PORT OF GRAYS HARBOR, WA
- Asia's demand for logs and timber, and hemlock chips converted to viscose pulp by Cosmo Specialty Fiber, has revived business at a previously slow-moving port in Western Washington.
Exports reach 1.9 million tons, reports the Wall St. Journal, up from 276,000 five years ago.
The Gores Group, LLC, an equity firm in Los Angeles, acquired and restarted a former pulp mill in Cosmopolis, WA last year, naming Michael W. Entz CEO of Cosmo Specialty Fibers, Inc., formed as part of its acquisition of the Cosmopolis high purity cellulose mill from Weyerhaeuser Company. Entz directed the refurbishment and restart of the mill, which has been closed since 2005.
It now is one a few producers of viscose pulp.
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