Newberg Paper Mill
Newberg, OregonFormer WestRock Paper Mill
Following more than 90 years of operations, the 220-acre industrial campus was used to produce paper for newspapers, brown paper bags, and corrugated carboard. The Newberg plant officially closed in January 2016. In 2020, a CDC affiliated entity acquired the retired paper manufacturing plant in Newberg, Oregon.
The transaction included the acquisition of real estate assets and a corporate indemnification for legacy environmental liabilities associated with the site facilitated by ELT. CDC will reposition the site to take advantage of the site’s development potential, which includes 120 acres of industrial/mixed land, four acres of multi-family land, and 1.5 acres of commercial land located in an Opportunity Zone and Enterprise Zone. Additionally, the site has heavy power, easy proximity to the I-5 transportation corridor, and potential for both rail access and significant water rights.
