PCA Invests $20 Million to Expand Mill Power Plant in Minnesota

SUGAR LAND--March 12, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Packaging Corporation of America (NYSE:PCA) (PCA) (Lake Forest, Illinois) is investing in the future of its pulp and paper mill operations in International Falls, Minnesota. PCA is spending $20 million to expand the mill's power plant, which calls for adding a steam turbine and replacing vintage equipment. Last March, PCA purchased a used, 57-megawatt General Electric (NYSE:GE) (Fairfield, Connecticut) steam turbine from a site in Millinocket, Maine.

Within this article: Details of the power plant expansion.