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A recycled cardboard manufacturer plans to invest more than $16 million and create 61 jobs at a new plant in North Carolina.
Gov. Bev Perdue said Tuesday that Stonewall Packaging LLC will renovate and modify a vacant mill in Sylva to make recycled cardboard packaging. The new jobs are expected to pay $39,344 annually. The company will begin hiring this summer.
The company is a joint venture of Jackson Paper Manufacturing Co., which employs 119 people at a mill in Sylva that makes recycled corrugated cardboard for box manufacturers.
Company officials said they chose to build in Sylva because of the infrastructure already in place and skilled work force.
The project will receive a $200,000 state grant from the One North Carolina Fund, which helps attract new businesses to the state.

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