A paper and box company will build a $120 million box factory in middle Georgia, with plans to hire more than 125 workers.
Pratt uses recycled paper and boxes as a raw material, grinding it up and dissolving it back into watery pulp, then making new cardboard. The company is owned by Australia’s Anthony Pratt, considered by some to be that country’s richest man. Pratt and his relatives also own Australia’s Visy Industries, a sister company.
Pratt Industries says it’s the largest Australian-owned employer of Americans, and says it’s investing $5 billion in U.S. facilities over 10 years. The company is finishing a new $400 million paper mill in Henderson, Kentucky, its sixth in the United States.
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