PaperWorks Invests in Energy Efficiency in Wabash

Posted: Updated:
WABASH -

Pennsylvania-based PaperWorks Industries Inc. has invested $3.5 million in an effort to reduce energy consumption at its Wabash plant. The work was completed with the assistance of Duke Energy, which provided incentives to the company.

PaperWorks used the investment to overhaul its pulp recycling system at the Wabash plant by eliminating large motors and pumps. Duke Energy says a large portion of the facility is dedicated to stock cleaning, in which paper is prepared to be recycled.

The efforts have led to an increase in efficiency and an 11 percent reduction in electricity consumption, according to the company.

"We were able to make changes that improved our efficiency but still maintain high product quality and production rates," said Chris Wetherford, general manager of PaperWorks Industries. "We factor environmental responsibility into all of our decisions and try to look at the big picture while operating in a way that’s good for our business as well as the environment."

Duke Energy offered PaperWorks a $1.13 million incentive payment through its Smart$aver Custom program, which provides incentives to reduce the costs of purchasing and installing high-efficiency equipment. Duke Energy says it gave $12 million in incentives to companies in 2016.

"Energy efficiency is one of the least expensive energy resources," said Shawn South with Duke Energy. "The most economical power plant is the one we don’t have to build, and programs like this help us delay building new plants, which helps manage costs for all of our customers."

  • Perspectives

    • Mitigating Your Company’s Cybersecurity Risk

      Frequently, I encounter people who think that a software developer understands all languages and can “fix” anything tech related. While that may be true for a few, areas of expertise within tech evolve as rapidly as the technology itself. For instance, there was a time (not long ago) when operating in the cloud was revolutionary. Today, it is considered best practices for some or all of an organization to function within a cloud. Managed information technology began with...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • (photo courtesy Dax Norton)

      Whitestown Tops Indiana's Fastest-Growing Communities

      The Indiana Business Research Center at the Indiana University Kelley School of Business says Whitestown in Boone County is Indiana's fastest-growing community for the eighth consecutive year. The center says the town's population nearly tripled, from 3,132 in 2010 to 8,627 last year. Westfield in Hamilton County is not far behind. Its population grew 5.2 percent in 2018, according to information reported by the U.S. Census Bureau. Other communities on the list include...

    • (Image courtesy of the Indiana Economic Development Corp.)

      Indy-to-Paris Flight Celebrates One Year

      One year after the first nonstop flight from Indianapolis International Airport to Paris, Airport Authority Executive Director Mario Rodriguez says the flight is "fully meeting our expectations." He says, on average, more than 1,000 passengers per week fly between Indianapolis and Paris. Delta Air Lines Flight 500 marked IND's first year-round, nonstop transatlantic air service to Europe. The airline increases the route's frequency throughout the spring, summer and fall...

    • (photo courtesy of Farmer's Fridge)

      Farmer's Fridge Expands to Indianapolis

      A Chicago-based company is looking to make fresh, healthy food as convenient in Indianapolis as a candy bar. Farmer’s Fridge has expanded to more than a dozen locations in the Indy market with its "smart fridges" the size of vending machines, which feature a variety of freshly-made products such as salads, bowls and snacks. Rachel Rischall, director of communications for Farmer's Fridge, says the food is made fresh every day and shipped to nearly 300 fridges in...

    • The Waterside project aims to transform 100-acres of the former GM Stamping Plant site. (photo courtesy of Ambrose Property Group)

      Ambrose, Glick Partner on Waterside

      Indianapolis-based Ambrose Property Group has announced a key partnership for the redevelopment of the former GM Stamping Plant in downtown Indianapolis. The commercial real estate firm is teaming up with the Gene B. Glick Co. to build and manage apartments as part of the $1.4 billion mixed-use redevelopment project. Ambrose says the partnership is also part of plans to catalyze "philanthropic and community-centric strategies to strengthen Indianapolis." The firm also...

    • Pearl will take the position on May 22

      Bloomington Launches Online Economic Development Tool

      The city of Bloomington has officially launched its new online development tool. The platform will streamline public data for current and prospective business owners and entrepreneurs.