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Australian Newsprint Mills
From Wikipedia - Reading time: 3 min
| Industry | Manufacturing |
|---|---|
| Founded | 1938 |
Number of locations | 2 |
| Products | Newsprint |
Australian Newsprint Mills (ANM) was an Australian newsprint manufacturer.
History
[edit]Australian Newsprint Mills was established in 1938 to build a newsprint manufacturing plant adjacent to the River Derwent at Boyer, Tasmania.[1] Its founding chairman was Keith Murdoch.[2] The plant opened in February 1941.[3][4]
In August 1972, John Fairfax purchased News Limited's shareholding.[5] By 1978, the major shareholders were the Herald & Weekly Times with 46% and John Fairfax with 35%.[6] In August 1981 a second plant opened in Albury, New South Wales.[7]
In March 1988 Fletcher Challenge purchased John Fairfax's 50% shareholding.[8][9] The company was sold to Norske Skog in April 2000.[10][11]
References
[edit]- ^ Newsprint - Derwent Valley Mills The Mercury 16 March 1938 page 5
- ^ Australian Newsprint - The Tasmanian Mills The West Australian 14 December 1938 page 13
- ^ Newsprint Industry is Born The Herald 24 February 1941 page 4
- ^ Newsprint Industry in Operation The Advocate 27 February 1941 page 5
- ^ Fairfax buys 1.2m shares in ANM Canberra Times 23 August 1972 page 25
- ^ Project Worth $155m ANM Ltd to proceed with Albury newsprint mill Canberra Times 29 June 1978 page 17
- ^ Wran opens $190m plant at Albury Canberra Times 29 August 1981 page 21
- ^ TPC to investigate Fairfax assets sale Canberra Times 17 March 1988 page 3
- ^ Fletcher given green light to buy ANM stake Canberra Times 16 June 1988 page 17
- ^ Norske to Acquire Fletcher Challenge's Paper Group Recycling Today 3 April 2000
- ^ Norske Skog Will Buy Paper Division Of Fletcher Challenge for $2.5 Billion Wall Street Journal 4 April 2000
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