Company to renovate former paper mill
8 Jul 2026
News
Manufacturer plans $150M investment at former Middletown paper mill, creating 56 jobs. By Bryan Dippold - Staff Writer
A Swiss manufacturing company plans to invest $150 million to renovate and expand a historic former paper mill in Middletown, creating 56 full-time jobs by the end of 2028.
Weidmann, a family-owned company that manufactures paper insulation materials for the electric transformer industry, plans to build at the former Graphic Packaging International facility at 407 Charles St. Graphic Packaging closed in April 2025, affecting 130 employees.
The project includes an estimated $50 million in improvements to existing buildings and $100 million for machinery and equipment at the 350,000-square-foot site.
The expansion is expected to generate an annual payroll of about $5 million by Dec. 31, 2028.
“This reinvestment in a historic manufacturing facility strengthens our growing, business-focused ecosystem while solidifying our industrial legacy across the region,” City Manager Ashley Combs said.
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