GREAT NECK, NY, May 30, 2014 (Press Release) - First Quality Tissue, a privately held leading manufacturer of ultra-premium towel and tissue products is pleased to announce the following update to our most recent strategic expansion plan.
As previously announced, the company has made plans to add two additional TAD paper machines with an estimated annual capacity of 140,000 tons. The startup of these machines is expected to be late 2015 and 2016 respectively. The first of these two TAD machines is now confirmed for installation at First Quality's existing Anderson, South Carolina site. With the addition of this machine to the existing operations, the Anderson site will include three TAD machines with a combined estimated capacity of 210,000 tons. The location of the second TAD machine is under serious consideration and will be announced within the next few weeks after completion of due diligence.
"First Quality leadership recognizes the current and future requirements and expectations in the ultra-premium category. Consistent with our business philosophy we are focused on our customers and the ultimate consumers who use and value our products. Additional state of the art manufacturing capacity reaffirms First Quality's commitment to the industry and ensures First Quality's ability to meet the growing demands of our customers in a timely and efficient manner".
Since inception, almost eleven years ago, First Quality Tissue has been committed to providing ultra-premium tissue and towel products to its customers in the United States, Canada and select International locations. The company has already installed four state of the art Through-Air-Dried (TAD) machines - two in Lock Haven, Pennsylvania and two in Anderson, South Carolina. This additional investment will result in an estimated capacity of 500,000 tons of paper.
First Quality Tissue, is a member company, of the privately held First Quality group of companies, headquartered in Great Neck, New York a leading manufacturer of nondiscretionary consumer products. The company is a market leader that offers a very diversified and full product offering of high quality private label and branded products. For further information, please visit us at http://www.firstquality.com