Appvion orders curtain coating technology for Appleton, Wisconsin, mill; slated for installation in 2023, equipment will allow Appvion to optimize finished goods capacity, eliminate need to secure pre-coated base in a consolidating white paper market

Sample article from our Pulp & Paper Industry

APPLETON, Wisconsin , May 12, 2022 (press release) –

New Curtain Coating Technology to Improve Safety, Increase Productivity

Appvion, LLC, a Wynnchurch Capital, L.P. ("Wynnchurch") portfolio  company, announced a significant investment in new equipment slated for delivery and installation in 2023.

"This is the largest single investment made in our Appleton plant for many years and marks the start of a  new and exciting journey for the Appvion team," said Laurie Andriate, CEO at Appvion. "The investment  provides many benefits for Appvion and our customers, including elimination of "double-handling" of rolls  to improve productivity as well as safety of our people."

This new equipment will allow Appvion to make products more efficiently, allowing Appvion to optimize  finished goods capacity and eliminating the need to secure pre-coated base in a consolidating white paper  market.

"The capital investment demonstrates our commitment to Appvion. Continued investment in new  technology fosters future growth in Appvion's core business," said Greg Gleason, Managing Partner at  Wynnchurch.

The announcement comes just months after the company was purchased by Wynnchurch Capital, L.P., a  private equity firm headquartered in the Chicago suburb of Rosemont, Illinois. Founded in 1999, with offices  in California, New York, and a Canadian affiliate, Wynnchurch Capital is a leading middle-market private  equity investment firm. Wynnchurch's strategy is partnering with middle-market companies in the United  States and Canada that possess the potential for substantial growth and profit improvement. The  company's focus is on leveraging business strengths and identifying new market opportunities to support  management's vision—with an unwavering commitment to sound business judgment, partnership,  communication, and integrity.

About Appvion 
As a leading manufacturer in North America, Appvion develops innovative, water-based, and  environmentally responsible coating solutions for consumers' everyday life. Appvion utilizes its material  science expertise to apply high-performance, functional coating solutions to various flexible substrates,  including products from an FDA-compliant facility. Primary offerings include direct thermal paper and film  products and renewable, fiber-based consumer and industrial packaging solutions. Headquartered in  Appleton, Wisconsin, Appvion employs nearly 400 people. Connect with us on Twitter and LinkedIn to learn  more.

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