Clearwater completes Granger acquisition | Business

Clearwater Paper Corporation announced today that it has completed the acquisition of the Granger Company, a wood chipping operation located at the Port of Wilma.

The deal was closed on December 28th, and employees of Granger were notified this morning.

Clearwater Paper's Matt Van Vleet says historically there have been about 23 employees at the facility, and CWP will employ approximately 20. The current employees are currently going through the application and hiring process for Clearwater Paper.

The Granger Company has been a CWP vendor for more than 20 years, and Van Vleet says this acquisition strengthens the Lewiston plant's manufacturing operations.

He calls it "a very good long-term investment for the mill in Lewiston."

Mia Carlson, news director for KZBG in Clarkston, wrote this report.