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Soundview Paper in NJ weighs gas-fired energy plant at its former Marcal tissue mill due to state’s uncompetitive electricity costs

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Soundview Paper in NJ weighs gas-fired energy plant at its former Marcal tissue mill due to state’s uncompetitive electricity costs

August 22, 2012 - 11:25
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PARAMUS, NJ, Aug. 22, 2012 (Local News) -Electricity is so expensive in New Jersey that the former Marcal Paper plant in Elmwood Park is considering building its own power plant to reduce costs, the CEO of the facility's new owner told several state Assembly members Tuesday.

George Wurtz, CEO of Soundview Paper Co., said it costs as much as five times more to buy industrial power in the Garden State than elsewhere in the country. Wurtz spoke at a breakfast business roundtable organized by Assemblyman David Rible, R-Monmouth, who is Republican Conference leader.

"I've been all over Europe, Asia and the U.S., 17 states in America, and this is probably one of the most uncompetitive when it comes to electricity," Wurtz said, mentioning Public Service Electric and Gas several times. "We use a lot of electricity in manufacturing."

The Record - New Marcal owner cites sky-high electric costs

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