New owners for the mill in International Falls.
Packaging Corporation of America says its acquiring Boise Inc. in a deal valued at nearly 2-billion dollars.
PCA says the acquisition of Boise's operations, which include four mills and 26 converting facilities, is an excellent fit for them, both geographically and strategically.
The announcement comes just four months after Boise had announced plans to shut down two of its paper machines and eliminate 265 jobs at its International Falls mill by October.