Gov. Bevin announces $200M investment by Phoenix Paper in west Kentucky
August 9, 2019 — Phoenix Paper, which runs a paper mill in west Kentucky, is expanding with a new facility that represents a $200 million investment. Kentucky Gov. Matt Bevin announced the company's investment Friday during a conference call with west Kentucky leaders at Wickliffe City Hall. The company took over the site of the former Verso paper mill in Wickliffe. Phoenix Paper announced the completion of its first roll of paper there in May.
The commercial investment announced Friday will include a paper recycling facility, Bevin said. The governor said there will be 150 employees at the new facility, which will open in 18 months. Phoenix Paper is owned by Chinese manufacturer Shanying International, and the new facility will process recycled paper and send it to China to be used for packaging.
The governor said, while the United States and China are going through trade tensions at the national level, no state is working harder with China "at the sub-national level" than Kentucky.
With first roll complete, Phoenix Paper is officially operating in Wickliffe
May 29, 2019 — The Wickliffe, Kentucky, paper mill is officially back in business. The company that now owns and operates the mill, Phoenix Paper, says employees made the first roll of bleached hardwood pulp Wednesday.
When the previous owner, Verso, officially closed July 1, 2016, More than 300 people lost their jobs. Phoenix Paper — owned by Chinese manufacturer Shanying International — bought the mill last year. Now, Phoenix Paper says about 224 people are working at the Wickliffe facility.
With a news release sent Wednesday, Phoenix Paper says the mill officially restarted operations at 12:45 a.m. Wednesday. The company shared a photo of its first roll of paper pulp, and says it expects to produce about 300,000 tons of it per year.
1724 Fort Jefferson Hill Road
PO Box 500
Wickliffe, KY 42087