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Celadon Selects Hampton Roads for Site of New $267 Million Paper Recycling Plant

Chesapeake Project Could Make Company One of the Largest Exporters in Virginia
Celadon leased a manufacturing plant nearby in Suffolk, Virginia, this past summer in one of the market's largest deals of the quarter. (CoStar)
Celadon leased a manufacturing plant nearby in Suffolk, Virginia, this past summer in one of the market's largest deals of the quarter. (CoStar)
By CoStar News Staff
January 12, 2022 | 5:21 P.M.

Celadon Investment Corp. is investing $267 million to develop a new paperboard recycling and production facility in Chesapeake, Virginia, that it said could make it one of the largest exporters in the state.

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