New Owner, Capital Infusion for SMART Papers
HAMILTON, OH—With a new owner in the investment advisory firm Plainfield Asset Management and the resulting influx of capital, SMART Papers has exited Chapter 11 reorganization with a vengeance.
The company is now expanding production on all three of the papermaking machines at its manufacturing center here. SMART Papers is now producing its full line of cast-coated, matte-coated and uncoated text, cover and writing papers.
SMART Papers plans to expand the sales and distribution of its products to North American paper merchants and printers, among others.