Smurfit-Stone still selling Frenchtown, Montana plant

As Smurfit-Stone Container Corp. moves forward with the $3.5 billion sale of its company to competitor Rock-Tenn Co., a Georgia-based packaging manufacturer, the longtime Missoula-area employer will continue to negotiate a sale of its Frenchtown mill to a different buyer.

"The acquisition announcement of the company has no impact on the sale of the mill," said Ron Megna, assistant general counsel for Smurfit-Stone Container. "We already had a signed letter of intent to sell before the announcement of the company’s intent to sell to Rock-Tenn, and we anticipate the closing of the Frenchtown property will be in the next two weeks."

By BETSY COHEN of the Missoulian missoulian.com |

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