Domtar’s Conversion to Wood Fluff Manufacturing Project
Organization:
Martin County Economic Development Corporation
Amount:
500000
Program Area:
Economic Catalyst Program
County of Applicant:
Martin
Year:
11/05/2009
Description:
The purpose of this Golden LEAF grant is to assist the efforts of Martin County Economic Development Commission (MCEDC) to retain at least 326 jobs at Domtar Paper Company, LLC. The positions pay an average wage of over $72,000. Domtar Paper is in the process of converting a major component of its North Carolina paper production from sheet paper for the printing industry to fluff paper for the diaper, feminine hygiene and adult incontinence industries. Funds will be used to purchase equipment that will be leased or sold to Domtar at fair market value. Golden LEAF funds will be combined with $7 million in North Carolina Job Maintenance and Capital Development (JMAC) funds and $1.5 million in MCED Incentive Grant funds for a total of $9 million in assistance.