Atlantic (United States), Mid-Atlantic region of the United States and flows from the Potomac Highlands in West Virginia to Chesapeake Bay in Maryland. It is long,U.S. Geological Survey. National Hydrography D ...
in an area known as "West Piedmont" (now
Luke, Maryland). The mill in Luke remained a major economic factor in the area straddling the river into
Beryl and
Piedmont
Piedmont ( ; ; ) is one of the 20 regions of Italy, located in the northwest Italy, Northwest of the country. It borders the Liguria region to the south, the Lombardy and Emilia-Romagna regions to the east, and the Aosta Valley region to the ...
in
West Virginia
West Virginia is a mountainous U.S. state, state in the Southern United States, Southern and Mid-Atlantic (United States), Mid-Atlantic regions of the United States.The United States Census Bureau, Census Bureau and the Association of American ...
, until it was closed in 2019.
In 2005,
MeadWestvaco
MeadWestvaco Corporation was an American Packaging and labeling, packaging company based in Richmond, Virginia, Richmond, Virginia. It had approximately 23,000 employees. In February 2006, it moved its corporate headquarters to Richmond. In March ...
's Printing and Writing Paper business was sold to investment firm
Cerberus Capital Management for about $2.3 billion to form NewPage Corporation.
NewPage originally constituted five pulp and paper manufacturing plants in Kentucky, Maine, Maryland, Michigan, and Ohio. In April 2006, NewPage sold their carbonless operations located in Ohio for $84 million to global specialty papermaker
P. H. Glatfelter Company, based in
York, Pennsylvania
York is a city in York County, Pennsylvania, United States, and its county seat. Located in South Central Pennsylvania, the city's population was 44,800 at the time of the 2020 United States census, 2020 census, making it the List of cities in ...
. In 2007, NewPage Corporation purchased the North American assets of
Stora Enso (formerly
Consolidated Papers, Inc.) which included mills in Minnesota, Wisconsin and Nova Scotia.
On September 7, 2011, the NewPage Corporation filed for chapter 11 bankruptcy reorganization due to negative cash flow for more than a year.
NewPage Corporation announced December 21, 2012, that it has successfully completed its financial restructuring and has officially emerged from Chapter 11 bankruptcy protection pursuant to its Modified Fourth Amended Chapter 11 Plan which was confirmed on December 14, 2012, by the U.S. Bankruptcy Court for the District of Delaware in Wilmington.
In early 2015, NewPage was acquired by the
Verso Corporation for $1.4 billion.
References
{{Reflist
External links
NewPage Corp. websiteNewPage Digital website
Companies based in Dayton, Ohio
Miamisburg, Ohio
Mineral County, West Virginia
Pulp and paper companies of the United States
Defunct pulp and paper companies
Companies that filed for Chapter 11 bankruptcy in 2011