Putney Paper has new owner

PUTNEY — A leading manufacturer of recycled paper products now owns Putney Paper Co.

Soundview Paper Co. LLC, of Elmwood Park, N.J., last week acquired Putney Paper, a subsidiary of the Claremont, N.H.-based APC Paper Group.

Terms of the sale were not disclosed.

“We are excited about the Putney acquisition,” George Wurtz, Soundview's CEO, said last week in a press release.

Soundview has no plans to make immediate changes at Putney Paper. Wurtz said that Putney Paper's “operational capabilities and paper-making skills extend our capabilities in the commercial markets, enabling us to continue to grow our presence in the Northeast region.”

Soundview, which is owned by Atlas Holdings LLC, was formed in 2012 when it purchased another long-time maker of recycled paper products.

Last April, Soundview acquired Marcal Manufacturing LLC. Founded in 1932 by Nicholas Marcalus, Marcal is one of the nation's leading manufacturers and distributors of recycled paper tissue, towel, and napkin products.

In acquiring Putney Paper, Soundview has picked up a mill with a nearly 200-year-old manufacturing legacy.

Putney Paper's mill in the center of town is located on the same site along Sackett's Brook where paper was first made here in 1818. Tissue paper was first made at the site in 1869, when the Eagle Paper Mill was established.

For more than 50 years, Putney Paper has made napkins, towels, and wrapping tissue from recycled paper.

“Putney is recognized for its high quality commercial towel products and has a heritage of making tissue from 100 percent recycled paper, fitting perfectly into the family of Soundview and Marcal brands,” John McLean, Soundview's senior vice president for sales and marketing said last week in a press release. “With the addition of Putney, we now offer our customers an even broader product array of towel and tissue products in the Away-from-Home segment.”

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