CRG to Build Distribution Center at Resolute’s Tennessee Tissue Operation
ST. LOUIS, MO – St. Louis-based developer CRG today announced a partnership with Resolute Forest Products for the design and construction of a distribution center on the site of Resolute’s tissue facility in Calhoun, Tennessee.
“CRG is proud to partner with Resolute and to support the expansion of its Tennessee tissue operation. We worked closely with them to carefully understand their needs in order to design and build a structure that will provide efficient storage and distribution of their products,” said CRG Eastern Region Vice President Scott Caplan.
“The recently constructed tissue machine and converting operation in Calhoun has positioned Resolute as one of the fastest growing providers of quality tissue products in North America,” stated Patrice Minguez, President of Resolute’s Tissue Group. “The addition of the onsite distribution center will support our continued growth in the tissue market.”
Construction is slated for completion by August 2018. Clayco will serve as the design-builder on the project, with subsidiary Forum Studio providing architecture services. This is Clayco’s latest project in the region.
CRG is Clayco, Inc.’s private real estate investment firm that acquires, develops, and operates real estate assets. Headquartered in St. Louis, Missouri with offices in Chicago, Sacramento, Atlanta, Pittsburgh and northern New Jersey, the CRG team has developed more than 5,000 acres of land and delivered over 160 million square feet of commercial, industrial and multi-family assets exceeding $9 billion in value. For more information visit www.realcrg.com.
Clayco is a full-service, turnkey real estate development, master planning, architecture, engineering and construction firm that delivers clients around the world the highest quality solutions on time, on budget, and above and beyond expectations. With over $2 billion in revenue for 2017, Clayco specializes in the “art and science of building,” providing fast track, efficient solutions globally for commercial, institutional and residential related building projects. For more information visit www.claycorp.com.
About Resolute Forest Products
Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including market pulp, tissue, wood products, newsprint and specialty papers, which are marketed in close to 70 countries. The company owns or operates some 40 manufacturing facilities, as well as power generation assets, in the United States and Canada. Resolute has third-party certified 100% of its managed woodlands to internationally recognized sustainable forest management standards. The shares of Resolute Forest Products trade under the stock symbol RFP on both the New York Stock Exchange and the Toronto Stock Exchange. Visit www.resolutefp.com for more information.