Twin Rivers Paper Company has acquired Potsdam Specialty Paper Inc., adding 26,000 tons of annual production capacity and expanding its position in specialty papers.
The transaction brings the Potsdam, New York mill into Twin Rivers’ manufacturing network, strengthening its capabilities in engineered papers, including latex-saturated, acrylic and other specialty base papers. The site features advanced on-machine and converting capabilities, such as latex saturating, wet creping, nonwoven and synthetic fiber handling, as well as off-machine coating.
Potsdam Specialty Paper produces papers used in applications including tape base, abrasive backer, durable labels, medical sterilization packaging, wallpaper base, wide-format digital substrates, book covers and premium retail packaging.
The acquisition expands Twin Rivers’ footprint across northern Maine, New York and New Brunswick, reinforcing its position as an integrated specialty paper producer. It also combines PSPI’s product development expertise with Twin Rivers’ existing assets, supporting further development of fiber-based materials across technical and packaging markets.
The transaction secures continued operations at the Potsdam site, with support from New York State cited as a contributing factor in maintaining manufacturing activity and employment.
Twin Rivers Paper Company, headquartered in Madawaska, Maine, produces approximately 500,000 tons of specialty paper annually for publishing, label, technical and packaging markets, with operations in the United States and Canada.
Potsdam Specialty Paper specializes in the development and production of latex-saturated, acrylic and other engineered specialty papers for industrial and commercial applications.
