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By Dian Ver Valen
The Times 

State Approves $110M in Bonds for Columbia Pulp

Construction slated to start mid-June for Starbuck-area straw-processing plant

 


STARBUCK – The Washington Economic Development Finance Authority has approved issuance of $110 million in non-recourse revenue bonds to Columbia Pulp, LLC.

The bonds will cover construction costs for the planned 449-acre wheat straw refuse recovery and paper pulp manufacturing facility to be located on Highway 261 near Starbuck, according to Columbia Pulp President John Begley.

“It still has to go through a fairly detailed process, which will probably take about eight weeks,” Begley told The Times on Monday. “We’re hoping to close these bonds mid-June and then break ground about...



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