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Appvion completes $365 million sale

Posted: 9:18 PM, Jun 14, 2018
Updated: 2018-06-14 22:25:00-04

After slashing more than 200 jobs last year, Appvion has finished selling all their assets to Franklin Advisers Inc.

The final sale was for $365 million, as the paper mill recovers from bankruptcy.

The company's Distribution Center and Warehouse, in Appleton, closed last September when they filed for bankruptcy.