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Georgia-Pacific to Spend $150 Million Rebuilding Palatka Mill Paper Machine

Georgia-Pacific said it is spending $150 million to rebuild one of the paper machines at its Palatka, Florida, mill.

By Katherine HamiltonGeorgia-Pacific said it is spending $150 million to rebuild one of the paper machines at its Palatka, Fla., mill.The investment is part of a broader strategy to improve the paper and packaging company's tissue production and stay competitive in the industry.Work on the project…