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American Eagle Paper Mills Announces Boiler Project

Tyrone, Pennsylvania, USA 05 April 2016 -- American Eagle Paper Mills is proud to announce a multi-million dollar natural gas conversion project. This project will replace the legacy coal based power generation equipment with high efficiency natural gas fueled equipment. The project has been in development since 2013 and has been fully engineered and financed. The construction and equipment procurement was initiated in July 2015, with an anticipated start-up date in the early third quarter of this year.

The project includes a new Babcock and Wilcox natural gas boiler, as well as an equipment upgrade to the mill's power distribution infrastructure. When operational, the new system will greatly reduce greenhouse gas emissions of the mill by the conversion from coal to natural gas.

CEO Mike Grimm commented that "the power boiler project is a key part of American Eagle's overall company strategy. In order to execute this strategy, we must ensure that we have a solid infrastructure to support it. This project is the critical link in that process. It will not only make certain American Eagle Paper Mills is in full regulatory compliance under the Boiler MACT legislation, but lay the groundwork for future projects to support our growth and provide new and sustained employment opportunities in Tyrone for many years to come."

About American Eagle Paper Mills

Located in the mountains of Central Pennsylvania, American Eagle Paper Mills is a dedicated community of environmental stewards, producing a wide variety of recycled and post-consumer-waste paper products. Our mission since startup has been focused on manufacturing high-quality, uncoated recycled paper products, and providing excellent customer service while protecting the environment. We work diligently to provide the paper products that consumers need today and desire in the future. Our goal is to become the largest producer of recycled paper products with the smallest carbon footprint possible. For more information about the American Eagle Paper Mills story please visit www.aepaper.com


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