As a result of the investment, Newark Converted Products, the division of Newark Recycled Paperboard that operates the local plant, expects to see 50 percent growth in Franklin over the next five years, the company said. Eight new hourly jobs have been added due to the increase in Franklin operations; additionally, one salaried position with a second shift will be added in the future, according to Newark.
Newark said it purchased the Franklin site, 300 Chestnut St., in 1993.
The same company, formerly known as The Newark Group, closed the paper mill Franklin Boxboard Corp. on East Sixth Street in 2011.
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