State suit alleges Pactiv violated grant agreement
Pactiv Evergreen’s shocking announcement that it would close its 115-year-old paper mill broke lots of hearts — and wallets — in Canton, but now, more than a year later, North Carolina’s Attorney General is looking for some payback over broken promises.
Gov. Cooper: Pactiv Evergreen must pay back $12 million state grant if mill closes
In a letter sent by North Carolina Gov. Roy Cooper to Mike King, CEO of Pactiv Evergreen, Cooper says that closing the Canton paper mill would violate the terms of a 2015 economic development deal and require the company to repay the state $12 million.
