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Chinese company to build $1 billion mill in south Arkansas
680 News ^ | April 26, 2016 | AP

Posted on 04/26/2016 9:26:34 AM PDT by rickmichaels

LITTLE ROCK, Ark. – The Chinese company Sun Paper announced plans Tuesday for a $1 billion bio-products mill in southern Arkansas, the paper company’s first facility in North America.

Sun Paper officials were joined by Arkansas Gov. Asa Hutchinson to announce the project. Hutchinson said the project will create 250 jobs and is one of the largest private investments in Arkansas’ history.

Based in Shandong Province, Sun Paper employs 10,000 people worldwide and is China’s largest privately owned paper-making enterprise, according to the company’s website.

The new plant will built about 65 miles southwest of Little Rock in the city of Arkadelphia. An Arkansas economic development official said earlier this month that Sun Paper was also considering Mississippi for the mill.

“The fact Sun Paper is investing more than $1 billion in south Arkansas speaks volumes of their confidence in our workforce and pro-business environment,” Hutchinson said in a statement. “This is among the largest private investments in the state’s history and the impact will be felt for generations.”

Hutchinson, a Republican, travelled to China last November and met with Sun Paper officials. He signed a letter of intent then to study the feasibility of building the plant in Arkansas.


TOPICS: Business/Economy; US: Arkansas
KEYWORDS: chinainus; sunpaper
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1 posted on 04/26/2016 9:26:34 AM PDT by rickmichaels
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To: rickmichaels

China - exporting manufacturing jobs to low cost third world areas.


2 posted on 04/26/2016 9:33:54 AM PDT by PAR35
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To: PAR35

By getting directly into the paper products business, they can ensure that America is exporting a supply of paper products even when there are shortages.


3 posted on 04/26/2016 9:36:11 AM PDT by DannyTN
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To: rickmichaels

You do not want to ever work for a Chinese company.


4 posted on 04/26/2016 9:36:42 AM PDT by EagleUSA
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To: rickmichaels

Oh good. We can have lousy cardboard made right here at home. (/s)


5 posted on 04/26/2016 9:36:56 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: PAR35

The biggest crop in Southern Arkansas is not cotton and hasn’t been for years. Pulp wood is the king now and there are several paper mills to churn out the product.


6 posted on 04/26/2016 9:45:24 AM PDT by centurion316
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To: Smokin' Joe

Maybe right there in Arkansas they can also make those cheap plastic grocery bags that split open when you put three cans in them. I would gladly pay 2 mils per bag extra not to have to pick up my groceries from the parking lot pavement as I transfer them to my car.


7 posted on 04/26/2016 9:47:31 AM PDT by AndyJackson
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To: rickmichaels

Will they pay a high enough wage to get the remaining 20+% of the American workforce off disability, welfare and Foodstamps?


8 posted on 04/26/2016 9:50:39 AM PDT by PGR88
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To: EagleUSA

By making it in the USA—they will avoid the Trump Tariffs and put Americans to work. I see this as a good thing. More Americans with jobs is a positive. Chines/Japanese/Korean car companies will build their cars in the USA to avoid the Tariffs (some do now) but they will employ US workers! That is the goal. Americans to work! Maybe new companies will expand (like that 3 wheeled car plant)—better to employ US Tax payers than cheap Mexican workers in Mexico.


9 posted on 04/26/2016 9:52:58 AM PDT by Forward the Light Brigade (Into the Jaws of H*ll Onward! Ride to the sound of the guns!)
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To: rickmichaels

Using OUR money!


10 posted on 04/26/2016 9:53:05 AM PDT by stephenjohnbanker (My Batting Average( 1,000) since Nov 2014 (GOPe is that easy to read))
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To: rickmichaels

Folks in Arkadelphia need to invest in gas masks. Then again they will probably learn to think of the horrible constant smell as $$$$$.


11 posted on 04/26/2016 9:55:34 AM PDT by mosaicwolf (Strength and Honor)
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To: EagleUSA
You do not want to ever work for a Chinese company.

I've heard some general stories, but want to know what your experiences are. As a side note, I have a friend who worked (briefly) for a Pakistani-run software company. He said it was like Alibaba and the 40 thieves meets Microsoft. Very 3rd world.

12 posted on 04/26/2016 9:55:43 AM PDT by PGR88
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To: rickmichaels

What better way to mask your nefarious intentions than with paper?

Just speculating...

5.56mm


13 posted on 04/26/2016 9:57:40 AM PDT by M Kehoe
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To: rickmichaels

Great, TP that falls apart in your hands?


14 posted on 04/26/2016 9:57:46 AM PDT by Bringbackthedraft (HILLARY 2016 - SERIOUSLY? What are they thinking?)
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To: EagleUSA

Are they difficult to work for? I’ve worked for foreign owned companies, though not Chinese owned. What is bad about working for a Chinese company?


15 posted on 04/26/2016 9:58:27 AM PDT by Dilbert San Diego
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To: rickmichaels

There is a massive paper mill in Pine Bluff that I’ve called on in past years. It was owned by International Paper but was sold off.
They made 95 percent of the world’s supply of coated paper for milk cartons.


16 posted on 04/26/2016 10:09:04 AM PDT by Eric in the Ozarks (Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
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To: rickmichaels

Chinese paper plant in Arkansas. Wonder what Hillary’s CUT was ?


17 posted on 04/26/2016 10:11:16 AM PDT by UCANSEE2 (Lost my tagline on Flight MH370. Sorry for the inconvenience.)
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To: PGR88

For the record....... Alibaba is a chinese company and haqd the largest ever public offering on the New york Stock excannge

The people in question are Chicaps


18 posted on 04/26/2016 10:16:02 AM PDT by bert ((K.E.; N.P.; GOPc;+12, 73, ....)
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To: EagleUSA

“You do not want to ever work for a Chinese company”

I do and get paid very handsomely. Fly first class, stay in 5 star hotels. No requirement to use chop sticks...


19 posted on 04/26/2016 10:26:13 AM PDT by BubbaJunebug
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To: AndyJackson

“Maybe right there in Arkansas they can also make those cheap plastic grocery bags that split open when you put three cans in them ...

We always ask for paper bags at Publix when we buy anything that is heavier than a box of cereal. They are recyclable and so far are much better quality than the plastic.


20 posted on 04/26/2016 10:31:14 AM PDT by riverdawg
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