Domtar has closed the sale of certain of its Port Edwards mill assets in Wisconsin to DMI Acquisitions, LLC of Columbus, Ohio, according to Recycling Today.
The sale includes all the remaining assets on the site, but does not include the adjacent hydroelectric facilities on the Wisconsin River that Domtar will continue to own and operate.
The Port Edwards mill has been closed since 2008.
“Domtar has been working diligently with the Wisconsin Department of Natural Resources (DNR) and other parties for several years to prepare the site and find the right purchaser for the Port Edwards assets,” says Mark Bessette, general manager of Domtar’s Nekoosa, Wis., mill, as quoted by Recycling Today. “We are pleased that DMI will bring new economic activity to the site, for the benefit of the community,” he adds.
With its extensive rail facilities DMI believes that the site is uniquely positioned for new warehouse and light manufacturing opportunities, particularly in the energy, agricultural and wood products markets.
DMI began around 10 years ago and is a broker and recycler of ferrous and nonferrous metals.
The site includes a 900,000 square-foot production facility; 280,000 square feet of warehouse space; 141,000 square feet of office space and a 23,000 square-foot data center.
