SMART Papers Secures New $45M Credit Line

HAMILTON, OH—SMART Papers has secured $45 million in new financing from Wells Fargo Foothill, part of Wells Fargo & Co. The financing provides SMART Papers with a stronger financial platform to expand sales, manufacturing and distribution of its products.

SMART Papers manufactures and markets premium coated and uncoated printing papers. The company emerged from Chapter 11 bankruptcy protection last December.