This news organization has reached out to a spokesperson for Nine Dragons Paper to ask how many jobs in Dayton may be affected by the sale.
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Nine Dragons' major focus is on environmentally friendly recycled paper, but it also operates conventional pulp mills like those it's buying in Maine and Wisconsin. Eventually, Nine Dragons said it plans to invest in high-growth packaging paper and pulp products to keep both of the mills on a competitive footing.
"We look forward to working with the teams and communities in Maine and Wisconsin as we embark on this next phase of expansion together," Nine Dragons Chairwoman Yan Cheung said.
The Associated Press contributed to this story.
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