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Bast Fibre Technologies Acquires N.C.-Based Lumberton Cellulose

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Bast Fibre Technologies Inc. (BFT), a manufacturer of premium natural fibers for the global nonwoven and textile industries, announced Tuesday that it has entered into a definitive agreement to acquire Lumberton Cellulose (LC), a natural fiber processing facility located in Lumberton, N.C., from Georgia-Pacific Cellulose LLC. “Acquiring this state-of-the-art natural fiber processing facility and integrating…

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