COSMOPOLIS, Wash. (AP) — Shuttered since 2006, the Cosmopolis Pulp Mill has been sold to a Los Angeles-based private equity firm that has announced plans to reopen it soon.
Weyerhaeuser Co. announced Thursday that it has sold the mill to the Gores Group. Neither Weyerhaeuser spokesman Anthony Chavez nor Gores Group Managing Director Jordan Katz would discuss the financial arrangements.
Katz says the plan is to reopen the mill “as soon as possible.” The Daily World says Katz didn’t have an immediate timeline or know when employees would be hired.
Gov. Chris Gregoire calls the sale “fantastic news for the Grays Harbor community and the entire state of Washington,” saying it “means the return of hundreds of living-wage jobs in Grays Harbor County.”
