MeadWestvaco completes sale of Cedar Mill

On 1 September 2008, MeadWestvaco Corp. based in Richmond, Virginia, completed the sale of its Cedar Mill in Potsdam, New York, to Potsdam Specialty Paper Inc. (PSPI), a firm created by a group of financial investors. Both companies had inked a deal to this effect in May 2008. At that time, the parties had expected ...

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