Tennessee Gov. Bill Haslam joined officials from the tissue products company Kruger Products L.P. to announce plans to expand its Memphis paper mill with a $316 million investment of new equipment.
According to a company news release Friday, Canada-based Kruger plans to expand its presence in the North American market by adding new technology to the Memphis mill that will increase production capability by 18 percent.
A state government news release said the move will create 100 direct jobs in Memphis and protect 2,400 existing jobs at the company's facilities in the U.S. and Canada. The project will involve the construction of a new building and the purchase of a new tissue machine.