International Paper announces multi-million dollar investment in Floyd County.

From:RNT.com

International Paper announced a significant reinvestment in their plant in Coosa. President of the Greater Rome Chamber of Commerce Al Hodge called it a very significant reinvestment and attorney Andy Davis said the investment will be to the tune of 100 to 150 million dollars.


The aim is to modernize the plant, which would occur in three different phases over the next three years. 
The development authority approved the resolution this morning. Approving taxable revenue bonds for the acquisition and installation of additional machinery and equipment for the proposed expansion of the plant in Coosa.
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UPDATE: International Paper announces multi-million dollar reinvestment in Floyd County