Viking Paper Expanding in Plymouth
Ohio-based Viking Paper Corp. has announced plans to expand operations at its Plymouth facility. The Marshall County Economic Development Corp. says the company will invest more than $3.5 million into the expansion, which will double the speed of its production line and support a new product line.
Viking Paper plans to use $1.5 million to purchase and install new equipment and more than $2 million in a building expansion, which will include the addition of a rail spur and new loading docks. The expansion will not lead the to creation of new jobs, but the Marshall County EDC says it "will be vital to the retention of the Plymouth facility’s 35 existing employees."
The Plymouth City Council has approved a seven-year personal and real property tax abatement for the expansion.
"I’m proud that the city approved Viking’s tax abatement, and that Plymouth offers our business community so many great reasons to expand," said Plymouth Mayor Mark Senter. "We look forward to seeing Viking’s continued growth in Plymouth."
Viking Paper Corp. was founded in 1981 in Toledo, Ohio and expanded to Plymouth in 1993.